Cadwalader Advises Credit Bureau Connection on its Majority Recapitalization by CapStreet

October 19, 2021

Cadwalader advised Credit Bureau Connection (CBC), which offers credit reporting and compliance solutions to the automotive and general consumer finance industries, in its majority recapitalization by private equity firm The CapStreet Group, LLC. Following the transaction, CBC will continue to operate under its current brand name. Financial terms were not disclosed.

This representation further bolsters Cadwalader’s position as a market leader in the automotive data and software sector, and continues the firm’s track record of advising on many of the most significant transactions in the sector, including advising CarWave in its sale of a majority stake to KKR; Gubagoo Inc. in its sale to The Reynolds and Reynolds Company; Superior Integrated Solutions in its sale to J.D. Power (a portfolio company of Thoma Bravo); CarOffer in its sale of a majority stake to CarGurus; Dealer Car Search in its sale to LeadVenture; ELEAD1ONE in its sale to CDK Global; fusionZONE Automotive in a major growth investment by Primus Capital; and Dealer Product Services in its merger with OneCommand, Peak Performance and to form Affinitiv, Inc.

The Cadwalader team was led by Corporate partner Daniel Raglan and included senior attorney Tyler Carson and associates Joshua Perkins and Cheyenne Karp; Tax partner Linda Swartz and special counsel Joseph Soltis; Litigation partner Rachel Rodman; Intellectual Property partner Dorothy Auth and associate Dash Cole; and Bank Regulatory partner Scott Cammarn.