On the Record · Moodys
Moodys acquisitions, on the record
The businesses Moodys bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
kompany 360kompany AGWord for word“kompany 360kompany AG; a platform for business verification and Know Your Customer (KYC) technology solutions acquired by the Company in February 2022” 10-K for 2023 | acquisition | February 2022 | — |
RMSWord for word“RMS A global provider of climate and natural disaster risk modeling and analytics; acquired by the Company in September 2021” 10-K for 2023 | acquisition | September 2021 | — |
KMV LLC and KMV Corporation (KMV)Word for word“KMV LLC and KMV Corporation (“KMV”); a provider of market-based quantitative services for banks and investors in credit-sensitive assets acquired by Moody's in April 2002” 10-K for 2023 | acquisition | April 2002 | — |
MAKS (Moody's Analytics Knowledge Services; formerly Copal Amba)Word for word“MAKS Moody’s Analytics Knowledge Services; formerly known as Copal Amba; provided offshore research and analytic services to the global financial and corporate sectors; business was divested in the fourth quarter of 2019 and a reporting unit within the MA reportable segment” 10-K for 2023 | divestiture | fourth quarter of 2019 | — |
GCR (Global Credit Rating Company Limited and subsidiaries)Word for word“the Company acquired a controlling financial interest in GCR in July 2024; the Company previously accounted for GCR as an equity method investment” 10-K for 2024 | acquisition | July 2024 | — |
PraedicatWord for word“the Company acquired a controlling financial interest in Praedicat in September 2024; the Company previously accounted for Praedicat as an equity method investment” 10-K for 2024 | acquisition | September 2024 | — |
NumeratedWord for word“the Company acquired Numerated in November 2024” 10-K for 2024 | acquisition | November 2024 | — |
ICR ChileWord for word“In the past year, we have enhanced our footprint in domestic markets by expanding in Latin American markets through Moody's Local domestic rating business, including the acquisition of ICR Chile.” 10-K for 2025 | acquisition | — | — |
CAPE AnalyticsWord for word“– recurring revenue growth of 16% in Insurance was attributable to: – continued demand resulting in new sales for subscription-based revenue for catastrophe modeling tools; and – revenue from Praedicat and CAPE Analytics, which the Company acquired in the third quarter of 2024 and first quarter of 2025, respectively – Organic constant currency revenue (1) and organic constant currency recurring revenue (1) growth was 8% and 9%, respectively – ARR (2) grew 7%, reflecting the aforementioned continued demand for subscription-based catastrophe modeling tools – KYC revenue grew 19% – recurring revenue growth of 21% in KYC reflects strong demand and customer retention for KYC and compliance solutions, driven by increased customer and supplier risk data usage – Organic constant currency revenue (1) and organic constant currency recurring revenue (1) growth for KYC was 17% and 18%, respectively – ARR (2) grew 15%, reflecting the aforementioned strong demand for KYC solutions, however trailed organic constant currency recurring revenue (1) growth mainly due to certain isolated customer attrition events in 2025 MOODY'S 2025 10-K 47 Table of Contents – Banking revenue grew 3% – recurring revenue growth of 9% within Banking reflected: – expansion of existing customer relationships into cloud-hosted subscription-based banking offerings, which enable customers' lending, risk management and finance workflows; and – revenue from Numerated, which the Company acquired in the fourth quarter of 2024; partially offset by: – a decline in transaction revenue of 18%, reflecting MA's continued strategic shift to cloud-hosted subscription-based solutions – Organic constant currency revenue (1) and organic constant currency recurring revenue (1) growth for Banking was 2% and 6%, respectively – ARR (2) grew 8% reflecting the aforementioned expansion of existing customer relationships into cloud-hosted subscription-based offerings.” 10-K for 2025 | acquisition | first quarter of 2025 | — |
MA Learning Solutions businessWord for word“Reflects the gain on divestiture of the MA Learning Solutions business.” 10-K for 2025 | divestiture | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $80.8 million | $1.5 million | — |
| 2017-12-31 | $3.51 billion | — | $2.62 billion |
| 2018-12-31 | $289 million | $5.7 million | $211 million |
| 2019-12-31 | $162 million | — | $114 million |
| 2020-12-31 | $897 million | — | $626 million |
| 2021-12-31 | $2.18 billion | — | $1.61 billion |
| 2022-12-31 | $97 million | — | $92 million |
| 2023-12-31 | $3 million | — | — |
| 2024-12-31 | $221 million | — | — |
| 2025-12-31 | $227 million | — | $143 million |
Deal filings since 2016
- 2024-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-26 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-08-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-06-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Moodys’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.