Archer Capital News

Bilden Joins HII Board of Directors

Philip M. Bilden has been elected to Huntington Ingalls Industries’ (HII) board of directors, effective November 7. Bilden retired last year as a co-founding member of the private equity firm HarbourVest Partners. He began his career in Boston in 1991 and relocated to Hong Kong in 1996 to establish the firm’s Asian subsidiary. Throughout his 25-year tenure at HarbourVest Partners, Bilden served in senior leadership roles in the firm’s global management, including the firm’s six-person executive committee responsible for governance.

Dun & Bradstreet to Focus on Core Commercial Strategy

Dun & Bradstreet will acquire the entirety of Dun & Bradstreet’s ANZ business, including consumer risk and debt collection, and commercial solutions, for AUD $220 million. As part of the agreement, pending regulatory approval, Credit Data Solutions will become a partner within Dun & Bradstreet’s Worldwide Network to continue to provide commercial solutions in the region. This decision supports Dun & Bradstreet’s long-term growth strategy. Today, approximately two-thirds of the ANZ business is consumer-related, which is inconsistent with Dun & Bradstreet’s established business-to-business focus. “We’re excited to welcome Archer Capital’s Credit Data Solutions as the newest member of our Worldwide Network.