TA Associates, Polaris Partners and Sutter Hill Ventures have agreed to sell their stakes in Research Now Group to Court Square Capital Partners. No financial terms were disclosed. Based in Plano, Texas, Research Now is a digital data collection provider.
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 behavioral 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.
About Court Square Capital Partners
Court Square is one of the most experienced teams in the private equity industry. Since 1979, the team has made over 200 investments, including several landmark transactions, and has developed numerous businesses into leaders in their respective markets. Based in New York, N.Y., Court Square invests in companies that have compelling growth potential. The firm manages over $5 billion in aggregate capital commitments while focusing on the following four sectors: business services, general industrial, healthcare and technology/telecommunications. For more information on Court Square, please visit www.courtsquare.com.
About Research Now Group, Inc.
Research Now Group, Inc., headquartered in Plano, Texas, is the global leader in digital data collection to power analytics and insights. It enables data-driven decision making for clients who listen to and interact with the world’s consumers and business professionals through Research Now’s online panels, as well as mobile, digital and social media technologies. The company operates in 38 countries, from 24 offices across the globe, and is recognized as the market research industry’s leader in quality, scale and customer satisfaction.