Home / Industry

Neustar to be Acquired by Private Investment Group Led by Golden Gate Capital

Don't miss a thing – sign up for CircleID Weekly Wrap newsletter delivered to your inbox once a week.

Neustar today announced that it has entered into a definitive agreement to be acquired by a private investment group led by Golden Gate Capital in a transaction valued at approximately $2.9 billion, including debt to be refinanced.

Since the beginning of 2011, Neustar has been executing against a multi-year strategic plan to leverage the Company's leading position in Order & Inventory Management and real-time Numbering Services, including foundational capabilities in managing complex datasets and authoritative real-time connectivity, to become a market-leading provider of Information Services. Neustar has built a robust market position around unique, hard-to-replicate datasets and the data science that provides authoritative identities, updated in real time. At the same time, the Information Services business has been built independent of the Number Portability Administration Center ("NPAC") operations and data.

"We believe this transaction will enable us to continue to execute against our strategy and strengthen our market position as a leader in marketing, risk, security and communication solutions," said Lisa Hook, Neustar's President and Chief Executive Officer. "Golden Gate Capital and GIC offered us a compelling opportunity to continue to invest and pursue long-term growth with operational flexibility, and we look forward to working with these two sophisticated investors. Importantly, customers, employees and partners will continue to benefit as we execute against our strategy."

"We strongly believe in the Company's strategic direction and have been very impressed with the team's ability to transform the business into both a trusted, neutral provider to the telecom industry and a leading information services provider," said Rishi Chandna, a Managing Director with Golden Gate Capital. "We look forward to partnering with the Neustar team to achieve its strategic objectives, make the Company's competitive advantages even more compelling and drive value for all of Neustar's stakeholders."

The transaction, which is expected to close no later than the end of the third calendar quarter of 2017, is subject to approval by Neustar's shareholders, regulatory approvals and other customary closing conditions. Under the terms of the agreement, the Company may solicit alternative proposals from third parties for 30 days. There can be no assurances that this process will result in a superior proposal.

Neustar

About Neustar – Neustar,Inc. (NYSE:NSR) is the first real-time provider of cloud-based information services and data analytics, enabling marketing and IT security professionals to promote and protect their businesses. Learn More

Related topics: DNS, Internet of Things, Top-Level Domains

 
   

Related Blogs

Related News

Explore Topics

Dig Deeper

Afilias Mobile & Web Services

Mobile Internet

Sponsored by Afilias Mobile & Web Services
Afilias

DNS Security

Sponsored by Afilias
Verisign

Cybersecurity

Sponsored by Verisign

Promoted Posts

Now Is the Time for .eco

.eco launches globally at 16:00 UTC on April 25, 2017, when domains will be available on a first-come, first-serve basis. .eco is for businesses, non-profits and people committed to positive change for the planet. See list of registrars offering .eco more»

Boston Ivy Gets Competitive With Its TLDs, Offers Registrars New Wholesale Pricing

With a mission to make its top-level domains available to the broadest market possible, Boston Ivy has permanently reduced its registration, renewal and transfer prices for .Broker, .Forex, .Markets and .Trading. more»

Industry Updates – Sponsored Posts

.PRESS Supports Press Freedom Day for 3rd Consecutive Year

5 Afilias Top Level Domains Now Licensed for Sale in China

Radix Announces Largest New gTLD Sale with Casino.Online

2016 Year in Review: The Trending Keywords in .COM and .NET Domain Registrations

Global Domain Name Registrations Reach 329.3 Million, 2.3 Million Growth in Last Quarter of 2016

A Look at How the New .SPACE TLD Has Performed Over the Past 2 Years

Startup League Reports from WebSummit, Lisbon

.SPACE Becomes the Choice of the First Ever Space Nation Asgardia

Don't Gamble With Your DNS

Why .com is the Venture Capital Community's Power Player

The .cancerresearch TLD: Search for Cure Drives Digital Innovation

New TLD? Make Sure It's Secure

Radix Launches Startup League at TechCrunch

Celebrating One Year of .online

Verisign Releases Q2 2016 DDoS Trends Report - Layer 7 DDoS Attacks a Growing Trend

LogicBoxes Launches the New Elite Reseller Program

How Savvy DDoS Attackers Are Using DNSSEC Against Us

Afilias Acquires Premium TLDs .ARCHI, .BIO and .SKI

Radix Adds Dyn as a DNS Service Provider

Facilitating a Trusted Web Space for Financial Service Professionals