Announced
Financials
Tags
information services
Friendly
Majority
Private
Private Equity
Acquisition
Domestic
Information / Data Services
Pending
United States
Single Bidder
Synopsis
Hellman & Friedman, a global private equity firm, agreed to acquire a majority stake in The NPD Group, market information provider. Tod Johnson, NPD Executive Chairman, and Karyn Schoenbart CEO would retain a minority stake in the business. Financial terms were not disclosed. “As a leading source of market information and advisory services for general merchandise and foodservice, NPD is committed to helping our clients and the industries we serve achieve data-driven growth for many years to come. H&F shares our focus on long-term growth and has the resources and expertise to not only continue but also accelerate NPD’s momentum and long track record of success. Both Karyn and I are delighted to have the opportunity to partner as minority investors alongside H&F as we work in close collaboration on a long-term strategic plan and transition over time to the next generation of NPD leadership," Tod Johnson, NPD Executive Chairman.
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