We are pleased to announce in October of 2016, The Logit Group, a leading Canadian research execution company, has acquired Cido Research Americas, a trusted international data collection company, to become the largest independently-owned data collection company in Canada.
Springbank Capital acted as the exclusive financial advisor to Cido Research.
About Cido Research:
Founded in 1994, Cido Research is a leading market research firm specializing in data collection services. Headquartered in Mississauga, Ontario with six other offices in Canada, U.S. and Costa Rica, Cido is a leading partner to four of the top five market research organizations in the world.
About The Logit Group:
Founded in 1997, The Logit Group provides online and telephone market research data collection, specializing in consumer studies, business-to-business research, executive research, and customer/employee satisfaction. The Logit Group is headquartered in Toronto, Ontario with offices in Montreal, Canada and Wichita, Kansas.
About Springbank Capital Corp:
Springbank brings investment banking to mid-market businesses in Canada. It offers one-on-one, customized services, an extensive and proven track record of completed deals, and an international reach – all underpinned by an understanding of and passion for what it takes to succeed in the Canadian mid-market. Springbank’s President, Jennifer Chasson, is also a Partner with Zeifmans LLP, a Toronto-based accounting practice that combines the capabilities and world reach of a multinational, with the efficiency and service of an independent practice.