{"id":410553,"date":"2021-01-07T10:24:40","date_gmt":"2021-01-07T15:24:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410553"},"modified":"2021-01-07T10:24:40","modified_gmt":"2021-01-07T15:24:40","slug":"eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\/","title":{"rendered":"EQT and Verdane announce intention to merge FocusVision and Confirmit"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">STOCKHOLM<\/span>, <span class=\"xn-chron\">Jan. 7, 2021<\/span> \/PRNewswire\/ &#8212;<\/p>\n<ul type=\"disc\">\n<li>\n          <span>EQT and Verdane to merge FocusVision and Confirmit to create a leader in the Market Research, Customer and Employee Experience industries<\/span><br \/>\n          <span>\u00a0\u00a0\u00a0\u00a0<\/span>\n        <\/li>\n<li>\n          <span>The combined company will provide a one-stop-shop of complementary software solutions and offer greater benefits to existing and new customers<\/span>\n        <\/li>\n<li>\n          <span>EQT and Verdane are committed to invest in the combined company to support accelerated growth in <span class=\"xn-location\">North America<\/span> and <span class=\"xn-location\">Europe<\/span><\/span>\n        <\/li>\n<\/ul>\n<p>\n        <span>EQT and Verdane are pleased to announce the merger of their respective portfolio companies FocusVision, majority owned by EQT Mid Market US, and Confirmit. The combined company will be led by Confirmit CEO <span class=\"xn-person\">Kyle Ferguson<\/span> and supported by members of both the FocusVision and Confirmit management teams.<\/span>\n      <\/p>\n<p>\n        <span>FocusVision offers a comprehensive suite of experience insights software solutions, including advanced survey, online interview and focus groups, and online qualitative research community solutions to get brands close enough to their customers to have a full understanding of Customer Truth\u2122 &#8211; how they think, feel, and act.<\/p>\n<p>Confirmit offers market research, customer experience and employee engagement software solutions to turn insight into stories that fuel action. Confirmit delivers the flexibility and power that customers need to understand and manage experiences, emotions, and behaviors so they are always one step ahead.<\/p>\n<p>The merger will harness the scale and scope of two complementary organizations and enable the combined business to provide better solutions to its customers on a global basis. Together, EQT and Verdane will support investments in best-of-breed technology solutions, ranging from data collection to reporting and action capabilities, and accelerate innovation initiatives. Moreover, the two companies will combine their digital infrastructure and technology capabilities, which will increase efficiencies and deliver new opportunities to the benefit of both existing and new customers.<\/span>\n      <\/p>\n<p>\n        <span><br \/>\n          <span class=\"xn-person\">Kyle Ferguson<\/span>, Chief Executive Officer, Confirmit, said: &#8220;At Confirmit, we imagine a future where every action is initiated by the right decision at the right time. No data silos. No unknowns. Just accurate, visual insights, in real time, helping to make businesses smarter. This merger will make that a reality. We will create a world class organization that brings real value to our clients and colleagues alike.&#8221;<\/span>\n      <\/p>\n<p>\n        <span><br \/>\n          <span class=\"xn-person\">Chris Nagy<\/span>, Chief Executive Officer, FocusVision, said: &#8220;The merger of Confirmit and FocusVision is a perfect fit and heralds an exciting, new dynamic for the global insights industry. We are complementary on every level and together we will be a great company, focused on excellence in everything we do.&#8221;<\/span>\n      <\/p>\n<p>\n        <span>Hajo Kr\u00f6sche, Managing Director and Investment Advisor at EQT Partners, said: &#8220;The merger of FocusVision and Confirmit will create a leading Research Technology player with a significantly stronger suite of solutions in <span class=\"xn-location\">Europe<\/span> and <span class=\"xn-location\">North America<\/span>. The merger creates a scalable platform to invest further into growth and technology to further improve the value add to our customers. We are excited about the opportunities this merger presents.