GlobalData PLC Acquisition of Celent
17 Décembre 2024 - 8:00AM
RNS Regulatory News
RNS Number : 2994Q
GlobalData PLC
17 December 2024
17
December 2024
GlobalData
Plc
Acquisition
Update
Bolt-on Acquisition of
Celent
GlobalData Plc ('GlobalData' or the
'Group'), a leading data, analytics, and insights
platform, today announces further progress in its M&A
strategy.
Deployment of capital continues at
pace following our deal with Inflexion to support growth through a
bolt-on M&A strategy. We are driving confidently towards our
target of £500m annual revenue by the end of the three-year growth
plan.
Today, the Group announces it has
signed an agreement to acquire Celent, a leading research and
advisory firm, which is currently, part of Marsh McLennan's Oliver
Wyman Group. Completion, which is subject to
certain closing conditions, is expected to occur on 31 December
2024 and will be funded from the Group's existing cash
resources.
For over 20 years, Celent has helped
Technology and Strategy leaders in the Financial Services Market
make faster and more informed decisions around their technology
strategies allowing them to execute at scale. This acquisition will
bring our collective expertise and talent together to create even
more value for our existing customers as well as new opportunities
to serve new customers.
Mike Danson, CEO of GlobalData PLC, commented:
"The acquisition of Celent represents a further
complimentary acquisition, which is aligned closely to our bolt-on
philosophy. I would like to take this opportunity to welcome our
new group of highly talented colleagues and their valued customers
to the Group and wish them every success for the future
with GlobalData".
ENQUIRIES
GlobalData Plc
|
|
Mike Danson, Chief Executive
Officer
|
0207 936 6400
|
Graham Lilley, Chief Financial
Officer
|
|
|
|
J.P. Morgan Cazenove (Nomad, Joint Broker)
|
0203 493 8000
|
Bill Hutchings
|
|
Mose Adigun
|
|
|
|
Panmure Liberum (Joint Broker)
|
0203 100 2000
|
Rupert Dearden
|
|
Dougie McLeod
|
|
|
|
Investec Bank plc (Joint Broker)
Henry Reast
Virginia Bull
|
0207 597 5970
|
|
|
FTI
Consulting (Financial PR)
|
0203 727 1000
|
Edward Bridges
|
globaldata@fticonsulting.com
|
Dwight Burden
|
|
Emma Hall
|
|
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
ACQDQLFFZLLXFBZ
Globaldata (LSE:DATA)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Globaldata (LSE:DATA)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024