In a deal that began in January 2021, Fitch Group, a global leader in financial information services has completed the acquisition of CreditSights Inc., a provider of independent credit research to the global financial community from its founders along with other shareholders and investors.
The development will see CreditSights become part of Fitch Solutions and complement its existing businesses. In addition, CreditSights’ products will deepen Fitch Solutions’ capabilities significantly across multiple fixed income as well as credit asset classes and sectors with its fundamental and in-depth research on investment grade and high-yield debt securities.
Meanwhile, the business will continue to operate under the CreditSights brand so as to remain a participant of the financial market for its independent relative value credit research.
Speaking on the deal, Paul Taylor, President and CEO of Fitch Group said “We are delighted that CreditSights is now part of Fitch Group and excited by the opportunity this provides to create enhanced offerings for the benefit of both companies’ customers.”
Similarly, Peter Petas, CEO of CreditSights, said, “I am excited for this next chapter for CreditSights. As part of Fitch Solutions, we will have opportunities to meet more of our clients’ needs and offer an expanded suite of solutions, all while continuing to deliver the core company, sector and market-relevant research as we have for the past 20 years.”
CreditSights was founded in 2000 and has since provided subscription-based, independent credit research, risk tools and comprehensive market insights used by finance pro