Capitol III

In June 2017, Capitol Acquisition Corp. III merged with Cision, in a transaction valued at approximately $2.4 billion. 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.

Cision’s merger with Capitol III enabled it to pay down debt and refinance its capital structure, resulting in approximately $60 million of annual interest savings, and provided the financial flexibility and public listing to pursue its organic growth and M&A strategy. In January 2020, Platinum Equity took Cision private in a transaction valued at $2.7 billion.

Mark D. Ein served as Vice Chairman of the Board of Cision and L. Dyson Dryden served as a Director from June 2017 until January 2020, when the sale to Platinum Equity closed.

Announcement Press Release  |  Investor Presentation  |  Closing Press Release