Fitch Group to acquire Fulcrum from Leeds Equity Partner.

Fitch Group, a unit of Hearst, has agreed to acquire Fulcrum Financial Data, a leading provider of leveraged finance and distressed debt analysis, news and data, from Leeds Equity Partners. Financial terms were not disclosed. "Fulcrum Financial Data has distinguished itself by offering deep reporting, insight and legal analysis that go beyond what others offer, helping asset managers, banks, private equity firms and other market participants make better decisions. We are delighted to welcome this talented team into Fitch Solutions. Fulcrum’s pre-eminence in leveraged finance aligns with our strategy to strengthen our offering to debt market professionals through strong organic growth and strategic acquisitions," Ranjit Tinaikar, Fitch Solutions President.