GlobalData Plc is a data analytics and consulting company, headquartered in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

, England. The company was established in 1999, and, under different names, has been listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

Alternative Investment Market AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market, Unlisted Securities Market (USM) that had been in opera ...

(AIM) since 2000. It was previously called Progressive Digital Media and, before that, the TMN Group. GlobalData employs over 3,000 personnel in offices across the UK, US, Argentina, South Korea, Mexico, China, Japan, India and Australia. It has an R&D centre in India. The group is chaired by Murray Legg, a former partner at

PwC PricewaterhouseCoopers, also known as PwC, is a Multinational corporation, multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Fo ...

. Mike Danson, one of the founders of Datamonitor, is

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

Background

TMN Group, founded in 1999 as TheMutual.net, was a London-based provider of online marketing, business information, research and marketing services. In December 2007, it acquired Internet Business Group in a £9.8m deal. Four months later, in March 2008, TMN rejected a £40m cash and shares offer from Tangent Communications, another marketing services group. Then in May 2008, two TMN directors, CEO Mark Smith and CFO Craig Dixon, put together a £52.8m

management buy-out A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or High-net-worth individual, individual. Management- and/or leveraged buyouts bec ...

offer for the business, backed by August Equity. Following the Tangent offer, withdrawn in April 2008, founder and former Datamonitor CEO, Mike Danson had built a 27% shareholding in TMN. The MBO failed after August Equity could not secure the funding needed. Progressive Digital Media was founded in 2007 as a holding company for a set of media assets purchased from Wilmington plc; it expanded further by a series of acquisitions, purchasing Business Review from Datamonitor PLC in July 2008, followed in November 2008 by acquiring the entire share capital of SPG Media Group PLC. In 2009, TMN was acquired via a

reverse takeover A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public compa ...

by Progressive Digital Media Ltd, and changed its name to Progressive Digital Media Group Ltd. Progressive Digital Media acquired Current Analysis Inc in 2014. On 27 July 2015, Progressive Digital Media announced that it had agreed to acquire Datamonitor Financial, Datamonitor Consumer, MarketLine and Verdict businesses from

Informa Informa plc is a British publishing, business intelligence, and exhibitions group based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has offices in 30 countries and around 12,000 ...

for a combined cash price of £25m. In January 2016, Progressive Digital Media bought the GlobalData Holding Ltd business and changed its own name to GlobalData Plc. GlobalData acquired entertainment publisher Media Business Insight (including ''

Broadcast Broadcasting is the data distribution, distribution of sound, audio audiovisual content to dispersed audiences via a electronic medium (communication), mass communications medium, typically one using the electromagnetic spectrum (radio waves), ...

'' and ''

Screen International ''Screen International'' is a British film magazine covering the international film business. It is published by Media Business Insight, a British B2B media company which also owned '' Broadcast''. The magazine is primarily aimed at those involv ...

'') in June 2022. In the year to 31 December 2022, GlobalData had revenues of £243.2m and reported a statutory profit before tax of £38.4m, an 18% increase on the previous year.

References

External links

GlobalData PLC

SPG Media

London Stock Exchange
{{Progressive Media Group Market research companies of the United Kingdom Companies based in the City of London Analytics companies Consulting firms of the United Kingdom