On the Record · Msci
Msci acquisitions, on the record
The businesses Msci 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 |
|---|---|---|---|
The Burgiss Group, LLC ("Burgiss")Word for word“On October 2, 2023, the Company acquired the remaining 66.4% interest in Burgiss for $696.8 million in cash.” 10-K for 2023 | acquisition | October 2, 2023 | $696.8 million in cash |
Trove Research Ltd ("Trove")Word for word“On November 1, 2023 MSCI completed the acquisition of Trove Research Ltd ("Trove"), a carbon markets intelligence provider for approximately $37.9 million in cash.” 10-K for 2023 | acquisition | November 1, 2023 | approximately $37.9 million in cash |
BurgissWord for word“On October 2, 2023, the Company acquired the remaining 66.4% interest in Burgiss for $696.8 million in cash.” 10-K for 2024 | acquisition | On October 2, 2023 | $696.8 million in cash |
Fabric RQ, Inc. ("Fabric")Word for word“On January 2, 2024, MSCI completed the acquisition of Fabric RQ, Inc. ("Fabric"), a wealth technology platform specializing in portfolio design, customization and analytics for wealth managers and advisors, for approximately $8.0 million in cash and contingent consideration that had an acquisition date fair value of $8.1 million that is payable based on future sales of Fabric's products.” 10-K for 2024 | acquisition | On January 2, 2024 | approximately $8.0 million in cash and contingent consideration that had an acquisition date fair value of $8.1 million |
Foxberry Ltd. ("Foxberry")Word for word“On April 16, 2024, MSCI completed the acquisition of Foxberry Ltd. ("Foxberry"), a front-office index technology platform for approximately $23.5 million in cash and contingent consideration that had an acquisition date fair value of $19.1 million that is payable based upon the achievement of metrics related to the operation of the platform.” 10-K for 2024 | acquisition | On April 16, 2024 | approximately $23.5 million in cash and contingent consideration that had an acquisition date fair value of $19.1 million |
The Burgiss Group, LLCWord for word“On October 2, 2023, the Company acquired the remaining 66.4 % interest in The Burgiss Group, LLC (“Burgiss”) for $ 696.8 million in cash.” 10-K for 2025 | acquisition | On October 2, 2023 | $ 696.8 million in cash |
Fabric RQ, Inc.Word for word“On January 2, 2024, MSCI completed the acquisition of Fabric RQ, Inc. (“Fabric”), a wealth technology platform specializing in portfolio design, customization and analytics for wealth managers and advisors.” 10-K for 2025 | acquisition | On January 2, 2024 | — |
Foxberry Ltd.Word for word“On April 16, 2024, MSCI completed the acquisition of Foxberry Ltd. (“Foxberry”), a front-office index technology platform.” 10-K for 2025 | acquisition | On April 16, 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $60,000 | $657,000 | — |
| 2018-12-31 | — | $83.8 million | — |
| 2019-12-31 | $18.2 million | — | — |
| 2020-12-31 | $0 | — | — |
| 2021-12-31 | $949 million | — | $670.9 million |
| 2022-12-31 | $0 | — | — |
| 2023-12-31 | $727.3 million | — | $653.3 million |
| 2024-12-31 | $27.5 million | — | $28.9 million |
| 2025-12-31 | $0 | — | $0 |
Deal filings since 2016
- 2026-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-01-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Msci’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 2026-02-06. 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.