UPDATE: Moody’s Buys Company Data Vendor BvD for €3 Billion
Bureau van Dijk’s platform will be integrated into Moody’s Analytics’ suite of risk management solutions.
Founded in 1991, BvD aggregates, standardizes and distributes private company datasets on more than 220 million companies.
Moody’s officials say the vendor expects to generate about $45 million in annual revenue and expense synergies by 2019 from the deal, rising to $80 million by 2021. For example, as part of an “operational efficiency” strategy following the deal, Moody’s will co-locate staff, eliminate overlapping data acquisition costs, and streamline product development.
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