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Acquisition of Galaxy Research

11 Dec 2017 17:00

RNS Number : 0028Z
YouGov PLC
11 December 2017
 

11 December 2017

YouGov plc

("YouGov" or "the Group")

 

Acquisition of Galaxy Research expands YouGov's presence in Australia

 

YouGov, the international market research and data analytics group, is pleased to announce the acquisition of Galaxy Research Pty Ltd ("Galaxy"), a leading market research agency in Australia.

 

With a market research offering comparable to YouGov's Data Services offering, and a strong reputation in the local market, the YouGov Board sees a clear strategic fit for Galaxy in the YouGov Group. Galaxy, based in Sydney, is well respected in the Australian market for accurate opinion polling and as the administrator of the leading local political opinion polling brand, Newspoll.

 

The acquisition will allow YouGov to strengthen its position in the Australian market and accelerate growth in line with the Group's strategy. YouGov's existing Australian business, established two years ago, operates in keeping with YouGov's core model of using data collected from its proprietary panel of members to provide syndicated data products and services. With YouGov's operating model and panel, and Galaxy's reputation and foothold, the combined business will be in a strong position expand its data products and services offering.

 

David Briggs, the founder and Managing Director of Galaxy, will lead the combined business and team of 11 employees in Australia, which will initially operate under the brand YouGov Galaxy.

 

Stephan Shakespeare, CEO of YouGov, commented:

"With its reputation for accuracy and an excellent roster of corporate market research clients, Galaxy was an obvious fit for the YouGov Group. This acquisition increases our presence in Australia which is a significant market and one which is strategically important to our international clients."

 

David Briggs, Managing Director of Galaxy, commented:

"Becoming part of YouGov gives Galaxy access to an enviable global profile, a high-quality proprietary panel and operating platform. We look forward to working together to realise our combined ambitions."

 

Enquiries:

 

YouGov plc

Stephan Shakespeare / Alex McIntosh 020 7012 6100

 

FTI Consulting

Charles Palmer / Harry Staight 020 3727 1000

 

Numis Securities (Nomad and broker)

Nick Westlake / Toby Adcock 020 7260 1000

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQTBBATMBJBBMR
Date   Source Headline
9th Oct 20067:00 amRNSFinal Results
4th Aug 200610:57 amRNSNotice of Results
4th Aug 200610:51 amRNSHolding(s) in Company
31st Jul 20067:00 amRNSAcquisition
19th Jul 20062:29 pmRNSHolding(s) in Company
19th Jul 20067:08 amRNSDirectors Dealings Amendment
17th Jul 200611:58 amRNSDirectors Share Dealing
26th Jun 200610:25 amRNSTrading Statement
1st Jun 20067:03 amRNSChange of Adviser
3rd Apr 20067:02 amRNSInterim Results
6th Feb 20067:00 amRNSYouGov signs joint venture
18th Jan 20069:45 amRNSDirector/PDMR Shareholding
14th Dec 200511:53 amRNSGrant of Options
12th Dec 200510:00 amRNSAGM Statement
1st Nov 20055:56 pmRNSIssue of Equity
10th Oct 20057:00 amRNSPreliminary Results 2005
14th Sep 20051:45 pmRNSNotice of Results
14th Jun 20057:02 amRNSAppointment of CFO
25th May 20057:07 amRNSYouGov signs Media Contracts

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