Announces Changes to Shareholder Group
OREANDA-NEWS. Research Now Group, Inc., the leading digital data collection provider powering analytics and insights, announced today that it has entered into a definitive agreement with Court Square Capital Partners, an independent private equity firm, to acquire interests in the company from a group of selling shareholders.
Over the past decade, Research Now has been the fastest growing company in its sector. Its global, permission-based access to millions of deeply profiled consumers and business decision-makers provides online, mobile and behavioural data for over 3,000 market research, consulting, media and corporate clients. This actionable data drives key business decisions and processes such as: strategy, competitive intelligence, new product development, brand positioning, and digital ad effectiveness.
"We are delighted to partner with Court Square Capital Partners to build upon Research Now's industry leading position and vision for the future," said Kurt Knapton, President and CEO of Research Now. "With Court Square's assistance, we plan to invest even more aggressively in new product and technology offerings, and in furthering the company's global presence. Court Square's 30-year heritage of partnering with management teams to build great companies, and its experience with technology and marketing services investments, make it an ideal fit for Research Now."
Under Mr. Knapton's leadership, the existing management team will remain in place and continue to grow the business. Financial terms of the transaction have not been disclosed.
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