{"slug":"substantive-research","name":"Substantive Research","url":"https://www.gp-intel.com/company/substantive-research","sector":"Fintech","country":"UK","hq_city":null,"website":null,"founded_year":null,"ipo_year":null,"status":"exited","current_owner":null,"current_holder":{"name":"Euronext","names":["Euronext"],"since_year":2024,"basis":"trade_sale"},"ownership_periods":1,"ownership":[{"owner":"Foresight Group","fund":"Foresight Scottish Growth Fund","fund_vintage":2019,"entry_year":2020,"exit_year":2024,"is_exit":true,"deal_type":"Trade Sale","buyer":"Euronext","moic":"2.4","sector":"Fintech"}],"source":"gp-intel.com","license":"CC-BY-4.0","updated_at":"2026-06-30T05:48:30.657Z"}