Moody’s acquires RDC to expand its range of data solutions

2020-01-24 00:15

The RDC acquisition positions Moody's Analytics' Bureau van Dijk, a leading provider of business intelligence and company data, to expand its range of data solutions, creating a global leader in anti-money laundering and know your customer data and due diligence services.

"Joining the Moody's Analytics team is thrilling as it positions RDC to broaden our risk intelligence technology solutions as part of a leading provider of market and entity information and analytics to global financial institutions," said RDC CEO Tom Walsh.

"Joining BvD, under the Moody's Analytics umbrella, will help us to expand and extend our artificial intelligence leadership position. It also enables us to re-double our mission of preventing criminal infiltration of the world's financial system and bringing global transparency to areas of social responsibility such as human trafficking."

Moody's will be acquiring RDC from Vista Equity Partners, a leading investment firm focused on enterprise software, data and technology-enabled businesses.

UBS Investment Bank served as financial advisor and Kirkland & Ellis LLP served as legal advisor to RDC and Vista Equity Partners.

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