NEWS24 July 2017

MRSS buys Market Probe

Asia Pacific M&A News

INDIA – Tech-focused market research company Majestic Research Services and Solutions (MRSS) has acquired Singapore-based market research company Market Probe Asia Pacific from its US parent, Market Probe.

The details of the cash deal were not disclosed. Market Probe Asia is a full service research agency with about 50 staff covering projects across public, private and government sectors. It is one of the select few market research firms licensed to undertake Singapore government projects valued at SG$ 10 million.

Raj Sharma, chairman, MRSS India said: “We had three criteria for acquisitions – captive client base, specialised capability and geographical reach. The Market Probe Asia acquisition acts as a gateway to growth markets such as Indonesia, Thailand and Vietnam.”