Marlin & Associates initiated this transaction, helped manage the process, assisted in the negotiations and acted as exclusive strategic and financial advisor to Standard & Poor's, a division of The McGraw-Hill Companies.
"We are pleased to have helped S&P to develop and evaluate strategic alternatives for Vista, and to advise them on this transaction," said Ken Marlin, M&A's managing partner. "Vista and Guidepoint are among the leading expert networks in the country. Their strengths are complementary, and the combination should bring considerable benefits to the customers and employees of both organizations. Together, they should be a formidable presence in the industry."
According to the Guidepoint press release: The strategic combination of over 130,000 global experts creates one of the largest industry networks in the world, strengthening Guidepoint's leadership in the expert network field and building on its healthcare expertise with Vista's depth and breadth in Technology, Media, Telecommunications, Energy, Industrials, Retail, Financial Services, and Leisure and Gaming sectors. Additionally, the complementary union provides clients with a global reach through offices and dedicated recruiters in the United States, Europe, and Asia. With the acquisition of Vista Research, Guidepoint Global will expand its team of client service professionals and recruiters to support a client base that includes many of the world's leading private equity firms, mutual funds, hedge funds, strategy consultancies and multinational companies.
"In the current economic climate, investors and business decision makers are increasingly seeking on-demand knowledge and insights through expert networks," said Albert Sebag, CEO of Guidepoint Global. "Guidepoint's acquisition of Vista, a pioneer in the expert network field, gives our clients access to one of the most comprehensive primary research networks in the world, delivered with the single-minded focus on customized service that they have come to expect."
According to the McGraw-Hill press release: "The divestiture of Vista Research advances our business portfolio management strategy of directing resources to businesses where we have the best opportunities for achieving significant financial growth, higher margins and market leadership," said Harold McGraw III, chairman, president and chief executive officer of The McGraw-Hill Companies. "This will allow us to bring even greater focus to expanding Standard & Poor's Investment Services position as the world's leading provider of independent investment research, analysis, data and opinions for investment managers and advisors."