Dun & Bradstreet, a leading global provider of business decisioning data and analytics, will relocate its corporate headquarters from New Jersey to Jacksonville, Florida.
The move will create 500 new high-wage jobs over the next five years and generate $75 million in capital investment. The move comes after the financial data analytics company was acquired by a group of investors including Black Knight which was already based in Jacksonville. Dun & Bradstreet plans to open the office in the fall.
“As we continue to make strategic investments to best position Dun & Bradstreet for long-term growth, we are honored to have the opportunity to open a new office and shift our corporate headquarters to Jacksonville,” said Anthony Jabbour, CEO of Dun & Bradstreet. “Jacksonville is an attractive market to recruit and retain future, diverse talent and we look forward to building our presence in the market and creating greater opportunities for advancement for the local community.”
The company will receive $4 million in state incentives through the High-Impact Performance Initiative. Legislation will be introduced to City Council in the next two weeks for an additional $21 million in incentives.
“Dun & Bradstreet is a global brand that could locate anywhere, and we are happy they are choosing Jacksonville,” JAXUSA President Aundra Wallace said. “The company knows we have a skilled, talented workforce that they need to continue to grow and succeed. We look forward to working with the City Council on this important project.”
Dun & Bradstreet was established nearly 180 years ago and was one of the founding companies to establish the American enterprise. The company’s solutions support businesses of all sizes by providing proprietary and curated data and analytics to help drive informed decisions and improved outcomes. It employs more than 6,000 global employees and serves more than 137,000 clients around the world.