MSCI Inc., a provider of critical decision support tools and services to the global investment community, has entered into an agreement to acquire Real Capital Analytics (RCA) for $ 950 million in cash.
Real Capital Analytics, founded in 2000, is a privately held company and provider of data and analytics on the properties, transactions and participants that drive commercial real estate capital markets around the world.
The company has built an impeccable reputation in the commercial real estate industry for efficiently collecting timely and reliable transaction data and providing valuable insight into market prices, capital flows and investment trends in over 170 countries.
The acquisition will expand MSCI’s portfolio of real estate solutions by providing the real estate industry with data, analytics and support tools to manage investments and understand performance and risk metrics, including climate risks, in their portfolios.
MSCI will leverage Real Capital Analytics’ database of over $ 20 trillion in commercial real estate transactions associated with more than 200,000 investor and lender profiles, expanding MSCI’s commercial real estate capabilities.
Henry Fernandez, Chairman and CEO of MSCI, said: “The commercial real estate sector is undergoing significant transformations driven by several factors, including changes in consumer behavior at work, lifestyle and travel, accelerated by the pandemic, restructuring in global supply chains and the impact of climate change. …
“The combined power of MSCI’s existing data, analytics and tools, and the addition of Real Capital Analytics’ rich data and analytics for commercial real estate, creates an unprecedented level of real estate solutions.”
Robert White Jr., Founder and President of Real Capital Analytics, commented, “MSCI is the natural home for Real Capital Analytics as our primary goal has always been to bridge the information gap between commercial real estate and other asset classes in the financial arena. markets.
“The combination of the two firms creates a strong team that will drive innovation and analytics in the real estate asset class in the future.”
The acquisition is based on MSCI’s partnership with Burgiss, a provider of data, analytics and technology solutions for private equity investors.
The deal is expected to be funded with available cash and close at the end of the third quarter or early fourth quarter of 2021.
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