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Announced

Completed

Intercontinental Exchange completed the acquisition of Black Knight for $16bn.

Financials

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Transaction Value£12,352m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales10.5x
EV/EBITDA23.14x
Share Price Premium-
One Off Charge-

Tags

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software development

Majority

Acquisition

United States

Software

analytic solutions

Domestic

Public

Single Bidder

Friendly

Completed

Synopsis

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Intercontinental Exchange, a global provider of data, technology, and market infrastructure, completed the acquisition of Black Knight, a software, data and analytics company that serves the housing finance continuum, including real estate data, mortgage lending and servicing, for $16bn. “Since our founding over twenty years ago, ICE has steadfastly adhered to our founding principle, demonstrated throughout our history, that applying technological innovation and digitization to traditionally analog businesses can make markets more efficient and transparent for all participants. Our team is well-positioned and ready to apply our proven playbook across the US mortgage ecosystem to help improve the homeownership experience for millions of American families," Jeffrey C. Sprecher, ICE Founder, Chair and CEO.

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