Clearlake Capital Group is acquring Dun & Bradstreet, which is headquartered in the Town Center Two building at 5335 Gate Parkway.

The deal with Clearlake Capital Group is expected to close in the third quarter.

While the price might have been lower than some had hoped, Dun & Bradstreet Holdings Inc. shareholders overwhelmingly approved the Jacksonville-based business data firm’s $7.7 billion buyout deal with Clearlake Capital Group, L.P. at a virtual special meeting June 12.

According to a Securities and Exchange Commission filing, 345.9 million shares of Dun & Bradstreet were voted in favor of the deal and only 3 million were opposed.

Dun & Bradstreet announced the deal March 24 in which Clearlake will pay $9.15 per share to acquire the company.

That is well below Dun & Bradstreet’s initial public offering price of $22 a share in July 2020. It was also below its closing price of $10.29 on Aug. 1, 2024, before news leaked out that the company was talking to potential buyers.

The agreement was subject to a 30-day go-shop period for a possible higher offer but no other bids were made.

Dun & Bradstreet’s largest shareholder, Cannae Holdings Inc., pledged to support the deal with Clearlake when the agreement was signed.

Cannae, which owns 13.5% of the stock, is the investment company spun off from Jacksonville-based Fidelity National Financial Inc.

Dun & Bradstreet’s SEC filing said it anticipates closing the buyout in the third quarter this year.