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MSCI to Acquire Real Capital Analytics for $950M
MSCI Inc. said Monday it had entered into a definitive agreement to acquire Real Capital Analytics (RCA) for $950 million in cash. Founded in 2000, RCA provides transaction data and market intelligence in more than 170 countries. Both companies are headquartered in New York City.
The acquisition will expand MSCI’s suite of real estate solutions and leverage RCA’s database of more than $20 trillion of commercial property transactions linked to more than 200,000 investor and lender profiles, MSCI said.
Robert M White, Jr., RCA’s founder and president, said, “MSCI is a natural home for Real Capital Analytics since our primary goal has always been to bridge the information gap between commercial real estate and other asset classes across the financial markets. The combination of the two firms creates a powerful team that will lead innovation and analytics in the real estate asset class well into the future.”
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