Focus Financial Partners Inc. Assigned 'BB-' Rating; Outlook Stable - S&P Global Ratings’ Credit Research

Focus Financial Partners Inc. Assigned 'BB-' Rating; Outlook Stable

Focus Financial Partners Inc. Assigned 'BB-' Rating; Outlook Stable - S&P Global Ratings’ Credit Research
Focus Financial Partners Inc. Assigned 'BB-' Rating; Outlook Stable
Published Feb 25, 2021
3 pages (1480 words) — Published Feb 25, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Focus Financial Partners Inc., the parent of Focus Financial Partners LLC, was established after the company completed its IPO. We are assigning our 'BB-' issuer credit rating to Focus Financial Partners Inc. Our rating on the company's first-lien facility, issued by Focus Financial Partners LLC, remains at 'BB-'. The stable outlook reflects our expectation that the company will operate with leverage, as calculated by S&P Global Ratings, between 4x and 5x during the next 12 months and post a double-digit percent increase in revenues as a result of acquisitions completed 2020 and continued growth of the Focus partnership. NEW YORK (S&P Global Ratings) Feb. 25, 2021--S&P Global Ratings said today it assigned its 'BB-' issuer credit rating to Focus Financial

  
Brief Excerpt:

...February 25, 2021 - Focus Financial Partners Inc., the parent of Focus Financial Partners LLC, was established after the company completed its IPO. - We are assigning our '##-' issuer credit rating to Focus Financial Partners Inc. Our rating on the company's first-lien facility, issued by Focus Financial Partners LLC, remains at '##-'. - The stable outlook reflects our expectation that the company will operate with leverage, as calculated by S&P Global Ratings, between 4x and 5x during the next 12 months and post a double-digit percent increase in revenues as a result of acquisitions completed 2020 and continued growth of the Focus partnership. NEW YORK (S&P Global Ratings) Feb. 25, 2021--S&P Global Ratings said today it assigned its '##-' issuer credit rating to Focus Financial Partners Inc. The outlook is stable. Our issue rating on the first-lien term loan and revolving credit facility issued by Focus Financial Partners LLC, a subsidiary of Focus Financial Partners Inc., remains '##-'....

  
Report Type:

Ratings Action

Issuer
Focus Financial Partners Inc.
Sector
Global Issuers
Country
Region
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Focus Financial Partners Inc. Assigned 'BB-' Rating; Outlook Stable" Feb 25, 2021. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Focus-Financial-Partners-Inc-Assigned-BB-Rating-Outlook-Stable-2602100>
  
APA:
S&P Global Ratings’ Credit Research. (). Focus Financial Partners Inc. Assigned 'BB-' Rating; Outlook Stable Feb 25, 2021. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Focus-Financial-Partners-Inc-Assigned-BB-Rating-Outlook-Stable-2602100>
  
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