&#8221;<\/p>\n<p>P\u00e5l Malmros, Partner at Verdane, said: &#8220;This acquisition will be transformative for FocusVision and Confirmit and an exciting step toward delivering an even more comprehensive end-to-end technology solution. We are excited to support the management team in this merger as we believe this combination will allow the combined company to deliver even greater value to its customers.&#8221;<\/span>\n      <\/p>\n<p>\n        <span>The transaction is conditioned on receipt of regulatory approvals and is expected to close in the second quarter of 2021. <\/span>\n      <\/p>\n<p>\n        <b><br \/>\n          <span>EQT press contact<\/span><br \/>\n        <\/b><br \/>\n        <br \/>\n        <span>European media;\u00a0 <\/span><br \/>\n        <a target=\"_blank\" href=\"mailto:press@eqtpartners.com\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <span>press@eqtpartners.com<\/span><br \/>\n        <\/a><br \/>\n        <i><br \/>\n          <span>,<\/span><br \/>\n        <\/i><br \/>\n        <span> +46 8 506 55\u00a0334<br \/>US media: <span class=\"xn-person\">Stephanie Greengarten<\/span>, +1\u00a0646\u00a0687 6810<\/p>\n<p><b><span>Verdane<\/span><\/b><b><span>press contact<\/span><\/b><\/span><br \/>\n        <br \/>\n        <span>P\u00e5l Malmros, Partner, <a href=\"mailto:pal.malmros@verdane.com\" rel=\"nofollow\">pal.malmros@verdane.com<\/a>, +46 70 268 65 16<\/span>\n      <\/p>\n<p>\n        <i><br \/>\n          <b><br \/>\n            <span>About EQT<\/span><br \/>\n          <\/b><br \/>\n        <\/i>\n      <\/p>\n<p>\n        <i><br \/>\n          <span>EQT is a purpose-driven global investment organization<\/span><br \/>\n        <\/i><br \/>\n        <i><br \/>\n          <span>\u00a0with more than <span class=\"xn-money\">EUR 75 billion<\/span> in raised capital and over <span class=\"xn-money\">EUR 46 billion<\/span> in assets under management across 16 active funds. EQT funds have portfolio companies in <span class=\"xn-location\">Europe<\/span>, <span class=\"xn-location\">Asia-Pacific<\/span> and <span class=\"xn-location\">North America<\/span> with total sales of more than <span class=\"xn-money\">EUR 27 billion<\/span> and approximately 159,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.<\/span><br \/>\n        <\/i>\n      <\/p>\n<p>\n        <i><br \/>\n          <span>More info: <\/span><br \/>\n        <\/i><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=3321431146&amp;u=http%3A%2F%2Fwww.eqtgroup.com%2F&amp;a=www.eqtgroup.com\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <i><br \/>\n            <span>www.eqtgroup.com<\/span><br \/>\n          <\/i><br \/>\n        <\/a><br \/>\n        <br \/>\n        <i><br \/>\n          <span>Follow EQT on <\/span><br \/>\n        <\/i><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=2614375631&amp;u=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2F508278&amp;a=LinkedIn\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <i><br \/>\n            <span>LinkedIn<\/span><br \/>\n          <\/i><br \/>\n        <\/a><br \/>\n        <span>, <\/span><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=878809661&amp;u=https%3A%2F%2Ftwitter.com%2Feqt&amp;a=Twitter\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <i><br \/>\n            <span>Twitter<\/span><br \/>\n          <\/i><br \/>\n        <\/a><br \/>\n        <span>, <\/span><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=3786326903&amp;u=https%3A%2F%2Fwww.youtube.com%2Fchannel%2FUCPkDSny24x66By2G2_B1Okw%2Ffeatured&amp;a=YouTube\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <i><br \/>\n            <span>YouTube<\/span><br \/>\n          <\/i><br \/>\n        <\/a><br \/>\n        <i><br \/>\n          <span>\u00a0and <\/span><br \/>\n        <\/i><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=4022532927&amp;u=https%3A%2F%2Fwww.instagram.com%2Feqtgroup%2F&amp;a=Instagram\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <i><br \/>\n            <span>Instagram<\/span><br \/>\n          <\/i><br \/>\n        <\/a>\n      <\/p>\n<p>\n        <i><br \/>\n          <b><br \/>\n            <span>About Verdane<\/span><br \/>\n          <\/b><br \/>\n        <\/i>\n      <\/p>\n<p>\n        <i><br \/>\n          <span>Verdane is a specialist growth equity investment firm that partners with ambitious Northern European tech-enabled businesses to help them reach the next stage of international growth. Verdane pioneered portfolio acquisitions in <span class=\"xn-location\">Northern Europe<\/span> in 2003 and announced a complementary fund strategy entirely dedicated to direct investments in 2018. Verdane&#8217;s eight funds have made over 120 investments into category leaders in digital consumer, energy &amp; resource efficiency and software businesses. Based out of <span class=\"xn-location\">Berlin<\/span>, <span class=\"xn-location\">Copenhagen<\/span>, <span class=\"xn-location\">Helsinki<\/span>, <span class=\"xn-location\">London<\/span>, <span class=\"xn-location\">Oslo<\/span> and <span class=\"xn-location\">Stockholm<\/span>, the Verdane team is dedicated to being the preferred growth partner to tech-enabled businesses in <span class=\"xn-location\">Northern Europe<\/span>.<\/span><br \/>\n        <\/i><br \/>\n        <i><br \/>\n          <span><\/p>\n<p>            <i><br \/>\n              <span>More info: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=272697490&amp;u=http%3A%2F%2Fwww.verdane.com%2F&amp;a=www.verdane.com\" rel=\"nofollow noopener noreferrer\">www.verdane.com<\/a><\/span><br \/>\n            <\/i><br \/>\n          <\/span><br \/>\n        <\/i>\n      <\/p>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <span>About FocusVision<\/span><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <i><br \/>\n          <span>Established in 1990, FocusVision offers the most comprehensive suite of experience insights software solutions &#8211; including advanced survey, online interview and focus groups, and online qualitative research community solutions to get brands close enough to their customers to have a full understanding of Customer Truth\u2122 &#8212; how they think, feel, and act. Trusted by 18 of the Top-20 Fortune 100 companies, and all of the Top-10 Healthcare and CPG companies, FocusVision was honored for its Outstanding Innovation in Customer Experience Management with MarTech Breakthrough Awards in 2018 and 2019. <\/span><br \/>\n        <\/i>\n      <\/p>\n<p>\n        <i><br \/>\n          <span>More info: <\/span><br \/>\n        <\/i><br \/>\n        <span><br \/>\n          <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=2771352531&amp;u=http%3A%2F%2Fwww.focusvision.com%2F&amp;a=www.FocusVision.com\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <i><br \/>\n              <span>www.FocusVision.com<\/span><br \/>\n            <\/i><br \/>\n          <\/a><br \/>\n        <\/span>\n      <\/p>\n<p>\n        <i><br \/>\n          <b><br \/>\n            <span>About Confirmit<\/span><br \/>\n          <\/b><br \/>\n        <\/i>\n      <\/p>\n<p>\n        <i><br \/>\n          <span>Confirmit&#8217;s solutions are built by insights professionals, for insights professionals. Market Research, customer experience and employee engagement consultants around the world rely on our solutions to turn insight into stories that fuel action. The heart of our business is the people behind our technology, and we work as a partner to deliver the flexibility and power you need to understand and manage experiences, emotions, and behaviours so you are always one step ahead.\u00a0 <\/span><br \/>\n        <\/i>\n      <\/p>\n<p>\n        <i><br \/>\n          <span>More info: <u><span><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=3842610155&amp;u=http%3A%2F%2Fwww.confirmit.com%2F&amp;a=www.confirmit.com\" rel=\"nofollow noopener noreferrer\"><span>www.confirmit.com<\/span><\/a><\/span><\/u><\/span><br \/>\n        <\/i>\n      <\/p>\n<p>\n        <span>This information was brought to you by Cision <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=4077435075&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" rel=\"nofollow noopener noreferrer\"><span>http:\/\/news.cision.com<\/span><\/a><\/span>\n      <\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=3723241462&amp;u=https%3A%2F%2Fnews.cision.com%2Feqt%2Fr%2Feqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit%2Cc3265031&amp;a=https%3A%2F%2Fnews.cision.com%2Feqt%2Fr%2Feqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit%2Cc3265031\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <span>https:\/\/news.cision.com\/eqt\/r\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit,c3265031<\/span><br \/>\n        <\/a>\n      <\/p>\n<p>The following files are available for download:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt1 prnsbr1 prnsbb1 prnsbl1\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028817-1&amp;h=3047472811&amp;u=https%3A%2F%2Fmb.cision.com%2FMain%2F87%2F3265031%2F1356882.pdf&amp;a=https%3A%2F%2Fmb.cision.com%2FMain%2F87%2F3265031%2F1356882.pdf\" class=\"prnews_a\" rel=\"nofollow noopener noreferrer\"><br \/>\n                    <span class=\"prnews_span\">https:\/\/mb.cision.com\/Main\/87\/3265031\/1356882.pdf<\/span><br \/>\n                  <\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Release<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO40128&amp;sd=2021-01-07\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit-301202857.html\">http:\/\/www.prnewswire.com\/news-releases\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit-301202857.html<\/a><\/p>\n<p>SOURCE  EQT<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO40128&amp;Transmission_Id=202101071021PR_NEWS_USPR_____IO40128&amp;DateId=20210107\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire STOCKHOLM, Jan. 7, 2021 \/PRNewswire\/ &#8212; EQT and Verdane to merge FocusVision and Confirmit to create a leader in the Market Research, Customer and Employee Experience industries \u00a0\u00a0\u00a0\u00a0 The combined company will provide a one-stop-shop of complementary software solutions and offer greater benefits to existing and new customers EQT and Verdane are committed to invest in the combined company to support accelerated growth in North America and Europe EQT and Verdane are pleased to announce the merger of their respective portfolio companies FocusVision, majority owned by EQT Mid Market US, and Confirmit. The combined company will be led by Confirmit CEO Kyle Ferguson and supported by members of both the FocusVision and Confirmit management teams. FocusVision offers a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;EQT and Verdane announce intention to merge FocusVision and Confirmit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410553","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EQT and Verdane announce intention to merge FocusVision and Confirmit - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EQT and Verdane announce intention to merge FocusVision and Confirmit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire STOCKHOLM, Jan. 7, 2021 \/PRNewswire\/ &#8212; EQT and Verdane to merge FocusVision and Confirmit to create a leader in the Market Research, Customer and Employee Experience industries \u00a0\u00a0\u00a0\u00a0 The combined company will provide a one-stop-shop of complementary software solutions and offer greater benefits to existing and new customers EQT and Verdane are committed to invest in the combined company to support accelerated growth in North America and Europe EQT and Verdane are pleased to announce the merger of their respective portfolio companies FocusVision, majority owned by EQT Mid Market US, and Confirmit. The combined company will be led by Confirmit CEO Kyle Ferguson and supported by members of both the FocusVision and Confirmit management teams. FocusVision offers a &hellip; Continue reading &quot;EQT and Verdane announce intention to merge FocusVision and Confirmit&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-07T15:24:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO40128&amp;sd=2021-01-07\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"EQT and Verdane announce intention to merge FocusVision and Confirmit\",\"datePublished\":\"2021-01-07T15:24:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\\\/\"},\"wordCount\":973,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=IO40128&amp;sd=2021-01-07\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/eqt-and-verdane-announce-intention-to-merge-focusvision-and-confirmit\\\/\",\"name\":\"EQT and Verdane announce intention to merge FocusVision and Confirmit - 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