Both companies aim to integrate the Cision Communications Cloud and a network of industry analysts to deliver data-based resources to public and private sector executives in real time.
The deal also adds the Bulletin Media and Bulletin Healthcare brands to Cision’s portfolio.
Portico Capital Securities acted as financial adviser to Bulletin Intelligence in the transaction.
The acquisition comes a week after Cision announced it entered into an approximately $2.4 billion deal to merge with investment vehicle Capitol Acquisition Corp. III.