MSCI Completes Acquisition of Burgiss

2023-10-03 01:40:29

MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services to the global investment community, today announced that it has completed the acquisition of The Burgiss Group, LLC (“Burgiss”), a market leader in offering data, analytics and technology solutions for private asset investors.

The acquisition was originally announced on August 14, 2023.

Henry Fernandez, President and CEO of MSCI, said: “We are excited to complete this acquisition. By making Burgiss part of our integrated franchise, MSCI will dramatically expand and strengthen our solutions across all customer segments. In the process, we will help promote greater transparency for investors in private assets.”

About MSCI Inc.

MSCI is a leader in providing critical decision support tools and services to the global investment community. With over 50 years of experience in research, data and technology, we can make better investment decisions by enabling clients to understand and analyze key aspects of risk and return and confidently craft more effective portfolios. We create industry-leading enhanced research solutions that clients use to gain insights and improve transparency throughout the investment process. To find out more, visit www.msci.com. MSCI#IR

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the planned integration of The Burgiss Group, LLC and prospects for the newly acquired company. These forward-looking statements relate to future events or future financial performance, involving known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “anticipate”, “potential” or “continue”, or the negative of these terms or other comparable terminology. You should not place undue reliance on forward-looking statements as they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the control of MSCI and which may materially affect actual results, levels of activity, performance or achievements. .

Other factors that may materially affect actual results, activity levels, performance or achievements can be found in MSCI’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the Securities and Exchange Commission ‘ (“SEC”) on February 10, 2023, and in quarterly reports on Form 10-Q and current reports on Form 8-K filed or furnished to the SEC. If any of these risks or uncertainties materialize, or if MSCI’s underlying assumptions prove incorrect, actual results may vary materially from what MSCI projected. Any forward-looking statement in this press release reflects MSCI’s current views regarding future events and is subject to these and other risks, uncertainties and assumptions regarding MSCI’s operations, results of operations, growth strategy and liquidity. MSCI undertakes no obligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new information, future events or otherwise, except as required by law.

The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.

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