Datamonitor

Last updated
Datamonitor
Type Subsidiary
Industry Market Intelligence
Founded1989
Founder
  • Mike Danson
  • Doug Wilson
Headquarters,
Area served
Global
Parent Citeline
Website www.datamonitor.com

Datamonitor is an international company providing market intelligence, data analysis, and opinion via a worldwide network of in-house analysts. The company tracks Automotive, Consumer Markets, Energy & Utilities, Financial Services, Logistics & Express, Pharmaceutical & Healthcare, Retail, Technology, Sourcing and Telecommunications markets. Its website claims to have over 6,000 clients, which it helps make strategic and operational decisions. Datamonitor was acquired in 2007 by Informa for £513 million in cash. [1]

Contents

History

The company was founded in 1989 by Mike Danson and Doug Wilson, with its first report covering the UK Frozen Food Industry. The company then expanded its coverage to include a number of markets and industries, having secured further business intelligence companies. In 1995, it expanded into the U.S. market by opening an office in New York. In 1999, it opened an office in Frankfurt, Germany, and Hong Kong. [2] In November 2000 Datamonitor went public on the London Stock Exchange. [3] [4]

In 2007, Datamonitor was acquired by Informa (FTSE: INF) in 2007 for £513 million in cash, a surprisingly large amount considering it was "a multiple of more than seven times Datamonitor’s revenue". [5] In 2011, Informa closed down Datamonitor offices in Hyderabad, India, and Dubai,[ citation needed ] which had been opened in 2006 and 2007, respectively. [2] In February 2015, parent company Informa wrote down Datamonitor's value of by almost 40%, and Informa CEO Stephen Carter said that it was considering selling "some of the 'consumer forecasting' businesses that were part of the Datamonitor deal". [5]

On 27 July 2015 Progressive Digital Media, a business chaired by Datamonitor founder Mike Danson, announced that it had agreed to acquire Datamonitor Financial, Datamonitor Consumer, MarketLine and Verdict businesses from Informa for a combined cash price of £25m. [6] Datamonitor Healthcare and Datamonitor Energy remained businesses of Informa plc.

In 2022, Informa sold its Pharma Intelligence division, including Datamonitor Healthcare, to Warburg Pincus. [7] The business was renamed Citeline. Later in 2022, Citeline was acquired by Norstella. [8]

Acquired companies

Many of the acquired companies continue to have an independent brand presence within Datamonitor.

Related Research Articles

<span class="mw-page-title-main">GSK plc</span> British multinational pharmaceutical and biotechnology company

GSK plc is a British multinational pharmaceutical and biotechnology company with global headquarters in London. Established in 2000 by a merger of Glaxo Wellcome and SmithKline Beecham, GSK is the tenth largest pharmaceutical company and #294 on the 2022 Fortune Global 500, ranked behind other pharmaceutical companies China Resources, Sinopharm, Johnson & Johnson, Pfizer, Roche, AbbVie, Novartis, Bayer, and Merck Sharp & Dohme.

<span class="mw-page-title-main">Pearson plc</span> British multinational publishing and education company

Pearson plc is a British multinational publishing and education company headquartered in London, England.

<span class="mw-page-title-main">Warburg Pincus</span> New York private equity firm

Warburg Pincus LLC is a global private equity firm, headquartered in New York City, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. The firm currently has over $80 billion in assets under management and invests in a range of sectors including retail, industrial manufacturing, energy, financial services, health care, technology, media, and real estate. Warburg Pincus is a growth investor. Warburg Pincus has raised 21 private equity funds which have invested over $100 billion in over 1,000 companies in 40 countries.

The Economist Group is a media company headquartered in London, England. It is best known as publisher of The Economist newspaper and its sister lifestyle magazine, 1843. The Economist Group specialises in international business and world affairs information. Its principal activities are in print and digital media as well as in conferences and market intelligence.

<span class="mw-page-title-main">Banco Santander</span> Spanish multinational bank

Banco Santander, S.A., doing business as Santander Group, is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres as the 19th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by the Financial Stability Board.

<span class="mw-page-title-main">Ovum Ltd.</span> British market research company

Ovum, now part of Omdia, was an independent analyst and consultancy firm headquartered in London, specializing in global coverage of Telecommunications, Media and Technology.

<span class="mw-page-title-main">Perrigo</span> Irish tax-registered pharmaceutical

Perrigo Company plc is an American Irish–registered manufacturer of private label over-the-counter pharmaceuticals, and while 70% of Perrigo's net sales are from the U.S. healthcare system, Perrigo is legally headquartered in Ireland for tax purposes, which accounts for 0.60% of net sales. In 2013, Perrigo completed the sixth-largest US corporate tax inversion in history when it reregistered its tax status to Ireland to avoid U.S. corporate taxes. Perrigo maintains its corporate headquarters in Grand Rapids, Michigan, within Michigan State University's Grand Rapids Innovation Park.

