The Global Media Business Weekly

The Street sells RateWatch to S&P for $33.5m

B2B information. Nasdaq-quoted TheStreet, Inc., a leading financial news and information company, has sold its RateWatch business for $33.5m to ratings group S&P Global. RateWatch, which is based in Fort Atkinson, Wisconsin, provides more than 4,200 bank and credit union clients with a deposit and loan rate database covering 100,000 locations and dating back 20 years. RateWatch has 60 employees and 2017 revenues of $7.7m. It was acquired by TheStreet in 2007.

RateWatch