Corporate Risk Holdings, LLC -- Moody's places Corporate Risk Holdings' ratings under review for upgrade following asset sale announcement

New York, October 27, 2016 -- Moody's Investors Service, ("Moody's") placed the ratings of Corporate Risk Holdings, LLC ("Corporate Risk") under review for upgrade, including its Caa2 Corporate Family Rating (CFR), Caa3-PD Probability of Default Rating, and the ratings assigned to the company's debt instruments. The review follows Corporate Risk's recent announcement that it is selling its eDiscovery and data solutions business, Kroll Ontrack, to LDiscovery, LLC, a technology enabled eDiscovery services provider in an all-cash transaction valued at approximately $410 million. The proposed transaction, which Moody's expects to be completed by December 2016, will allow Corporate Risk to reduce its debt burden, improve its credit metrics and strengthen its liquidity profile while turning its focus toward a high margin pre-employment screening business and Kroll advisory with better growth prospects.

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