Merging Entities on the Ratings Tree

To merge entities on the Ratings Tree and move a company’s assets into another company’s infrastructure, such as during mergers and acquisitions.

Prerequisites

Before submitting the request, ensure the following:

• Asset Status: Indicate if assets are taken offline or have been moved to another company.
• Domain Redirection: Confirm that domain redirection is set up to the new company, or indicate if it is no longer reachable.

Instructions

1. Contact Bitsight Support and provide the following information:

• Entity Names: The names of the entities to be merged. (* Required)
• Proof of Acquisition: Proof of the acquisition, such as an annual report, official documents from the parent company, a press release.
• Reason for Merger: A brief explanation for the merger. (* Required)

2. Once the request is submitted, the Support team will review it and start the consolidation, if possible.
3. If the merger is successful, assets from both entities are combined into the acquiring company’s infrastructure. A historical refresh is implemented, which can result in changes on the company’s rating.