IQVIA, formerly Quintiles and IMS Health, Inc., is an American Fortune 500 and S&P 500 multinational company serving the combined industries of health information technology and clinical research. IQVIA is a provider of biopharmaceutical development, professional consulting and commercial outsourcing services, focused primarily on Phase I-IV clinical trials and associated laboratory and analytical services, including strategy and management consulting services. It has a network of more than 88,000 employees in more than 100 countries and a market capitalization of US$49 billion as of August 2021. As of 2023, IQVIA was reported to be one of the world's largest contract research organizations (CRO).

Hikma Pharmaceuticals plc is a British multinational pharmaceutical company with headquarters in London, UK that manufactures non-branded generic and in-licensed pharmaceutical products. It was founded by Samih Darwazah in Amman, Jordan in 1978. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

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.

ICE Data Services was an American 1960s-founded Time-sharing services company that later became known for providing financial market data, analytics and related solutions to financial institutions, active traders and individual investors. The company's businesses supply real-time market data, time-sensitive pricing, evaluations and reference data for securities trading, including hard-to-value instruments. The company was acquired by and folded into Intercontinental Exchange in December 2015.

Fred Hassan, is a Pakistan-born American business executive who works for Warburg Pincus and was CEO of three global pharmaceutical companies.

GlobalData Plc is a data analytics and consulting company, headquartered in London, England. The company was established in 1999, and, under different names, has been listed on the London Stock Exchange's Alternative Investment Market (AIM) since 2000. It was previously called Progressive Digital Media and, before that, the TMN Group. GlobalData employs over 3000 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. Mike Danson, one of the founders of Datamonitor, is CEO.

Primal Pictures is a business established in 1991 that provides 3D graphic renderings of human anatomy, built using real scan data from the Visible Human Project, for use by healthcare students, educators, and medical professionals. It operates the Anatomy.tv online platform. In one study, Anatomy.tv was deemed the greatest value in undergraduate anatomy education "since it had highest scores for effectiveness as well as the lowest scores for cost."

A contract manufacturing organization (CMO), more recently referred to as a contract development and manufacturing organization (CDMO) to avoid the acronym confusion of Chief Medical Officer or Clinical Monitoring Organization in the pharma industry, is a company that serves other companies in the pharmaceutical industry on a contract basis to provide comprehensive services from drug development through drug manufacturing. This allows major pharmaceutical companies to outsource those aspects of the business, which can help with scalability or can allow the major company to focus on drug discovery and drug marketing instead.

Scrip Intelligence (Scrip) is an English language international pharmaceutical news, analysis and data service. First published as a weekly print newsletter in March 1972, Scrip included articles on side-effects, regulatory changes and mergers and acquisitions.

<span class="mw-page-title-main">Emma Walmsley</span> British businesswoman

Dame Emma Natasha Walmsley is the chief executive officer (CEO) of GlaxoSmithKline. She succeeded Sir Andrew Witty, who retired in March 2017. Before GSK, she worked for L'Oréal for 17 years, and was a non-executive director of Diageo until September 2016. She grew up in Barrow-in-Furness, Cumbria, England.

<span class="mw-page-title-main">Clermont Group</span> Singapore-based conglomerate

The Clermont Group is a Singapore-based conglomerate that includes both operational businesses and financial investments. Headed by founder and chairman, Richard Chandler, Clermont was established in 2006 following the demerger of the investment portfolio Chandler held with his brother, Christopher, which had operated as Sovereign Global since 1986.

ICON plc is an Irish headquartered Nasdaq listed multinational healthcare intelligence and clinical research organisation that provides consulting, clinical development and commercialisation services for the pharmaceutical industry. As of June 2023, ICON had approximately 41,160 employees in 108 locations spread across 53 countries.

Industry Dive is an online business-to-business news organization, with an estimated 13 million readers across more than 25 industries, including banking and waste management. Since 2022, it has been owned by Informa plc, which bought its majority stake from Falfurrias Capital Partners for about $530 million.

References

  1. Carlos Grande; Andrew Edgecliffe-Johnson (May 14, 2007). "Datamonitor accepts £513m bid". Financial Times.
  2. 1 2 "Our History". Datamonitor. Archived from the original on 17 February 2015. Retrieved 14 February 2015.
  3. Joanne Wallen (February 26, 2001). "Energetic year for Datamonitor". Citywire Money.
  4. "Datamonitor PLC – Final Results". FE Investegate. 26 February 2001.
  5. 1 2 Cookson, Robert (February 12, 2015). "Informa writes down value of Datamonitor by almost 40%". Financial Times.
  6. "Progressive Digital Media to buy some assets from Informa". Reuters. 27 July 2015.
  7. "Informa sells Pharma Intelligence to Warburg Pincus for £1.9B".
  8. "Citeline and Norstella Unite to Offer Life Sciences Clients a Full Suite of Commercial and Clinical Solutions" . Retrieved 26 March 2023.
  9. Shah, Saeed, "Retailing guru nets £4.7m from sale of Verdict", The Independent, 19 May 2005
  10. Wilson, James, "Ovum is bought for £42m to strengthen technology", Financial Times, 21 October 2006
  11. "Datamonitor acquires Brown-Wilson Group", Entrepreneur.com, May 2009
  12. "Datamonitor Group Acquires Research Organization Pack-Track". Package Design Magazine, 5 May 2010