Mergers & Acquisitions ·
FiscalNote sells FrontierView to Oxford Economics for up to $9.4M, uses proceeds to prepay term loans
NOTEFiscalNote Holdings, Inc.
On August 27, 2026, FiscalNote Holdings completed the sale of its FrontierView business to Oxford Economics for a total value of approximately $9.4 million, consisting of $6.4 million in cash at closing and up to $3.0 million in potential earnouts based on annual recurring revenue targets. The company used proceeds to prepay $4.95 million of term loans and associated interest under its Financing Agreement with MGG Investment Group LP. FiscalNote updated its full-year 2026 guidance, now expecting revenue of $74–$76 million and adjusted EBITDA of $8–$10 million, reflecting the removal of FrontierView from results. The company operates in the AI-driven policy and regulatory intelligence industry.