Cision Ltd. (NYSE:CISN) entered into share purchase agreement to acquire Falcon.io ApS for approximately $130 million on January 3, 2019. Consideration for the acquisition comprised of cash consideration of approximately $63.3 million and an aggregate of 5.3 million ordinary shares of the Cision Ltd. The cash portion of the consideration was funded with a combination of cash on hand and borrowings under the revolving credit facility. Cision Ltd. drew approximately $40 million of dollar borrowings under its revolving credit facility in connection with the acquisition. Falcon will also be integrated with the Cision Communications Cloud and continue to be offered as a stand-alone social media platform. GP Bullhound acted as financial advisor to Falcon.io ApS. Mark A. Fennell, Jeff A. Gilson, Brandon Knop, Stephen L. Ritchie, Craig Garvey and Kevin M. Frank of Kirkland & Ellis acted as legal advisor to Cision Ltd. Cision Ltd. (NYSE:CISN) completed the acquisition of Falcon.io ApS on January 3, 2019.