Browsing: Credit Research


Kroll Bond Rating Recapitalizes for Growth

Kroll Bond Rating Agency recently accepted a capital infusion from existing shareholder, Wharf Street, enabling the firm to expand overseas and grow its corporate finance business.  Wharf Street now owns ...

Credit Rater DBRS Sold to PE Firms

DBRS, a Canadian credit rating agency, will be sold to a group of investors led by the private equity firms Carlyle Group and Warburg Pincus for an undisclosed amount rumored ...

Hearst Increases Stake in Fitch for $2 Billion

Hearst Corporation is paying $1.97 billion for an additional 30 percent stake in Fitch Group, the parent of the third-largest credit ratings firm.  Fitch's valuation in the transaction is around ...

Moody’s Completes Ownership of Copal Amba

Moody’s Corporation completed its acquisition of the remaining outstanding shares of Copal Amba.  Terms of the transaction were not disclosed. Moody’s purchased a majority share in Copal Partners in 2011 ...

Moody’s Buys Lewtan Technologies

Moody’s Corporation acquired Lewtan Technologies, a leading provider of analytical tools and data for the global structured finance market.  Terms were not disclosed. Based in Waltham, Massachusetts, Lewtan provides data ...

K2 (Kroll Ratings) Moves into GLG Space

K2 Intelligence, an investigative consultancy founded by Jeremy and Jules Kroll, is filling the space vacated by Gerson Lehrman Group as GLG moves its headquarters into state-of-the-art new offices at ...

Moody’s Acquires KPO Provider Amba Research

New York, NY – Last week global credit ratings firm, Moody’s Corp, acquired Bangalore and New York-based investment research and knowledge outsourcing provider Amba Research Services for an undisclosed sum.  ...

A Merger for Mergermarket?

Mergermarket Group, a successful business intelligence research firm covering the M&A, distressed, and debt markets, is being auctioned by Pearson, the parent of the Financial Times which currently owns Mergermarket. ...

SEC Condones Fixed Income Soft Dollars

The U.S. Securities and Exchange Commission recently issued a no action letter to Carolina Capital Markets, Inc. confirming that it is permissible to use commissions generated by fixed income securities ...

Morningstar Beefs Up Ratings Business With Controversial Tillman Hire

Last week Morningstar, Inc. made its latest move to beef up its ratings business by hiring Vickie Tillman as president of its ratings division.  Ms. Tillman’s hire has been viewed ...