Business Monitor International strengthens its pharmaceutical and medtech portfolio with acquisition of Espicom Business Intelligence.
Business Monitor International, leading provider of country risk, financial markets and industry research across global markets, has announced the acquisition of Espicom Business Intelligence in a move which signals BMI’s continuing commitment to deepening its presence in key market sectors.
London, UK, August 22 2012 – Business Monitor International (“BMI”) is delighted to announce the acquisition of Espicom Business Intelligence (“Espicom”), a UK-based company with a 30-year pedigree providing business intelligence on Medical Devices, Pharmaceuticals & Healthcare and Therapeutics across global markets. The acquisition reflects BMI's commitment to deepening its market coverage of more than 20 industry verticals with specialist product and company intelligence. The financial terms of the transaction have not been disclosed.
The acquisition brings to BMI Espicom’s wide-range of information and business intelligence services for the global healthcare industries. In medical technology and devices, Espicom’s service features coverage of key operators in 70 country markets, proprietary 5-year forecasts, daily news on key technologies and critical management reports on areas such as advanced wound care, diagnostic products and market access. In pharmaceuticals, Espicom's service features country-level data, therapeutics, generics and biosimilars markets coverage and specialized drug development database services.
BMI co-CEO Jonathan Feroze commented that “Espicom’s product and company level content, combined with BMI’s existing pharmaceuticals and healthcare coverage across 97 countries, will produce a holistic, market-leading offering”. Co-CEO Richard Londesborough added that “the acquisition of Espicom deepens our content portfolio in a highly strategic growth segment for BMI”.
Espicom founder and CEO Eric Wigart, added that “BMI is the ideal platform for bringing Espicom’s content to a wider audience. Leveraging BMI’s global research, sales and account management capabilities will be a win-win for both companies”.
Business Monitor International
Tel: +44 (0)207 246 5117
Espicom Business Intelligence
Tel: 01271 850897
Business Monitor International forms strategic alliance with Solidiance in Asia.
London, September 9, 2011 – Business Monitor International (BMI) has signed an affiliation agreement with Solidiance to become its consulting partner for the region.
Head-quartered in London, with regional operations in Singapore, BMI specializes in providing country risk and industry sector analysis across global emerging markets, with special emphasis on Asia.
Solidiance is a premier Asia-centric strategy consulting firm, head-quartered in Singapore with offices in China, Indonesia, India, Thailand and Vietnam. A leader in growth strategy and B2B marketing consulting, Solidiance helps multinational companies grow their businesses in Asia.
The partnership seeks to bridge and connect BMI's systematic market research, ratings and forecasts with Solidiance's bespoke consulting services, both of which serve the top 1,000 multinationals operating in the region.
'We are delighted to be partnering with Solidiance', BMI's CEO Richard Londesborough comments, 'both companies are providing value added insight into Asian countries and vertical markets; BMI from a macroeconomic and market research perspective, Solidiance from a management consulting perspective. By offering the choice of an integrated service, clients will benefit from research and advice from the macro level right down to micro.'
Solidiance's Managing Partner, Damien Duhamel says, 'As an existing and keen client of BMI services, we felt there was a match in complementing our forces to offer our clients a comprehensive market understanding and new opportunity analysis service delivery. BMI has been in the market for over four decades and has built a strong brand globally. It is an honour to partner with them'.
BMI is a leading, independent provider of proprietary research, analysis, ratings and forecasts covering 175 countries and 22 industry sectors. The company focuses on integrating country risk and financial markets analysis with industry, to inform high-level decision-making in multinational companies, financial institutions, multilaterals and government. BMI serves the information needs of executives in more than 140 countries, including more than 400 of the Fortune Global 500 companies.
Solidiance is a premier Asia-centric consulting firm that helps multinational clients to understand the Asia market landscape and to accelerate growth. The firm helps clients to prioritize and enter markets, overtake competition, fight commoditization, disrupt existing business models, find new markets, create new growth avenues, prepare investment feasibility studies and growth strategies to optimize high-level decision-making.
Singapore: + 65 64088206
Business Monitor International
Singapore +65 6576 5820
London, July 1, 2011 – Due to rapid company growth, Business Monitor International is moving its global headquarters to larger premises in the City of London on July 1, 2011.
With requirements to accommodate additional staff and upgrade technical and communications systems, the company will be relocating to Senator House, 85 Queen Victoria Street, London EC4V 4AB on 1st July 2011.
The new office will provide an improved working environment for staff and facilitate Business Monitor's future growth in the UK and internationally. The new office will deliver state-of-the art IT infrastructure and telecommunication systems, providing a secure and scalable platform to achieve BMI's corporate mission to become the world's No.1 Independent Information Provider of Country Risk & Industry Research.
