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New Deal


Announced

Hearst-backed Fitch Group to acquire CreditSights.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Majority

Domestic

United States

financial research

Acquisition

Single Bidder

credit risk analysis

credit analysis

Financial Data and Systems

Pending

Synopsis

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Hearst-backed Fitch Group, a financial information services provider, agreed to acquire CreditSights, a provider of independent credit research. Financial terms were not disclosed. “We are delighted to bring CreditSights into the companies of Fitch Group. CreditSights’ independent research is highly regarded by financial market participants worldwide. The acquisition will provide a unique opportunity to create enhanced offerings for the benefit of both Fitch’s and CreditSights’ customers, increasing information and transparency in the global capital markets," Paul Taylor, Fitch Group President and CEO.

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