Transaction

S&P Global Acquires Majority Stake in Agusto & Company Limited

Announced

28 July 2026

Target

Agusto & Co Limited

Value

Undisclosed

Asset class

Private Equity

Type

Investment

Instrument

Ordinary Shares (Equity)

Lead investors

S&P Global

Investors

S&P Global

Sector

Manufacturing and industrials / Research & Consulting Services, Credit Infrastructure

Markets

Ghana, Nigeria, Kenya

About the target

Agusto & Co Limited (Agusto & Co.) is a Nigeria-based credit rating agency and industry research organisation. Founded in 1992 and headquartered in Lagos, Nigeria, the company was the first credit rating agency to be licensed by Nigeria's Securities and Exchange Commission (SEC) in 2001, and has since obtained credit rating licences from capital market authorities in Kenya, Rwanda, and Ghana. The company provides credit ratings across four core practice areas: Banks & Insurance, Corporate & Municipal, Fund & Investment Managers, and Non-Bank Financial Institutions. It also offers industry research publications, credit risk management software, customised research, and consulting services through its wholly owned subsidiary, Agusto Consulting Limited. Agusto & Co. operates across Nigeria, Kenya, Rwanda, and Ghana, and has assigned over 3,000 ratings to date.