The move is part of the on-going company growth, which has recently seen the expansion of operations in New York, Singapore and South Africa.
London, January 13, 2011 – Entitled, World On The Mend: EMs Outperform, G7 Improving, the 54-page report explains how emerging markets (EM) have withstood the global credit crunch better than their developed world counterparts, and will grow more quickly in the coming year. In 2011, emerging markets real GDP will grow by 5.2% against 2.1% in developed states, with the gap between them narrowing significantly. BMI expects 2011 to herald a broadening and deepening phase of the recovery.
Emerging markets (EM) will continue to outperform developed states in terms of economic growth in 2011 according to a newly produced report from country risk specialists Business Monitor International (BMI).
The global economic healing process is gaining momentum, and while risks abound as ever, BMI expects the recovery to broaden and deepen in 2011. However, the growth differential between developed and emerging economies will narrow substantially from 2010 as recovery in the US picks up pace and in China slows down.
Key findings from this new 54-page BMI special report include;
- The US economy will expand beyond expectations in 2011. Resurgent consumer activity, easy monetary policy and recent payroll tax cuts will drive recovery in the US. Whilst in the eurozone fiscal issues are rooted in political rather than economic problems, and we expect closer integration rather than the bloc's disintegration in 2011. Still, while the core of the monetary bloc will continue to post reasonable growth, the peripheral euro zone will suffer from fiscal retrenchment and household deleveraging.
- Strong economic performance is expected across EM. However, rising inflation in EM does present a key risk. For example, our forecast for Chinese growth incorporates a degree of weakness resulting from government tightening measures aimed at cooling the economy. Growth in 'frontier markets', particularly in Africa, will continue to impress. Commodity prices will remain elevated over the course of 2011. Cyclical commodities including base metals will potentially outperform. BMI sees government policy as a potential risk to supply, particularly with regard to grains if staple food prices remain high in EM. Political risks will remain elevated driven by budgetary cuts and high levels of unemployment. BMI's main concern for EM is that food price-induced inflation could stir unrest. The possibility of a US/Israeli attack on Iran's nuclear programme represents the biggest geopolitical risk for the next two years.
- Equities will be preferable to fixed income investments. Developed state equities have the potential to surprise to the upside versus EM. BMI is broadly neutral on fixed income globally, assuming that monetary policy remains accommodative in the US and euroland throughout 2011, even if tightens in many EM. US dollar weakness will persist versus emerging market currencies.
London, September 9th, 2009 – Business Monitor International Limited ('BMI'), a leading global provider of country risk analysis, macroeconomic forecasting and industry research, announced today that it has received a substantial, non-controlling equity investment from Spectrum Equity Investors. The investment will accelerate the expansion of BMI's portfolio of services, and position the company to execute on its global expansion strategy. Following the transaction, Chris Mitchell and Adam Margolin from Spectrum will join the BMI board of directors. Terms of the transaction were not disclosed.
Richard Londesborough, Co-CEO of BMI said, 'We are extremely pleased to have Spectrum make this strategic investment in the company. While BMI has already established itself as a leading provider of subscription-based risk data and analysis to clients and subscribers in over 140 countries, we believe we are still in the early stages of the company's growth opportunity. Spectrum's capital and board-level assistance will further strengthen the BMI platform for continued success going forward.'
'Given the ongoing volatility in global markets, and the growing international presence of major corporations, particularly in the emerging markets, BMI's proprietary risk ratings, forecasts and research have never been more important to our clients', said Jonathan Feroze, Co-CEO of BMI. 'Spectrum's investment comes at an opportune time for BMI, as we look to continue our growth, both organically and through acquisition, to enable us to anticipate our clients' continually evolving needs.'
'BMI is a perfect fit for Spectrum, given our focus on rapidly growing, profitable providers of information services,' said Chris Mitchell, managing director of Spectrum Equity Investors. 'The company's ability to integrate industry-specific data, trending, and structural analysis with its proprietary macroeconomic country risk models provides unique value to clients around the world. Furthermore, unlike traditional market research vendors who either publish irregularly or cover market segments selectively, BMI's innovative 'always current' approach leads the field.'
'BMI content boasts an unusual breadth of applications. Beyond traditional financial analysis and market research, it is used by a wide range of multinational clients to assist with initiatives as diverse as strategic planning, anticipating demand drivers and competitive analysis, to assessing geo-political risk and its potential impact on employee and supply chain security,' said Adam Margolin, vice president of Spectrum Equity Investors.
For more information, please contact firstname.lastname@example.org or tel: +44 (0)20 7248 0468