GlobalData completed the acquisition of TSL Research Group.

GlobalData, a provider of industry intelligence, completed the acquisition of TSL Research Group, an economic research firm. Financial terms were not disclosed. "I am very pleased to welcome new colleagues from TS Lombard to GlobalData. In economic climates such as the environment facing international corporations and the global asset management industry, the intelligence and insight offered by businesses such as ours becomes even more valuable. With TS Lombard, we have taken a significant step in boosting our expertise and the product that will be available via the GlobalData platform. It's an investment that drives our high retention rates through economic cycles and provides our business with added resilient growth. With new financing agreed earlier in the year to fund future M&A, we have the capacity to deliver on more strategic value-enhancing M&A that benefits all stakeholders - customers, employees, investors and partners across the globe," Mike Danson, GlobalData CEO.