“Our combination with Research Now is the most important event in the history of our company. We entrusted the guys at MPA to navigate the process to make it happen and we are delighted with the result. We never would have got it done without them.”
Jeff Karry, President and Major Shareholder
“They were a quick study on our business. They understood our strategic objectives, they understood how deals like this get done and they worked hard on our behalf to achieve our objectives.”
John Visser, Vice President, Client Development and Major Shareholder
OpenVenue e-Research Solutions is Canada’s largest online market research company. Privately held, with majority ownership by two owner-entrepreneurs, OpenVenue had experienced considerable success, with a strong track record of growth and profitability. OpenVenue began considering the strategic opportunities available to it in light of the rapid changes occurring in its industry.
Morrison Park Advisors was engaged as financial advisor to assist Open Venue to review and ultimately act upon strategic options. OpenVenue was sold to Research Now, the leading European online market research firm, in a transaction with a potential value of up to $47.5 million.