Fitch Group, a global provider of financial information services owned by Hearst, has completed its acquisition of CreditSights Inc., a provider of independent credit research to the global financial community.
CreditSights will become part of Fitch Solutions, which is a provider of data, research and analytics. CreditSights will add its research on investment grade and high-yield debt securities to Fitch Solutions’ suite of services in multiple fixed income and credit asset classes and sectors.
Paul Taylor, president and CEO of Fitch Group, said, “We are delighted that CreditSights is now part of Fitch Group and excited by the opportunity this provides to create enhanced offerings for the benefit of both companies’ customers.”
Peter Petas, CEO of CreditSights, added, “I am excited for this next chapter for CreditSights. As part of Fitch Solutions, we will have opportunities to meet more of our clients’ needs and offer an expanded suite of solutions, all while continuing to deliver the core company, sector and market-relevant research as we have for the past 20 years.”