Transaction · Capital Markets Tech · 2021

FactSet / CUSIP 2022

FactSet acquired CUSIP Global Services for $1.9B on December 13, 2021.

Target
CUSIP Global Services
Acquirer
FactSet
Deal value
$1.9B
Deal type
Cash
Announced
December 13, 2021
Sub-sector
Capital Markets Tech

Transaction overview

  • FactSet announced the acquisition of CUSIP Global Services on December 13, 2021 for $1.9B.
  • The transaction is structured as Cash.
  • The deal closed on March 1, 2022.

Strategic rationale

FactSet buys financial instrument identification business from S&P Global to own the standard reference data layer underpinning North American securities.

Deal terms & multiples

Deal value
$1.9B
Target revenue
$175M
Target EBITDA
Not disclosed
EV / Revenue
11.0x
EV / EBITDA
Not disclosed
Announcement
December 13, 2021
Close date
March 1, 2022
Acquirer
FactSet (Strategic)
Target HQ
United States
Deal type
Cash
Acquirer ticker
NYSE: FDS

Frequently asked questions

How much did FactSet pay for CUSIP Global Services?

FactSet acquired CUSIP Global Services for $1.9B, announced on December 13, 2021.

When did FactSet announce the acquisition of CUSIP Global Services?

FactSet announced the acquisition of CUSIP Global Services on December 13, 2021.

What sub-sector is CUSIP Global Services in?

CUSIP Global Services is tracked in the Capital Markets Tech sub-sector.

Where is CUSIP Global Services headquartered?

CUSIP Global Services is headquartered in United States.

Sources

  • globenewswire.com /news-release/2021/12/27/2358040/7768/en/FactSet-to-Acquire-CUSIP-Global-Services-for-1-925-Billion.html