JACKSONVILLE, Fla., March 14, 2018 (GLOBE NEWSWIRE) -- Black Knight, Inc. (NYSE:BKI) a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital market verticals, today announced the pricing of the previously announced underwritten public offering by affiliates of Thomas H. Lee Partners, L.P. of 8,000,000 shares of the Company’s common stock at a public offering price of $49.00 pursuant to a shelf registration statement filed with the Securities and Exchange Commission. The Company has agreed to repurchase from the underwriter 1,000,000 shares of the 8,000,000 shares of common stock being sold by the Selling Shareholder at a per-share purchase price equal to the price payable by the underwriter to the Selling Shareholder. As such, only 7,000,000 shares of the 8,000,000 shares of common stock being sold by the Selling Shareholder will be sold to the public. The Selling Shareholder will receive all of the net proceeds from this offering. No shares are being sold by the Company. The offering is expected to close on March 15, 2018, subject to customary closing conditions.
Goldman Sachs & Co. LLC acted as the sole underwriter for this offering.
About Black Knight
Black Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle.