CRISIL is all set to acquire Greenwich Associates LLC, a leading provider of proprietary benchmarking data, analytics and qualitative, at a consideration of $40 million. The acquisition will be done through CRISIL’s 100% subsidiary, CRISIL Irevna US LLC. The acquisition is expected to be completed by the first quarter of the calendar year 2020.
The acquisition will complement the company’s existing portfolio of products and expand offerings to new segments across financial services including commercial banks and asset and wealth managers. The deal will accelerate the company’s strategy to be the leading player in the growing market of global benchmarking analytics.
CRISIL operates as a ratings, research, risk and policy advisory company.
