business
MSCI to acquire climate risk data company First Street
Key takeaways
- MSCI will pay the upfront sum at closing, subject to customary adjustments, and could make further cash disbursements within the first two years if First Street hits certain revenue targets.
- The deal is scheduled for completion in the third quarter of 2026, pending regulatory clearance.
- Once integrated, First Street's capabilities – including multi-hazard modelling and property-level analytics – will be folded into MSCI's existing climate and geospatial tools.
MSCI to acquire climate risk data company First Street Following completion · Life Insurance International Shubhendu Vimal Thu, June 25, 2026 at 8:40 PM GMT+7 2 min read MSCI US-based MSCI has agreed to buy First Street, a climate risk analytics provider, for $120m in cash, with potential additional payments tied to revenue performance.
MSCI will pay the upfront sum at closing, subject to customary adjustments, and could make further cash disbursements within the first two years if First Street hits certain revenue targets.
The deal is scheduled for completion in the third quarter of 2026, pending regulatory clearance.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Investing.com
Z Squared to acquire majority stake in Paradox Data
Mind Body Green
This Diet Cuts Heart Disease Risk By Over 20%, Per 20 Years Of Data
Bloomberg Markets
Wall Street Sees AI Backlash as Rising Risk to Tech-Fueled Rally
Bloomberg Markets
Fannie, Freddie Boost Risk to Levels That Once Shook Wall Street
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop