WGSN, formerly owned by Ascential plc, is a global consumer trend forecasting company. Founded in 1998 by brothers Julian and Marc Worth, WGSN has become the authority in predicting trends across various industries, including fashion, beauty, food and drink, interiors, and consumer technology.WGSN generates revenue by providing trend insights, data, and forecasts to clients through its subscription-based platform, enabling them to make critical design and purchasing decisions. The company has experienced strong growth in recent years, with a revenue CAGR of 8% from 2016 to 2022.In February 2024, funds advised by Apax Partners, a global private equity advisory firm, completed the acquisition of WGSN from Ascential for an enterprise value of up to £700 million. The sale was part of Ascential's managed separation plan for its wider portfolio of businesses, which was announced in January 2023.The acquisition by Apax aims to support WGSN's growth strategy, focusing on enhancing and expanding its product design and consumer insight offerings to its global client base. Apax has extensive experience in partnering with businesses in the information and data space, as well as in B2B subscription sales, which will be leveraged to accelerate WGSN's growth