Fitch Group today announced it has acquired Business Monitor International (BMI), an independent provider of country risk and industry analysis specializing in emerging and frontier markets. Financial terms of the transaction were not disclosed.
The addition of BMI strengthens and expands Fitch Group’s client offering in financial information services. Subscribers to BMI’s products include decision makers at multinationals, governments, academia, financial institutions, investment funds and research centers in more than 160 countries.
BMI will continue to operate independently as Business Monitor International, a Fitch Group Company. Mr. Londesborough and Mr. Feroze will continue to lead BMI, reporting to Mr. Taylor. BMI was previously owned by growth equity investor Spectrum Equity in partnership with BMI Founders and employees.
About: Business Monitor International (BMI) integrates country risk and industry analysis and forecasts on global, regional, and country level developments and trends across 200 countries and 24 industry verticals. Business Monitor Online, the company’s enterprise platform, enables clients to access daily analyses, time series and forecast data, reports and proprietary databases. BMI has approximately 300 employees and is based in London with additional offices in New York, Singapore, and Pretoria. For more information visit www.businessmonitor.com
Source: Investorpoint.com
