|
GlobalData PLC on Tuesday said its Healthcare division has completed its acquisition of Deallus Consulting Ltd, a competitive intelligence solutions provider focused on the life sciences sector. The London-based analytics and consultancy firm said it funded the takeover through its new £340 million debt facility, announced on December 19, though the sum of the transaction on Tuesday was not disclosed. The facility included a £176.6 million facility for its Healthcare business, of which £61.8 million was allocated to an acquisition credit facility, and the remaining £114.8 million to a revolving credit facility. The separate £163.4 million facility for the rest of the group comprised of a £44.2 million acquisition facility and a £119.2 million revolving facility. Deallus was the fourth acquisition made by GlobalData during the second half of its financial year, in addition to Business Trade Media International, LinkUp and Celent, as part of its ongoing growth transformation plan. Chief Executive Officer Mike Danson said: ‘This acquisition further enhances our capabilities in delivering life sciences solutions, allowing us to deliver even more comprehensive insights and services to our clients. Deallus’s deep sector expertise and client-first mindset perfectly align with our mission to empower decision-makers in navigating the complexities of the healthcare landscape. Together, we are poised to drive remarkable growth and deliver exceptional value to our stakeholders.’ GlobalData is due to issue an update on its trading and full-year results on January 14. Shares in GlobalData were up 0.7% at 203.50 pence each in London on Tuesday morning. Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
