Cannae Holdings Acquires Exeter Rugby Group For Enterprise Value Of ~$43M

~ Acquisition of the PREM Rugby Club at an Attractive Entry Valuation Marks Cannae’s Latest Step in Transforming its Portfolio Toward Sports and Entertainment Assets ~ Cannae Holdings, Inc. (NYSE: CNNE ) ("Cannae" or the "Company") today announced that through its newly created subsidiary Black Knight Rugby, it has completed the acquisition of Exeter Rugby Group ("Exeter Chiefs", "Exeter" or the "Club"), a leading professional rugby union club based in Exeter, Devon, England and a member of Gallagher PREM Rugby ("PREM Rugby" or the "PREM"), which is the top division of the English rugby union system. The Club has a proven track record as one of the top-performing rugby union clubs in Europe, with the men’s team winning two PREM Rugby titles and one Investec Champions Cup in a run of six consecutive finals appearances between 2015/16 and 2020/21. The women’s team competes in the Premie...