M&A
confidence high
sentiment positive
materiality 0.85
MSCI acquires remaining 66% of Burgiss for $697M, expanding private assets
MSCI Inc.
- MSCI pays $697M cash for remaining 66% stake; aggregate investment of $913M since Jan 2020.
- Burgiss covers 13,000+ private asset funds with $15T in cumulative investments across 195 countries.
- Burgiss expected to generate over $90M revenue in 2023 with mid-teens EBITDA margin.
- Transaction expected to close in Q4 2023, subject to regulatory approvals.
- Burgiss will be reported under MSCI's All Other – Private Assets segment.