FocusVision Teams Up with EQT to Drive Continued Market Research Technology Innovation
Global investment firm has acquired FocusVision, will help support both geographic expansion and the advancement of technology solutions
STAMFORD, Conn. — December 14, 2015 — FocusVision, a comprehensive technology company for quantitative and qualitative research, today announced a new partnership with EQT. EQT, a leading global private equity group, has worked with FocusVision’s management team to acquire the market research company; a move that will further support the company’s vision for future growth and innovation.
“We’re looking forward to continuing to pursue our mission of providing an end-to-end, one-stop market research technology solution for our clients around the world,” said Eric Grosgogeat, President & CEO of FocusVision. “EQT is the perfect partner for us, as they will be working with our management team to strengthen our investment in both research and development and our global sales force. This is an exciting time for our company, our employees and our clients as we move into building a positive future for our industry.”
FocusVision was founded in 1990 and began as a company specializing in live video transmission of qualitative research. Over the past 18 months, the company has acquired leading market research technology operations, which has expanded the company’s offerings to include complete end-to-end technology solutions for quantitative research, qualitative research, reporting, project management and more. The company is headquartered in Connecticut and has offices around the globe, including California, United Kingdom, Brazil, Australia, Bulgaria and Singapore.
Matthew Levine, Partner at EQT Partners, Investment Advisor to EQT Mid Market said, “This is an industry which is enjoying strong underlying growth dynamics. FocusVision is a company that is growing, innovating and on the leading edge of its industry. The FocusVision team has proven its success in presenting unique quantitative and qualitative integrated offerings into the global market research space. We are excited to work together as we grow the company.”
FocusVision is the leading global provider of quantitative and qualitative technology solutions to the market research industry, providing an online survey platform, research facility video streaming, webcam focus groups, ethnography streaming, mobile device usability studies, content management and end-to-end project management solutions. Our services allow research professionals to engage with respondents in any place, at any time, on any device. FocusVision has more than 300 employees and offices in the US, the UK, Bulgaria, Brazil, Australia and Singapore. http://www.focusvision.com @focusvisioninfo
EQT is a leading global private equity group with approximately EUR 29 billion in raised capital. EQT has portfolio companies in Europe, Asia and the US with total sales of more than EUR 17 billion and approximately 140,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership. For further information, please visit www.eqt.se