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Private equity firms crack the data code for bumper returns

Recent eye-catching investments in companies supplying business information have highlighted the returns to be made in the sector

Orange matrix rain of digital HEX code. Computer generated abstract technology concept
Orange matrix rain of digital HEX code. Computer generated abstract technology concept Photo: iStockphoto/Getty Images

There are riches to be made mining data companies.

Last week, Refinitiv, the financial markets data provider, attracted a striking $27bn offer from the London Stock Exchange less than a year after a Blackstone-led consortium acquired the company in a deal that valued it at $20bn including debt.

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