Hanley Wood and Meyers Research Acquired and Merged

In the US, private equity firm MidOcean Partners has acquired and merged construction industry analyst Hanley Wood and housing market insight provider Meyers Research. Terms of the deals have not been disclosed.

Hanley Wood offers a range of business intelligence and data driven services for the residential, commercial design and construction industries, and its M3 Innovation Lab combines experts from the company's three business platforms Metrostudy, Media and Marketing (M3), using proprietary data from its Construction Industry Database. Meyers Research is headquartered in Costa Mesa, CA and offers data for residential real estate development and new home construction. The firm has developed an app called Zonda, allowing homebuilders, multifamily developers, lenders and financial institutions to analyze the latest housing market trends.

Through Metrostudy and Zonda, the combined company will offer data spanning the full homebuilding lifecycle, from land acquisition and property development and build, to new home sales and marketing. The combined company will be led by CEO Jeff Meyers (pictured), founder and President of Meyers Research, who previously led Hanley Wood Market Intelligence, the predecessor to Metrostudy. Meyers will be joined by a management team from both Hanley Wood and Meyers Research, and Hanley Wood CEO Peter Goldstone will work to help ensure a smooth transition.

Barrett Gilmer, Managing Director of MidOcean, says of the deals: 'This transformational merger creates a significantly expanded offering for customers and provides for greater benefits and growth opportunities than either company could have achieved alone. Additionally, we are thrilled to partner with a seasoned industry executive in Jeff Meyers, and believe that he is uniquely qualified to drive incremental insights for customers given his leadership roles at both Metrostudy and Zonda'.

Web sites: www.midoceanpartners.com , www.hanleywood.com and www.meyersresearchllc.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.