GlobalData Plc, a data, analytics, and insights platform, announced last month that the group signed an agreement to acquire research and advisory firm Celent.

Celent was previously part of Marsh McLennan’s Oliver Wyman Group. Deal terms were not disclosed by GlobalData said the deal closed on Dec. 31, 2024 and was funded from existing cash resources.

“For over 20 years, Celent has helped Technology and Strategy leaders in the Financial Services Market make faster and more informed decisions around their technology strategies allowing them to execute at scale. This acquisition will bring our collective expertise and talent together to create even more value for our existing customers as well as new opportunities to serve new customers,” the company said in statement.

Source: GlobalData Plc