IP Group hosted a capital markets day on 26 June 2025, which included presentations on the group’s investment strategy, pipeline, major themes and portfolio companies.

Wilmington is listed on the London Stock Exchange with a market capitalisation of just over £300m. It operates in the governance, risk and compliance sectors, providing critical data and training to organisations navigating complex regulatory environments. Its core value proposition is helping clients maintain compliance through information services and professional development.

There are five compelling reasons why Wilmington represents an attractive investment opportunity.

1. Wilmington’s focus on regulated markets positions it to benefit from the persistent regulatory expansion.
2. The company’s financials show consistent high single-digit revenue growth, with operating margins exceeding 30% on ongoing operations.
3. Wilmington’s client base consists predominantly of blue-chip organisations with multi-year relationships, with high retention rates and recurring revenue patterns.
4. The acquisitions of Astutis and, more recently, of Phoenix Health & Safety, represent logical strategic extensions.
5. Wilmington’s balance sheet displays notable strength, with net cash at end December 2024 of £31m.

If you would like to learn more about Wilmington, please click here.

Sometimes it is worth taking a step back. That way, it is possible to gain perspectives that are not necessarily clear when you are down in the weeds. But the process of stepping back does not always lead to the same viewpoint. This thematic piece takes some fairly basic questions about the role of advertising and the transformation of the advertising market and appraises them from different standpoints: the agency, the publisher, the platform and the brand. We have done this in the form of short video interviews with relevant individuals from some of the key quoted companies in the sector. As might be expected, there is plenty of commonality in responses, and the divergencies of opinion mostly reflect the perspectives, rather than anything more fundamental, but are interesting, nonetheless. As the landscape shifts further and faster, investors need to keep asking whether the ecosystem is fit for purpose and check in on what that purpose is.