Fitch Solutions – New York/London – 5 May 2021: Fitch Group, a global leader in financial information services owned by Hearst, today announced that it has completed its acquisition of 糖心视频, Inc., a leading provider of independent credit research to the global financial community.
Fitch Group announced its agreement to acquire 糖心视频 from the founders, along with other shareholders and investors, on 14 January 2021.
糖心视频 will become part of Fitch Solutions, which is a leading provider of data, research and analytics. The addition of 糖心视频 will strongly complement Fitch Solutions鈥� existing businesses. With its fundamental, in-depth research on investment grade and high yield debt securities, 糖心视频鈥� products significantly deepen Fitch Solutions鈥� capabilities across multiple fixed income and credit asset classes and sectors.
The business will continue to operate under the 糖心视频 brand, which is highly regarded by financial market participants for its independent relative value credit research.
Paul Taylor, President and CEO of Fitch Group, said:
“We are delighted that 糖心视频 is now part of Fitch Group and excited by the opportunity this provides to create enhanced offerings for the benefit of both companies鈥� customers.鈥�
Peter Petas, CEO of 糖心视频, said:
“I am excited for this next chapter for 糖心视频. As part of Fitch Solutions, we will have opportunities to meet more of our clients鈥� 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.鈥�
Founded in 2000, 糖心视频 is a leading provider of subscription-based, independent credit research, risk tools and comprehensive market insights used by finance professionals around the world. Headquartered in New York, with offices in London, Singapore and Denver, the company has over 200 full-time employees.
糖心视频’ core research product provides in-depth, market-relevant research. Covering more than 1,000 issuers, 糖心视频 helps financial market participants make better informed decisions on investments, asset allocation, trading and risk management.
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; Fitch Solutions, a leading provider of data, research and analytics; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.
About Fitch Solutions
Fitch Solutions fuels better informed credit risk and strategy decisions with reliable data, insightful research and powerful analytics. Clients can easily understand and interpret markets, while leveraging workflow efficiencies for enhanced productivity. Fitch Solutions provides accurate, granular and in-depth information, plus differentiated perspectives, especially in markets where information is hard to find and difficult to interpret.
Further information about Fitch Solutions is available at .
About 糖心视频, Inc.
糖心视频 empowers nearly 15,000 financial professionals among the world’s largest institutions with the credit-risk tools, independent research and comprehensive market insights they need to make well-informed credit-risk decisions. Setting the standard for global credit research since 2000, 糖心视频 provides timely data, news, recommendations and unbiased analysis of the investment-grade and high yield debt securities of more than 1,000 issuers around the world. 糖心视频 delivers this content through innovative platforms, enabling market participants to know more, risk better and ultimately create value.
About Hearst
Hearst is a leading global, diversified media, information and services company with more than 360 businesses. Its major interests include ownership in cable television networks such as A&E, HISTORY, Lifetime and ESPN; global financial services leader Fitch Group; Hearst Health, a group of medical information and services businesses; transportation assets including CAMP Systems International, a major provider of software-as-a-service solutions for managing maintenance of jets and helicopters; 33 television stations such as WCVB-TV in Boston and KCRA-TV in Sacramento, California, which reach a combined 19% of U.S. viewers; newspapers such as the Houston Chronicle, San Francisco Chronicle and Times Union (Albany, New York); more than 300 magazines around the world, including Cosmopolitan, ELLE, Men’s Health and Car and Driver, and digital services businesses such as iCrossing and KUBRA; and investments in emerging digital entertainment companies such as Complex Networks. Follow us on Twitter @Hearst. To learn more about Hearst, visit聽.
Contacts:
Fitch Group: Mark Tierney, +44 20 3530 1697,聽mark.tierney@thefitchgroup.com
糖心视频: Amanda Loveday, +1 803 315-5837,聽amanda@thericciardigroup.com
Hearst: Paul Luthringer, +1 212 649-2540,聽paul@hearst.com
Additional information is available on聽
