Thompson Street Capital Partners With Management to Acquire FocusVision
ST. LOUIS (January 29, 2013) — Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that it has partnered with management to acquire FocusVision Worldwide, Inc. (FocusVision) of Stamford, Connecticut. Terms of the transaction were not disclosed.
FocusVision is the leading global provider of web-based video streaming, archiving and analytical solutions for the qualitative market research industry. Said Jim Cooper, Senior Managing Partner, TSCP, “We’re very excited to work with such a talented group. The FocusVision team successfully established the company at the forefront of a rapidly growing global market for web-enabled market research tools and we anticipate even greater growth going forward.”
FocusVision CEO Eric Grosgogeat commented, “We are thrilled to partner with Thompson Street. They have a strong track record of providing strategic advice and investing in their businesses to help accelerate growth both organically and through acquisitions. We are confident that through this alliance, our clients, research agencies and facility partners can expect to see new and improved services to enhance the user experience and broaden our product suite.”
FocusVision (www.focusvision.com) is the leading global provider of live video transmission, analysis and archive solutions for the qualitative market research industry. With transmission solutions for all venues, including the largest global network of focus group facilities, FocusVision delivers the highest audio and video quality, reliability and security for the most advanced research organizations in the world. FocusVision has approximately 100 employees and offices in the U.S., the UK and Singapore.