Substantive Research
Entry
2020
Hold
4yr
Exit
2024
Who owns Substantive Research?
Substantive Research is a British Fintech company, now owned by Euronext, which acquired it in 2024 from Foresight Group.
Hand-verified · updated 2026-06-30
Open JSON · CC-BYKey takeaways
- ·Fully exited in 2024 to Euronext.
- ·Best return: 2.4x MOIC by Foresight Group (2024 exit).
Exit Type
Trade Sale
Buyer
Euronext
MOIC
2.4x
Exit Year
2024
More Foresight Group portfolio companies
From the same investor, across funds.
More PE-backed in Fintech
Comparable fintech deals from other GPs.
Questions
Who owns Substantive Research?
Substantive Research is now owned by Euronext, which acquired it in 2024 from Foresight Group.
When did Euronext acquire Substantive Research?
Euronext acquired Substantive Research in 2024, buying from Foresight Group.
Who did Substantive Research sell to?
Foresight Group sold Substantive Research to Euronext in 2024 (Trade Sale), 2.4x return.
Look up another firm or company
Data refreshed weekly · Sourced from public filings · Report an issue