Crisil has announced the acquisition of McKinsey PriceMetrix Co., a leading provider of performance benchmarking and data-driven insights for the wealth management industry. This acquisition will expand Crisil’s benchmarking offerings and strengthen its position as a leading provider of analytics across financial services. The transaction is expected to be completed over the coming months, subject to customary closing conditions.
Acquisition Overview
Crisil is set to acquire McKinsey PriceMetrix Co., a company incorporated in Nova Scotia, Canada. The target provides software solutions for wealth management firms and their financial advisors. This acquisition, announced on September 24, 2025, aims to complement Crisil’s existing portfolio and expand its offerings in the wealth management sector.
Deal Details
The acquisition involves acquiring 100% of the equity share capital of McKinsey PriceMetrix Co. The consideration is USD 38,000,000 (United States Dollar Thirty Eight Million), subject to usual closing adjustments. This includes adjustments for cash, net working capital, and indebtedness. Crisil Irevna UK Limited will invest up to USD 38.5 million into Crisil Canada Inc. to enable the acquisition.
Strategic Rationale
This deal is in line with Crisil’s strategy to be a leading player in the growing market for global benchmarking analytics. PriceMetrix, founded in 2000, has revenue of INR 94.2 Crores in 2024, INR 89.9 Crores in 2023 and INR 81.5 Crores in 2022. They offer benchmarking, pricing intelligence and practice management solutions for wealth management firms.
Integration Plans
Post-acquisition, PriceMetrix will be integrated with Crisil Coalition Greenwich (CCG). This integration is expected to enhance insights and create significant value for clients globally.
Source: BSE
