Hanley Wood, the parent to Aquatics International, has changed private-equity ownership.
New York-based MidOcean Partners has purchased the company, which specializes in business-to-business media and information services for the construction and real-estate markets, from Oaktree Capital Management of Los Angeles. Simultaneously, MidOcean closed a deal with Meyers Research, a provider of real-time market data and advisory services to the home-building industry. The companies, both of which have divisions that provide market research and data products, will be merged. Meyers does not bring a media operation to the transaction.
Jeff Meyers, founder and president of Meyers Research, will become CEO. “Today marks a historic moment for Hanley Wood and Meyers Research,” he said. “I am thrilled that our organizations have come together as one and look forward to working with these talented teams to continue to push the boundaries of innovation in our industry. The combination of these complementary offerings will enable us to accelerate new product development and deliver the most robust capabilities and services in the industry to our customers.”