CRISIL to buy entire stake of Coalition Development

CRISIL has entered into an agreement to buy entire equity shares of UK-based Coalition Development along with its subsidiary (Coalition).

Coalition provides high-end analytics, mainly to leading global investment banks. It is a dynamic high-growth company firmly established as a premium brand. The company deploys unique proprietary analytics and algorithms to provide deep analytics on market size and dynamics, revenue opportunities and human capital.

CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services. The company’s majority shareholder is Standard and Poor’s (S&P). S&P, a part of The McGraw-Hill Companies, is the world’s foremost provider of credit ratings.