Great Hill Sells Credibility Corp. in Deal Worth up to $350M
May 14, 2015
Great Hill Partners has sold portfolio company Credibility Corp. to Dun & Bradstreet (NYSE: DNB) for $320 million in cash plus an earnout of up to $30 million if certain performance milestones are met through 2018. Formed by Great Hill in 2010, the company is a provider of credit and credibility management solutions, offering a suite of freemium and subscription credibility building products and services. During Great Hill's holding period, the company grew its revenue and EBITDA by approximately 200% and 300%, respectively.