Radius Global Market Research Acquires Illuminas North America
Deal News | Jan 07, 2025 | PR Newswire Cision Radius Global Market Research
Radius Global Market Research, a prominent global insights and strategy firm, has successfully acquired Illuminas North America, a reputable research consultancy specializing in technology and financial services insights. With this acquisition, Radius aims to bolster its strategic capabilities in both B2B and consumer markets by integrating Illuminas's expertise in data science and customer-focused methodologies. The union aims at providing enhanced actionable insights to global clients, particularly in industries where technology and innovation are integral. Radius's acquisition of Illuminas North America follows its recent acquisitions of 7th Sense and Strive Insight, signaling an ambitious growth trajectory and expansion of their global footprint. Radius is strategically positioning itself to offer comprehensive insights across various industries, further solidifying its market presence. The financial details of the acquisition were not disclosed.
Sectors
- Market Research
- Technology
- Financial Services
Geography
- United States – Both Radius Global Market Research and Illuminas North America are based in the U.S., with offices in New York, Austin, and Virginia, highlighting the geographic focus of their operations and services.
Industry
- Market Research – Radius Global Market Research and Illuminas North America are both players in the market research industry, providing strategic insights and data analysis services.
- Technology – Illuminas North America has a strong focus on technology sector research, making this industry relevant to the acquisition and the combined expertise offered.
- Financial Services – Illuminas also specializes in research within the financial services sector, which is a key component of the acquisition's value proposition.
Financials
- Undisclosed – The financial details of the acquisition between Radius Global Market Research and Illuminas North America were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Radius Global Market Research | Acquiring Company | Company | A leading global insights and strategy firm headquartered in New York City, specializing in market research across various industries. |
| Illuminas North America | Target Company | Company | A multidisciplinary research consultancy based in Austin, Texas, known for providing insights within technology and financial services sectors. |
| Chip Lister | Managing Director of Radius Global Market Research | Person | Official spokesperson from Radius, commenting on the strategic fit and benefits of the acquisition. |
| Jay Shutter | Principal and CEO of Illuminas | Person | Representative from Illuminas, discussing the potential impacts and benefits of combining forces with Radius. |