Fitch Group Enters Into Agreement to Acquire Trepp [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
definitive agreement to acquire Trepp, a premier provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking sectors. Rothermere Continuation Holdings Limited (RCHL), parent company of DMGT, has agreed to sell Trepp, which will become a wholly-owned subsidiary of Fitch Solutions, a leading provider of insights, data, and analytics. Founded in 1979, Trepp provides primary and secondary market participants with solutions and analytics for operational efficiency, information transparency, and investment performance. Trepp serves clients across structured finance, CRE, and banking with products and services to support trading, research, risk management, surveillance, and portfolio management. Rachel Lojko, President of Fitch Solutions, comments, "The acquisition of Trepp is a cornerstone of our growth strategy as we continue to evolve for our clients. Technology is at an inflection point, and this acquisition signifies how we're
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