Empresas y finanzas

Woodbridge Group Closes Sale of Foresight International



    Woodbridge Group, Inc. has completed the sale of Foresight
    International, Inc., a global provider of innovative employee
    satisfaction solutions to Lightspeed Research, an interactive data
    solutions provider to the marketing research industry based in Lake
    Zurich, Illinois. Lightspeed is part of London-based WPP Group PLC
    (LSE: WPP), one of the world's largest communications services
    companies. Woodbridge Group acted as mergers and acquisitions advisor
    to Foresight International in the transaction.

    Woodbridge Group marketed Foresight International to thousands of
    prospective buyers across the U.S. and overseas. "We received strong
    interest from both strategic and financial buyers for Foresight
    International," said Robert F. Murphy, managing director of Woodbridge
    Group. "Our European office found WPP/Lightspeed who turned out to be
    the ideal buyer for our client."

    Commenting on the deal Foresight President Michael Schroeder said,
    "I am very proud that Foresight has created a unique combination of
    survey research, technology and consulting in the employee and
    customer satisfaction areas, and our reputation in employee engagement
    will be an excellent complement to Lightspeed Research's existing
    market research capabilities."

    In a statement posted to its website announcing the acquisition,
    WPP said the "investment continues WPP's strategy of developing its
    networks in fast growing markets and sectors."

    Woodbridge Group, Inc., an innovative, marketing-driven M&A firm,
    was founded in 1993 to provide divestiture and acquisition services to
    middle market companies.