Crisil to Acquire McKinsey PriceMetrix Co. for USD 38 Million: Expanding its Benchmarking Offerings in Wealth Management

Crisil Limited, an S&P Global Company, has announced the acquisition of McKinsey PriceMetrix Co., a leading provider of performance benchmarking and data-driven insights for the wealth management industry. The acquisition, valued at USD 38 Million, will expand Crisil's existing set of offerings and strengthen its position as a leading provider of benchmarking and analytics across financial services. PriceMetrix, based in Toronto, serves leading wealth management firms in the U.S. and Canada, and its proprietary database covers $8 trillion in assets under management and 30 million investment accounts. Post-transaction, PriceMetrix will be part of Crisil Coalition Greenwich.