MCO - Mergers and acquisitions

Moody's Corporation (NYSE:MCO) announced today that it has fully acquired ICR Chile (ICR), a leading provider of domestic credit ratings in Chile. The transaction follows Moody's 2019 acquisition of a minority stake in ICR and will further strengthen its presence in Latin America's domestic credit markets. Following the transaction, ICR will continue issuing domestic ratings in Chile under its own rating process and methodologies. In the following months, ICR will be fully integrated into Moody's Local, a group of leading credit rating agencies in Latin America. "Today's acquisition builds on our successful partnership with ICR and underscores our commitment to Chile's growing debt capi

Moody's Corporation (NYSE:MCO) announced today that it has acquired Numerated Growth Technologies (Numerated), a loan origination platform for financial institutions. The transaction further expands Moody's Lending Suite capabilities across the credit lifecycle, providing banking customers with a powerful end-to-end loan origination and monitoring solution. The acquisition builds on a partnership announced in January 2024 that integrated Numerated's front office, decisioning, and loan operation technologies with Moody's credit assessment, underwriting, and monitoring expertise. Numerated will be integrated into Moody's Lending Suite, creating a full loan origination workflow. "As our ba

Moody's Corporation (NYSE:MCO) announced today that it has acquired Praedicat, a leading provider of casualty insurance analytics. The acquisition adds comprehensive casualty and liability modeling to Moody's range of market leading solutions for the insurance industry, further enhancing its overall risk assessment strategy. Praedicat's models and predictive analytics help insurers and reinsurers navigate risks associated with catastrophic events, including product and environmental liabilities. Moody's will integrate Praedicat's capabilities into its existing suite of insurance solutions, providing casualty insurance industry customers with a holistic approach to understanding their risk

Moody's Corporation (NYSE:MCO) announced today that it has fully acquired Global Credit Rating Company Limited (GCR), a leading domestic credit rating agency with operations spanning Africa. The announcement follows Moody's 2022 acquisition of a majority stake in GCR, and expands Moody's investment in Africa's domestic credit markets. "GCR provides investors with crucial insights and clarity into Africa's fast-growing domestic credit markets, which play an important role in economic development throughout the continent," said Rob Fauber, President and Chief Executive Officer of Moody's. "Moody's is excited to deepen our domestic ratings presence in Africa through a trusted name in GCR."

Moody's Corporation (NYSE:MCO) announced today that it has acquired PassFort Limited and entered into an agreement to acquire 360kompany AG (kompany), two European providers of onboarding and Know Your Customer (KYC) technology solutions. The acquisitions complement Moody's technology, data, and analytical capabilities, and enhance its industry-leading customer solutions for KYC, anti-money laundering, compliance, and counterparty risk. "Our customers rely on our data and analytical tools to make decisions about who they do business with," said Keith Berry, General Manager of Moody's KYC business unit. "PassFort and kompany are innovators in the compliance and regulatory space, and their t

Moody's Corporation (NYSE:MCO) announced today that it has acquired Bogard AB, a leading provider of data and information on politically exposed persons (PEPs) in the Nordic region. The acquisition advances Moody's ability to help customers perform Know Your Customer (KYC) screening and research to address financial crime. Bogard covers over 17,000 PEPs, relatives, and close associates across Sweden, Norway, Denmark, and Finland. The company collects, refines, and updates its data using various sources, including tax authorities, business and real estate registries, and other directories in the Nordic region. "Access to accurate, up-to-date information on politically exposed persons is vi

NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE:MCO) announced today that it has acquired Catylist, Inc., a provider of commercial real estate (CRE) solutions for brokers. The acquisition advances Moody’s Analytics (MA) CRE platform, substantially enhancing its coverage of property-level data and expanding its range of analytical solutions to the broker market. “Catylist offers deep insights into CRE markets through its impressive scope and coverage, intuitive user interface, and innovative research services for brokers,” said Stephen Tulenko, President of Moody’s Analytics. “The acquisition of Catylist complements Moody’s analytical capabilities and augments our growing sui