How one CFO pulled off the year’s biggest tech IPO

Bryan Hipsher joined Dun & Bradstreet during the most fraught period of its company history. Less than 18 months later, it became the year’s best tech IPO.

In February of 2019, Dun & Bradstreet, a corporation best known for its Data Universal Numbering System (DUNS numbers), which generates business information reports for more than 100 million global companies, experienced two big changes. The first: after nearly 60 years as a publicly traded company, it went private. The second: it hired Bryan Hipsher as CFO.

Hipsher arrived from fintech Black Knight, which spun out from global banking fintech, FIS. He came on board right as the company retired its ticker, DNB, and removed itself from the marketplace in an effort to revitalize its strategy.

Last month, less than a year and a half after Hipsher began, Dun & Bradstreet reemerged on the public marketplace, filing an IPO in July on the reopening of the NYSE. According to IHS Markit, Dun & Bradstreet’s offering, at $1.7 billion, is the year’s biggest technology IPO.

Hipsher, who is responsible for overall financial management, controllership, treasury, investor relations, FP&A, reporting, and capital allocation strategy, played a key role in executing the virtual listing, even amid the pandemic.

Source: CFO Dive

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