Platinum-Backed PR Software Firm Cision Retains Advisors

Platinum Equity-backed public relations firm Cision Ltd. is getting advice on its balance sheet from Houlihan Lokey Inc. and Milbank LLP, according to people with knowledge of the matter, who asked not to identified discussing a private matter.

• The software firm, whose debt trades around record lows, rattled investors last month when it created a new holding company, which lenders often viewed as a precursor to an asset sale or collateral transfer, Bloomberg reported
• READ, Nov. 4:Platinum-Backed PR Software Firm Cision Creates New Legal Entity
• Cision, Platinum Equity and Milbank didn’t return requests for comment. A representative ...