initial public offerings (IPOs) trading on American exchanges

Thursday, May 21, 2015

Black Knight Financial Group (BKFS) began trading on the NYSE on 20 May 2015

  • Black Knight Financial Group, a provider of technology services, including data analytics, to the mortgage industry. 
  • The company plans to raise $400 million by offering 17 million shares at a range of 22 to 25.
  • Black Knight said its customers include 21 of the 25 largest U.S. mortgage originators and all of the 25 largest U.S. mortgage servicers, among other financial institutions and real estate professionals.
  • Black Knight is being spun off by Fidelity National Financial (NYSE:FNF).
  • The lead underwriters are JPMorgan (NYSE:JPM) and BofA Merrill Lynch. Black Knight will list on the NYSE under the ticker BKFS, starting Wednesday

Black Knight Financial Services, Inc. is a holding company. The Company, through its subsidiaries, provides integrated technology, workflow automation and data and analytics to the mortgage industry. The Company operates through two segments: Technology, and Data and Analytics. The Company's Technology segment offers software and hosting solutions that support loan servicing, which includes the core mortgage servicing, specialty mortgage servicing, including loss mitigation and default workflow management, loan origination and settlement services. Its Data and Analytics segment offers solutions support its technology products in the mortgage, real estate and capital markets industries. These solutions include property ownership data, lien data, servicing data, automated valuation models, collateral risk scores, prepayment and default models, lead generation and other data solutions. Its subsidiaries include Black Knight InfoServ, LLC and Black Knight Financial Services, LLC.


601 Riverside Ave
United States 

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