Msci Inc.
MSCIHIGH VELOCITYFILING INTENSITYMsci Inc. reads as an High Velocity (composite 70/100); Consistent Strategic Buyer deploying $755M across 5 disclosed transactions, running flat vs the prior cycle · primary market Financial Infrastructure.
Lens
Disclosed M&A capital (2023–2025)
$755M
vs $949M in 2020–2022
Disclosed transactions
5
2/3 active fiscal years in window
Buyer archetype
Consistent Strategic Buyer
Meaningful spend appears across repeat years.
Composite score
70
High Velocity dominates · Filing Intensity
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $3B disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 33d
- 13 acquisition-history signals
- 228 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- 11 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 11 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 11 activism filings
- Latest activism 10y ago; heavily discounted
Distress Watch
Issuers showing financial-distress filing patterns
- 11 activism filings
Restatement Risk
Issuers with accounting-integrity flags from filings
- 1 auditor change
- Latest event 12y ago; heavily discounted
Capital Velocity
DominantIssuers with the highest filing-activity intensity
- 228 8-Ks
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $48.8B
- 10-Q 35d ago
- 3 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $949M · Peak count: 3
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | N/A | N/A | N/A | N/A |
| 2024 | 3 | $28M | $9M | N/A |
| 2023 | 2 | $727M | $364M | N/A |
| 2022 | N/A | N/A | N/A | N/A |
| 2021 | 1 | $949M | $949M | N/A |
| 2020 | N/A | N/A | N/A | N/A |
Strategy posture.
The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.
Archetype mix
- Bolt On25%
- Technology Acquisition25%
- Platform25%
- Geographic Expansion25%
Strategy keywords
Terms recurring across recent 10-K acquisition disclosures.
- bolt_on
- technology_acquisition
- platform
- geographic_expansion
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“Transformation of clients’ operating models and business strategies, including an increased focus on factor and indexed investments, to address the changing competitive landscape characterized by an intense focus by investors on the drivers of risk and return, manager fee compression and industry consolidation;”
“We regularly evaluate and selectively pursue strategic partnerships with, and acquisitions of, providers of unique and differentiated data, content, products and technologies”
“We regularly evaluate and selectively pursue strategic relationships with, and acquisitions of, providers of unique and differentiated content, products and technologies”
“target acquisitions and strategic relationships that can be efficiently integrated into our existing operational structure and global sales network”
“Increasing outsourcing of non-core functions and vendor/supply chain consolidation; and”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Financial Infrastructure
- Market spend (2023–2025)
- $186.1B
- Market spend (2020–2022)
- $98.1B
- Recent vs prior
- +90%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
MSCI trades at a +7.1-turn premium to the Financial Infrastructure peer median of 17.4×.
- EV / Revenue
- 15.1×
- Net debt / EBITDA
- 3.0×
- Peer median EV / EBITDA
- 17.4×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
Fair Isaac CorpFICO | 25.4× | 13.1× | 2.9× | $2.3B | N/A |
Msci Inc.MSCI | 24.5× | 15.1× | 3.0× | $3.2B | $755M |
| 21.4× | 10.8× | 1.4× | $7.9B | $451M | |
S&P Global Inc.SPGI | 17.4× | 8.7× | 1.5× | $15.7B | $2.6B |
| 16.2× | 8.2× | 3.2× | $13.1B | $10.3B | |
| 10.1× | 3.9× | 1.2× | $2.4B | $372M |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Financial Infrastructure. Bars scaled to the highest EV/EBITDA in the set.
Target landscape.
Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.
No qualifying public-issuer targets surfaced from the current signal mix.
Stated target categories
No target categories enumerated in the audited corpus for this issuer.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)212026-02-06
- 10-Q (quarterly)562026-04-21
- 8-K (event)2282026-04-23
- Proxy / DEF 14A382026-03-11
- Activism (13D / DFAN / PREC)112016-03-08
Signals on file
- elevated
Auditor change
2014-03-141 Item 4.01 filing on file; certifying accountant change.
- elevated
Activism on file
2016-03-0811 activist filings on file (13D, DFAN14A, PREC14A series).
- info
Signal
Disclosed acquisition spend
- info
Signal
10-K strategy themes
- info
Signal
Restatement risk
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.