Global private equity group EQT Mid Market is to partner with management to acquire FocusVision, a Connecticut-based provider of quantitative and qualitative technology solutions to the market research industry.
The amount of the deal was not disclosed.
Founded in 1990 and led by Eric Grosgogeat, President and CEO, FocusVision is a technology solutions and services provider. Its offering includes 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. The company has more than 300 employees and offices in offices in California, United Kingdom, Brazil, Australia, Bulgaria and Singapore.
Following the acquisition, EQT Mid Market will support the growth of FocusVision both domestically and internationally, through investing in the salesforce, new product innovation, acquisitive growth and platform integration.