LBC Credit Partners served as agent on a $60 million senior secured credit facility to support STG Partners’ acquisitions of Market Strategies International and Morpace.
Market Strategies and Morpace will be fully integrated and co-located under a new brand to be announced later in 2018 and will remain headquartered in Michigan. The combined organization will be the 15th largest market research firm in the United States with blue-chip clients from around the globe.
Market Strategies and Morpace serve the automotive, consumer/retail, energy, financial services, health, technology and telecommunications industries. Their research specialties include brand, customer experience, product development and segmentation.
STG Partners is a Palo Alto, CA-based private equity firm which focuses on high potential software and technology-enabled services companies.
