Industry-leading analysis combines with cloud-based tech to
offer daily intelligence briefs
CHICAGO, March 28, 2017 /PRNewswire/ -- Cision
announced today that it acquired Bulletin Intelligence, which has
written the daily White House News Summary for the Executive
Office of the President since 2001, and which also provides custom,
expert-curated executive briefings to the CEOs and C-suites of many
of the nation's largest businesses.
The acquisition closely follows Cision's announcement to go
public via a business combination with Capitol Acquisition Corp.
III (NASDAQ: CLAC) and expands the company's ability to deliver
actionable intelligence to senior leadership teams.
Bulletin Intelligence's expert analysts deliver
highly-customized must-read briefings to closed audiences first
thing each business morning, providing a comprehensive view of news
and other competitive intelligence to highest-level corporate and
government leaders. Bulletin's accompanying predictive media
analytics captures and measures the sentiment from news and social
media channels, helping brands and executives understand the
opinions of customers, investors, and regulators across the
world.
Bulletin Intelligence's elite analysis capabilities,
best-in-class talent and deep relationships with world and business
leaders will strengthen Cision's current global team of
analysts.
Cision also adds Bulletin Healthcare and Bulletin Media branded
services to its product portfolio. Bulletin Healthcare digitally
delivers medical specialty news briefings each morning to over one
million healthcare professionals, including 800,000 physicians.
Bulletin Media delivers daily news customized to the professional
interests of over 500,000 engineers, educators and
manufacturers.
"After our recent announcement to go public, acquiring Bulletin
Intelligence is a natural next step toward building the world's
most complete earned media cloud platform," explained Cision CEO
Kevin Akeroyd. "In an era of excess
information and the 24/7 news cycle, the addition of Bulletin's
world-class analyst services bolsters our ability to provide
data-driven insights that today's executives need to make critical
business decisions."
Paul Roellig, founding CEO of
Bulletin Intelligence said, "Cision is a natural home for Bulletin
Intelligence, Bulletin Healthcare and Bulletin Media. The services
will complement the Cision platform, and we have been impressed
with Cision's new leadership team, its strategic vision and their
sincere desire to invest in the business to the benefit of our
clients and employees."
Today's strategic acquisition aligns with Cision's overall
commitment to equipping companies and brands with the ability to
build consistent, meaningful and enduring relationships and
results. By combining the power of the Cision Communications Cloud™
with the acumen and analysis of industry professionals, Cision and
Bulletin Intelligence will continue to deliver trusted data-driven
resources in real-time to senior leaders and communications
professionals.
Day-to-day operations at Bulletin Intelligence and Cision will
not be affected. Bulletin Intelligence's customer service, platform
and network of deeply experienced analysts will continue to operate
as normal.
Portico Capital Securities LLC served as exclusive financial
advisor to Bulletin Intelligence with respect to this transaction.
Terms of the transaction were not released.
About Cision
Cision is a leading media communication technology and analytics
company that enables marketers and communicators to effectively
manage their earned media programs in coordination with paid and
owned channels to drive business impact. As the creator of the
Cision Communications Cloud™, the
first-of-its-kind earned media cloud-based platform, Cision has
combined cutting-edge data, analytics, technology and services into
a unified communication ecosystem that brands can use to build
consistent, meaningful and enduring relationships with influencers
and buyers in order to amplify their marketplace influence. For
more information, visit www.cision.com or follow @Cision on
Twitter.
About Bulletin Intelligence
Bulletin Intelligence and its Bulletin Healthcare and Bulletin
Media subsidiaries deliver fully-customized (bespoke) intelligence
briefings to the world's most demanding executives in leading
businesses, government entities, and associations, reaching a
combined daily audience of over 1.5 million professionals.
Briefings analyze and synthesize the most comprehensive and
relevant set of news, social media, and other sources of
competitive intelligence, all based on the client's corporate,
brand, competitive, industry, policy, legal, and financial
priorities. Called the "perfect antidote to information overload"
by a Fortune 50 CEO, the briefings put the entire management team
on the same page every morning – facilitating faster and more
consistently informed decision-making. Bulletin Intelligence
complements its briefing solutions with a set of analytics
solutions that quantitatively measure the effectiveness and impact
of media coverage on the company's overall brand reputation, on
specific brands, and against key competitors. Bulletin emphasizes
its responsive, white-glove services and is an industry leader in
client retention. Today, more than 90% of its client CEOs read
their Bulletin Intelligence briefing. Bulletin Intelligence is
headquartered in Reston, VA.
