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Fitch Group Closes Acquisition of Fulcrum Financial Data.


12 July 2018 - New York, US-based Fitch Group has closed the acquisition of New York-based information provider Fulcrum Financial Data from private equity firm Leeds Equity Partners, the company said.

Financial terms of the deal were not disclosed.

Fulcrum Financial Data will become part of the group's Fitch Solutions division.

Fitch Group said Fulcrum's leveraged and distressed debt expertise is a strong complement to the Fitch Ratings business, where the company has great presence and momentum.

Adding such influential brands as Covenant Review and LevFin Insights reinforces Fitch's role as a leading source of information, insights and tools for leveraged finance market participants.

Fulcrum Financial Data is a provider of leveraged finance and distressed debt analysis, news and data.

Covenant Review is a source for interpretation of corporate bond indentures and leveraged loan credit agreements.

LevFin Insights provides comprehensive real-time news, commentary and data for leveraged loan and high-yield bond market players.

Fitch Solutions is a provider of credit intelligence and the primary distributor of Fitch Ratings content.

Fitch Group, a unit of Hearst, is a leader in financial information, providing critical insights that inform better decision-making in financial markets.

With operations in more than 30 countries, Fitch Group is comprised of: Fitch Ratings, a leader in credit ratings and research; Fitch Solutions, an authority in credit and macro intelligence providing fixed-income products and services to the global financial community; and Fitch Learning, a preeminent source of training and professional development.

DCS Advisory served as advisor to Fitch Group on this transaction.

Country: USA

Sector: Banking/Financial Services

Target: lcrum Financial Data

Buyer: Fitch Group

Vendor: Leeds Equity Partners

Deal size in USD:

Type: Corporate Acquisition


Status: Closed

Buyer advisor: DCS Advisory , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:Jul 12, 2018
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