Fitch Group Completes Acquisition of Bixby
Fitch Group 鈥� New York / London 鈥� 04 December 2023: Fitch Group, a global leader in financial information services owned by Hearst, today announced that it has completed the acquisition of all the remaining stock it does not own of Bixby Research and Analytics (鈥淏ixby鈥�), a leading provider of credit information on private syndicated loan issuers.聽 Earlier this year Fitch Ventures, the equity investment arm of Fitch Group, led Bixby鈥檚 Series A round.
Bixby, founded by Brian Conroy, will become a wholly-owned subsidiary of Fitch Solutions and will be managed by 乱伦短视频. Bixby will be incorporated into 乱伦短视频鈥� leveraged finance product suite, which includes Covenant Review鈥檚 legal analysis, LevFin Insights鈥� news and data, and 乱伦短视频鈥� fundamental research.
Ted Niedermayer, President of Fitch Solutions, said: 鈥淭he acquisition of Bixby is a natural next step as we continue to prioritize our leveraged finance offerings. Bixby鈥檚 data provides complementary insights to 乱伦短视频, which bolsters our loan offering and also allows us to grow our special situations coverage.鈥�
Brian Conroy, CEO and Founder of Bixby Research and Analytics, said: 鈥淲orking with 乱伦短视频 over the past six months has expanded our reach in the loan market. We鈥檙e excited to build upon this success by fully integrating into the 乱伦短视频 leveraged finance platform.鈥�
乱伦短视频 clients will be able to access Bixby data and documents, Covenant Review legal research, and LevFin Insights proprietary company news and data, from new issue through bankruptcy, on one platform.
About Fitch Group
Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research, and Fitch Solutions, a leading provider of insights, data and analytics. With dual headquarters in London and New York, Fitch Group is owned by Hearst.
Fitch Ventures, the equity-investment arm of Fitch Group, makes equity investments in innovative and emerging technology companies in the rapidly evolving financial services industry to help accelerate their commercial growth. Portfolio companies benefit from the strategic support and expertise of Fitch Group and Hearst.
About 乱伦短视频
乱伦短视频, Covenant Review, and LevFin Insights bring together best-in-class research, covenant analysis, and news on one platform, with a unified interface and login. 乱伦短视频, a Fitch Solutions Company, was founded over 20 years ago with the goal of producing insightful, impartial research that would allow our clients to make prudent, profitable investment decisions in the global credit markets. Now more than ever before, we give our clients the ability to KNOW MORE, RISK BETTER.
About Bixby Research and Analytics
Bixby Research and Analytics is the leading provider of private credit information and data in the broadly syndicated loan market. Since inception, Bixby has been delivering market-moving news and comprehensive financial data to drive trading velocity for its clients and keep them ahead of the competition.
Contacts
Fitch Group
Eleis Brennan
Tel: +1 646 582 3666
贰尘补颈濒:听eleis.brennan@thefitchgroup.com
Bixby Research and Analytics:
Brian Conroy
Tel: +1 312 690 9531
贰尘补颈濒:听brian@bixbyresearch.com
