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New Deal


Announced

Completed

Cannae completed a $50m investment in JANA Partners.

Financials

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Transaction Value£39m
Consideration TypeCash, Asset Swap
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Single Bidder

United States

Acquisition

Private

Minority

investment firm

Private Equity

Domestic

Private Equity

Completed

Synopsis

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Cannae, a financial services company, completed a $50m investment in JANA Partners, an investment firm focused on creating value through shareholder engagement. “I am very excited to partner with Barry Rosenstein and Scott Ostfeld, who have built an incredible track record as public company investors. Through our investment in JANA, we will have access to proprietary deal flow and acquisition opportunities in undervalued companies and, as an owner of JANA, will also participate in the future success of JANA," William P. Foley, II, Cannae Chairman and Chief Executive Officer.

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