Stratrix
On the Record · Cannae Holdings

Cannae Holdings acquisitions, on the record

The businesses Cannae Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
VIBSQ Holdco, LLC
Word for word“On July 30, 2021, we closed on the sale of the net assets of VIBSQ Holdco, LLC ("VIBSQ") which owned the Village Inn and Bakers Square brands and related assets.” 10-K for 2023
divestitureJuly 30, 2021—
Rock Creek Idaho Holdings, LLC
Word for word“On September 1, 2021, we closed on the sale of certain net assets of Rock Creek Idaho Holdings, LLC ("RC") and its subsidiaries.” 10-K for 2023
divestitureSeptember 1, 2021—
Black Knight Football and Entertainment (BKFE) initial interest
Word for word“We acquired our initial interest in BKFE on December 13, 2022.” 10-K for 2023
acquisitionDecember 13, 2022—
The Hibernian Football Club Limited
Word for word“On February 28, 2024, BKFE entered into a strategic partnership with, and acquired a minority ownership interest in, The Hibernian Football Club Limited, a Scottish Premiership football club founded in 1875.” 10-K for 2023
acquisitionFebruary 28, 2024—
The Watkins Company
Word for word“On October 17, 2024, the Company invested approximately $80.0 million for a 52.8% ownership interest in Watkins Holdings, LLC ("Watkins Holdings"), a partnership with KDSA Investment Partners ("KDSA") and Mark Jacobs (the "Watkins Acquisition").” 10-K for 2024
acquisitionOctober 17, 2024approximately $80.0 million
Black Knight Football Club (BKFC)
Word for word“We acquired our initial interest in BKFC on December 13, 2022.” 10-K for 2024
acquisitionDecember 13, 2022—
AmeriLife
Word for word“Proceeds from sale of AmeriLife — — 250.0 Proceeds from Optimal Blue Disposition, cash portion — — 144.5 Proceeds from sale of CorroHealth — — 78.7” 10-K for 2024
divestiture—250.0
CorroHealth
Word for word“Proceeds from sale of CorroHealth — — 78.7 Distributions from investments in unconsolidated affiliates 18.8 52.7 7.9 Proceeds from the sale of property and equipment 6.8 7.3 9.2 Collections of notes receivable — — 0.9 Investment in System1 — — ( 246.5 ) Purchases of investments in unconsolidated affiliates ( 135.2 ) ( 162.0 ) ( 143.1 )” 10-K for 2024
divestiture—78.7
Optimal Blue
Word for word“Proceeds from Optimal Blue Disposition, cash portion — — 144.5 Proceeds from sale of CorroHealth — — 78.7” 10-K for 2024
divestiture—144.5
Dun & Bradstreet
Word for word“On March 24, 2025, Dun & Bradstreet ("D&B") entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (the "D&B Sale").” 10-K for 2025
agreed divestitureMarch 24, 2025—
JANA Partners
Word for word“On May 12, 2025, Cannae entered into an agreement to acquire an additional 30% ownership interest in JANA Partners (the "JANA Investment") in exchange for an upfront payment of $67.5 million and potential further payments aggregating to $26.0 million if JANA Partners achieves certain assets under management thresholds (the "JANA Contingent Consideration").” 10-K for 2025
acquisition—$67.5 million
MFC
Word for word“In June 2025, BKFC completed the acquisition of a 70% ownership interest in MFC, further expanding its network of owned and operated clubs to Portugal, a country with a long history of excellence in football and a deep talent pool.” 10-K for 2025
acquisitionJune 2025—
FC Lorient
Word for word“In January 2026, BKFC acquired the remaining ownership interests in FC Lorient ("FCL") and now holds a 100% ownership interest in the club.” 10-K for 2025
acquisitionJanuary 2026—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$75.8 million$0—
2017-12-31$222.7 million$326 million$99.6 million
2018-12-31$0$4.6 million—
2019-12-31$0$0—
2020-12-31—$0—
2021-12-31—$63.2 million—
2022-12-31—$0—
2023-12-31—$0—

Deal filings since 2016

Read from Cannae Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.