An affiliate of CCMP Capital Advisors LLC has closed its buy of Infogroup, an Omaha database provider. Clare Hart was named Infogroup’s president and CEO. CCMP, of New York, is a private equity firm.
Infogroup, the leading provider of data-driven and interactive resources for targeted sales, marketing and research solutions, today has closed on its acquisition by affiliates of CCMP Capital Advisors, LLC and announced its new executive leadership team and Board of Directors.
Clare Hart has been named Infogroup’s President and Chief Executive Officer. Ms. Hart is considered an innovator and leader in the world of interactive data and business information services. She most recently served as President of the Dow Enterprise Media Group, which generated over $700 million in annual sales and comprised Dow Jones Indexes, Dow Jones Newswires, Factiva, Dow Jones Licensing and Financial Information Services units. Prior to that appointment she was a founding member and ultimately President and Chief Executive Officer of Factiva, when it was a joint venture of Dow Jones and Reuters.
Rich Zannino, CCMP Managing Director and Chairman of Infogroup’s newly constituted Board of Directors, said, “We’re thrilled to have completed our acquisition of Infogroup and to be partnering with its highly talented management team and staff. Clare Hart has the perfect blend of skills – executive leadership, customer focus, product innovation, change management, technological savvy and deep relevant industry experience – to lead the transformation of Infogroup and deliver even greater value for its customers and ultimately its shareholders.”
Serving on Infogroup’s new Board of Directors will be the following highly successful business leaders:
§ Steve Cone, Chief Marketing Officer, The Brierley Group and former Chief Marketing Officer of Epsilon Data Management. Over his 35 year career he has developed highly successful marketing campaigns for such companies as Citigroup, American Express, Fidelity, Apple and United Airlines.
§ Clare Hart, Infogroup’s President and Chief Executive Officer.
§ Jarvis Hollingsworth, Partner, Bracewell & Guiliani, board member of the University of Houston System Board of Regents, and former board member of the Teacher Retirement System of Texas Pension Fund and Houston Bar Foundation.
§ Mike Iaccarino, President, Chief Executive Officer and Director, Mobile Messenger and former President and Chief Executive Officer of Epsilon from 2001 to 2009.
§ Steve Murray, CCMP Capital’s President and Chief Executive Officer and board member of ARAMARK Corporation, Generac Power Systems, Jetro Holdings and Warner Chilcott.
§ Bob Myers, Partner, McCarthy Capital and board member of AmeriSphere Multifamily Finance, BlueLine Media Holdings, CoSentry.net, Guild Mortgage Company and MarketSphere Consulting. Held senior executive positions at First Data Corporation and Western Union for 17 years.
§ Kevin O’Brien, CCMP Capital Managing Director, investment committee member, and co-head of its consumer/retail and media practice, and board member of CareMore Medical Enterprises, LHP Hospital Group, KRATON Polymers and National Surgical Care.
§ John Warner, Principal, CCMP Capital and board member of Chromalox, MetoKote and Quiznos Sub.
§ Rich Zannino, Chairman of Infogroup’s Board of Directors, CCMP Capital Managing Director, investment committee member, and co-head of its consumer/retail and media practice, board member of IAC and Estee Lauder, and former Chief Executive Officer and board member of Dow Jones & Company.