About Capitol Acquisition Corp. III
Capitol Acquisition Corp. III is a public investment vehicle
formed for the purpose of effecting a merger, acquisition or
similar business combination. Capitol is led by Chairman and Chief
Executive Officer Mark D. Ein, and
President and Chief Financial Officer L.
Dyson Dryden. Capitol's securities are quoted on the Nasdaq
stock exchange under the ticker symbols CLAC, CLACW and CLACU. The
company, which raised $325 million of
cash proceeds in an initial public offering in October 2015, is Capitol's third publicly traded
investment vehicle. The first, Capitol Acquisition Corp., created
Two Harbors Investment Corp. (NYSE: "TWO"), a leading mortgage real
estate investment trust (REIT) and the second, Capitol Acquisition
Corp. II, merged with Lindblad Expeditions, Inc. (NASDAQ: "LIND"),
a global leader in expedition travel.
Participants in the Solicitation of Capitol
Stockholders
Capitol Acquisition Corp. III ("Capitol") and Canyon Holdings
S.À R. L. and its affiliates ("Cision") and their respective
directors and executive officers, under SEC rules, may be deemed to
be participants in the solicitation of proxies of Capitol's
stockholders in connection with Cision's proposed combination with
Capitol. Investors and security holders may obtain more detailed
information regarding the names and interests in the proposed
transaction of Capitol's directors and officers in Capitol's
filings with the SEC, including Capitol's Annual Report on Form
10-K for the fiscal year ended December 31,
2016, which was filed with the SEC on March 10, 2017. Information regarding the
persons who may, under SEC rules, be deemed participants in the
solicitation of proxies to Capitol's shareholders in connection
with the proposed business combination will be set forth in the
Registration Statement for the proposed business combination when
available. Additional information regarding the interests of
participants in the solicitation of proxies in connection with the
proposed business combination will be included in the Registration
Statement that Capitol intends to cause the Company to file with
the SEC.
INVESTORS AND SECURITY HOLDERS OF CAPITOL AND CISION ARE URGED
TO READ THE PROXY STATEMENT, PROSPECTUS AND OTHER RELEVANT
DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR
ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.
Investors and security holders will be able to obtain free copies
of the proxy statement, prospectus and other documents containing
important information about Capitol and Cision once such documents
are filed with the SEC, through the website maintained by the SEC
at www.sec.gov. Copies of the documents filed with the SEC by
Capitol and/or Cision when and if available, can be obtained free
of charge on Capitol's website at www.capitolacquisition.com or by
directing a written request to Capital Acquisition Corp. III, 509
7th Street NW, Washington D.C.
20004 or by emailing info@capitolacquisition.com; and/or on
Cision's website at www.cision.com or by directing a written
request to Cision, 130 East Randolph St. 7th Floor, Chicago, IL 60601 or by emailing
askcision@cision.com.
No Offer or Solicitation
This communication shall neither constitute an offer to sell or
the solicitation of an offer to buy any securities, nor shall there
be any sale of securities in any jurisdiction in which the offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such
jurisdiction.
Forward Looking Statements
This communication includes "forward looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. When used in this
communication, the words "estimates," "projected," "expects,"
"anticipates," "forecasts," "plans," "intends," "believes,"
"seeks," "may," "will," "should," "future," "propose" and
variations of these words or similar expressions (or the negative
versions of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements are
not guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
Capitol's or Cision's management's control, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. Important factors, among others,
that may affect actual results or outcomes include: the
inability to complete the transactions contemplated by the proposed
business combination; the inability to recognize the anticipated
benefits of the proposed business combination, which may be
affected by, among other things, the amount of cash available
following any redemptions by Capitol stockholders; the ability to
meet NASDAQ's listing standards following the consummation of the
transactions contemplated by the proposed business combination;
costs related to the proposed business combination; Cision's
ability to execute on its plans to develop and market new products
and the timing of these development programs; Cision's estimates of
the size of the markets for its solutions; the rate and degree of
market acceptance of Cision's solutions; the success of other
competing technologies that may become available; Cision's ability
to identify and integrate acquisitions; the performance and
security of Cision's services; potential litigation involving
Capitol or Cision; and general economic and market conditions
impacting demand for Cision's services. Other factors include
the possibility that the proposed transaction does not close,
including due to the failure to receive required security holder
approvals, or the failure of other closing conditions. Neither
Capitol nor Cision undertake any obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
Contact:
Stacey
Miller
Director, Communications
Cision
(301) 683-6038
stacey.miller@cision.com
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SOURCE Cision