Inflexion Private Equity Partners LLP agreed to acquire 40% stake in Healthcare division of GlobalData Plc from GlobalData Plc (AIM:DATA) for £434 million on December 21, 2023. The consideration consists of £434 million in cash. The division generated for the period ended June, 2023, EBITDA of £50 million.

The Transaction is subject to regulatory clearance and completion of the reorganization of the Healthcare division into a separate corporate group, and is expected to close during 2nd quarter of 2024. Mike Danson will serve as Executive Chairman of GlobalData Healthcare. J.P. Morgan Securities plc acted as a financial advisor, Reed Smith LLP acted as a legal advisor to GlobalData Plc.

Travers Smith LLP acted as a legal advisor to Inflexion Private Equity.