GlobalData plc expects to move to the main market of the London Stock Exchange before the end of the year following the collapse of takeover talks with two private equity firms.
The UK data giant initially announced a plan to move from the junior AIM market in February. However it was individually targeted by PE firms KKR and ICG this summer.
When those talks collapsed, it launched a £60m tender offer, citing the pausing of a £50m share buyback programme due to the takeover approaches.
Admission to the LSE main market is expected to occur before the end of this year, it notified the LSE this morning, but not earlier than 28th October 2025.
GlobalData Plc, led by Mike Danson (pictured), is a data, insights, and analytics platform serving the world’s largest industries.
This year it acquired Ai Palette, an AI-powered platform for predictive consumer insights and product innovation; and Stylus, which offers insights on consumer trends.
It also reported group revenue of £157m for the first half of the year, representing growth of approximately 12% year-on-year.
GlobalData is now focused on its three-year growth transformation plan, which is targeting annualised revenues of £500m by the end of 2026. In January it completed four acquisitions in a week after securing a £340m funding facility late last year.
The London-headquartered firm split into three divisions in June 2024 as it completed a £434m private equity deal which saw it hand over a minority 40% stake in its healthcare business to Inflexion.