Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Carve-out

Fidelity National Financial will carve-out mortgage solutions unit in IPO

Black Knight Financial Services, a carve-out of Fidelity National Financial’s mortgage data and origination automation solutions, filed on Wednesday with the SEC to raise up to $100mm in an IPO.  The Jacksonville, FL-based company, which was founded in 2007 and booked $809 million in pro forma sales for the 12 months ended December 31, 2013, plans to list on the NYSE under the symbol BKFS. Source

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