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MarketLine Research Acquired By Canadian-Based Public Company

Top Quote Sunbelt Business Advisors facilitated the sale of Mpls-based MarketLine Research, Inc. to Ottawa-based In-Touch Survey Systems, Ltd. End Quote
  • Minneapolis-St. Paul, MN-WI (1888PressRelease) May 28, 2008 - MarketLine Research Acquired by Canadian-based Public Company ST. PAUL, MINN (May 27, 2008) - Sunbelt Business Advisors reported that it facilitated the sale of Minneapolis-based MarketLine Research, Inc., to Ottawa-based In-Touch Survey Systems Ltd. (INX on the TSX Venture Exchange).

    Sunbelt was retained by the four principals of MarketLine Research, a firm founded in 1995 that specializes in telephone and internet based customer surveys and analysis. The company’s customers included large and small for-profit businesses as well as educational institutions and government entities.

    John Schamber, MarketLine’s CEO, said “Sunbelt business broker Dan Mulvaney was a tremendous help in guiding us through the process of selling our business. We benefited from his experience and professionalism throughout the process. He communicated with both sides, offered expert advice and brought a fresh perspective to our discussions. We also benefited from the strength of his broad network in that serious interest was generated from potential we never expected. There are an amazing number of details to manage and through it all Dan was a pleasure to work with.”

    In-Touch CEO Michael Gaffney commented “MarketLine provides In-Touch with a new complimentary data collection technology, which strengthens and broadens our product line, along with new customers and a sales and service hub for the Midwest USA. The addition of the MarketVu technology moves In-Touch closer to our strategic goal of being the leading supplier of real-time, mobile, data collection and reporting technology to Fortune 1000 marketing and operations departments. We are looking forward to the immediate positive impact from MarketLine to increase In-Touch revenues."

    “Sunbelt was able to create a competitive bidding marketplace for the Seller” said Mulvaney, Sunbelt Midwest’s top producing agent since 2005. “In-Touch aggressively pursued the acquisition and, after it had concluded the viability of purchase, was encouraged to move quickly with a full-price offer that was later accepted. In-Touch’s speed allowed it to capture the transaction despite interest from other buyers both locally and nationally.”

    Sunbelt Business Advisors focuses solely on helping people sell and buy businesses. Sunbelt Midwest has offices in Minnesota, Wisconsin and Illinois and is part of Sunbelt’s worldwide network of 300 offices. For more information, visit www.sunbeltmidwest.com or call 651.484.2677

    Contact: Dave Maiser at 952.345.7262
    Dan Mulvaney at 612.860.0047
    www.mulvaneysun.com

    http://www.brandspringsolutions.com

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