Investment Summary

Cornerstone Holdings Exits CreditSights

On January 14, 2021, Fitch Group invested in information services company CreditSights from Cornerstone Holdings

Investment Highlights
  • This is Fitch Group’s 2nd transaction in the Information Services sector.
  • This is Fitch Group’s 2nd transaction in the United States.
  • This is Fitch Group’s 2nd transaction in New York.

Investment Summary

Date 2021-01-14
Target CreditSights
Sector Information Services
Investor(s) Fitch Group
Sellers(s) Cornerstone Holdings
Deal Type Add-on Acquisition

Target

CreditSights

New York, New York, United States
CreditSights is an independent research provider. The Company's mission is to provide value added input that helps clients make prudent and profitable investment and risk management decisions consistent with their risk profiles.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Fitch Group

New York, New York, United States

Category Company
Sector Information Services
DESCRIPTION

Fitch Group is a provider of financial information services. Fitch Group is comprised of: Fitch Ratings, a global provider of credit ratings and research; Fitch Solutions, a provider of credit market data, analytical tools and risk services; Fitch Learning, a provider of learning and development solutions for the global financial services industry; and Business Monitor International, a provider of country risk and industry analysis specializing in emerging and frontier markets.


DEAL STATS #
Overall 5 of 6
Sector: Information Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 6
State: New York M&A 2 of 3
Country: United States M&A 2 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-31 Fulcrum Financial Data

New York, New York, United States

Fulcrum Financial Data LLC is a provider of a financial technology and information services platform. The company is comprised of four unique, entrepreneurial companies that provide research, news and data analytics in the credit information space.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-13 dv01

New York, New York, United States

dv01 is a capital markets fintech company driving technological innovation and loan-level transparency in structured finance. As the world’s first end-to-end data management, reporting, and analytics platform for loan-level lending data, dv01 is bringing unparalleled transparency and intelligence to every loan for every stakeholder. dv01 was founded in 2014 and is based in New York City.

Buy -

Seller(S) 1

SELLER

Cornerstone Holdings

Denver, Colorado, United States

Investor Investor Investor Investor


Category Family Office
Size Small
Type Sector Agnostic
DESCRIPTION

Cornerstone Holdings is a family backed private investment firm focused on direct company investments as well as real estate opportunities. Within its direct investment practice, Cornerstone generally targets growth oriented companies with $2 to $40 million of sales and $1 to $5 million of EBITDA. The Firm's target investment size is $4 to $15 million. Cornerstone prefers prefers majority equity ownership positions or outright control when investing. Prospective transaction situation includes recapitalizations, LBOs, MBOs, and growth capital financings. Cornerstone Holdings is based in Denver, Colorado.


DEAL STATS #
Overall 8 of 8
Sector: Information Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
State: New York M&A 2 of 2
Country: United States M&A 8 of 8
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-04 Pegasus Tower Development Co.

Tazewell, Virginia, United States

Pegasus Tower Development Co. LLC is a wireless infrastructure management and development services company.

Sell -