Portico Capital Securities announced today that it served as the exclusive financial adviser to D&B, the world’s leading source of commercial information and insight on businesses, in its acquisition of Purisma, a leading provider of commercial data integration (CDI) software solutions, for $48 million.
Purisma provides software capabilities that will enable D&B to further penetrate the fast-growing CDI marketplace. Purisma provides a strong strategic fit with D&B as its data hub; its CDI software appliances are built to leverage the D&B database, simplifying the integration of D&B data with customers’ internal systems and further embedding D&B solutions behind the customer firewall.
Searcy Dryden, Managing Director at Portico Capital, noted: “We are very pleased to have worked with D&B in meaningfully extending their data integration platform. The Purisma acquisition better enables D&B’s already robust data integration suite to perform within its clients’ firewalls, further leveraging D&B’s best-in-class commercial data assets.”
Organizations invest in D&B and other external information services to perform more detailed customer analysis and to enhance their knowledge of current customers and future prospects. However, operational and data integration challenges often limit the return on investment enterprises achieve from these information sources.
By deploying the Purisma MyData for D&B solution in conjunction with D&B Sales and Marketing Solutions, companies can maximize their D&B investment in a matter of hours with minimal burden on IT resources. In a single solution, Purisma integrates the data, enhances the data through automated matching and exception management, allows easy customization of corporate hierarchies, and enables rapid and regular data refresh, thereby radically improving data accuracy and usability while reducing operational complexities. With the D&B/Purisma combined solution, companies can, for the first time, implement highly accurate master data management and customer data integration projects to respond to specific business solution challenges without the time, cost, complexity, or disruptions of conventional solutions.
About Portico Capital Securities, LLC
Established in 2000, Portico Capital Securities is the leading merchant bank with an exclusive focus on the Information and Business Services industry. Portico provides M&A and private capital financing advisory services to the leading private and public growth companies in this Industry. For more information about Portico Capital’s services, transactions and experience, please visit https://www.porticocap.com.
Richard R.S. Northrop