IM Solutions is a provider of online lead generation services to legal professionals through its proprietary lead management software and service solutions. The company is based in Dallas, TX (www.newclient.us).
LeadingResponse provides lead generation marketing services for clients in the financial services, legal, insurance, healthcare and other vertical markets. Products include online leads, direct mail, radio, and seminars. The company is based in Stamford, CT (www.leadingresponse.com).
This is the second add-on acquisition completed by Huron for LeadingResponse. In July 2008, the company acquired Response Mail Express, a provider of direct marketing services for customers in the financial services, insurance, and mortgage sectors based in Tampa.
Huron Capital Partners invests up to $70 million per transaction in middle market companies that have revenues up to $300 million and EBITDAs of $5 million or more. Typical transaction values are from $20 million to $200 million. Sectors of interest include niche manufacturing, distribution and business services. Since its founding in 1999, Huron has acquired or invested in 60 companies with aggregate revenues in excess of $1 billion. Huron Capital currently manages over $600 million in committed equity through three private equity funds, and has offices in Detroit and Toronto (www.huroncapital.com).
© 2012 PEPD • Private Equity’s Leading News Magazine • 10-15-12