Simpson Thacher is representing Moody’s Corporation (“Moody’s”) in connection with its announced acquisition of CSI Global Education Inc. (“CSI”) from current stockholders, including affiliates of Onex Corporation, in a transaction valued at approximately $151.4 million.
CSI is a leading provider of financial learning, credentials and certification in Canada, providing courses in finance, securities, mutual funds, financial derivatives and wealth management. CSI is also the exclusive provider of the required course for qualification as a licensed securities dealer in Canada.
Moody’s is the parent company of Moody’s Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody’s Analytics, which offers software, advisory services and research for credit and economic analysis and financial risk management.
The Simpson Thacher team includes: Gary Horowitz, Patrick Dowd, Matt Rogers, Kate Renaud and Louis Pastor (M&A); Lori Lesser and Mindy Lok (Intellectual Property); and Nancy Mehlman and Seojung Park (Tax).