GlobalData Secures £340 Million Facilities for M&A Growth
Deal News | Jan 29, 2025 | Travers Smith
GlobalData Plc has secured £340 million in new debt facilities, with £176.6 million allocated for its healthcare division and £163.4 million for other operations. This financial boost is a key component of GlobalData's Growth Transformation Plan, specifically aiding in its M&A strategy. Legal advisory firm Travers Smith guided this process, with Finance Partner Will Sheridan, Senior Consultant, and their team playing lead roles. This financial development is a strategic move to enhance GlobalData's ability to drive its growth through mergers and acquisitions.
Sectors
- Corporate Finance
- Healthcare
- Mergers and Acquisitions
Geography
- United Kingdom – GlobalData Plc is a UK-based company, and Travers Smith, the advising law firm, is headquartered in London, UK.
Industry
- Corporate Finance – The article discusses GlobalData securing new debt facilities as part of its financial strategy, which lies squarely within the corporate finance sector.
- Healthcare – A significant portion of the debt facilities is earmarked for GlobalData's healthcare division, indicating its relevance to the healthcare industry.
- Mergers and Acquisitions – The article highlights the use of debt facilities to bolster GlobalData's M&A activities, relevant to the M&A sector.
Financials
- £340 million – Total amount of new debt facilities secured by GlobalData.
- £176.6 million – Portion of the debt facilities allocated for GlobalData's healthcare division.
- £163.4 million – Portion of the debt facilities allocated for the rest of GlobalData's operations.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GlobalData Plc | Target Company | Company | A data analytics and consulting company specializing in industry analysis and forecasts. |
| Travers Smith | Legal Advisor | Company | A UK-based law firm providing legal advice for the debt facilities secured by GlobalData. |
| Will Sheridan | Finance Partner | Person | Led the Travers Smith team advising GlobalData on the debt facilities. |
| Jody Coleman | Senior Associate | Person | Supported the advisory team at Travers Smith. |
| Jagoda Kochan | Associate | Person | Part of the advisory team at Travers Smith. |
| Amy Taggart | Associate | Person | Part of the advisory team at Travers Smith. |