New York—FIND/SVP, a business intelligence, market research and consulting company, announced it has signed agreements to acquire two business and market research companies, Atlantic Research & Consulting and Signia Partners.
Terms of the transactions include an initial total payment of $7 million in cash and $800,000 in common stock, plus a three-year contingent earn out.
Atlantic Research & Consulting is a custom market research firm, focusing on the financial services, management consulting, health care and public sectors. It had 2004 revenue of $5.8 million.
Signia Partners provides research in the financial services, health care and consumer sectors. It had 2004 revenue of $4.4 million.