NEWS9 September 2019

Savanta buys HSR Associates

M&A News North America

US – Global intelligence business, Savanta, has acquired New-Jersey based marketing research consultancy HSR Associates, for an undisclosed amount.

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Founded in 1975, boutique research agency Hase/Schannen Research Associates (HSR Associates) offers custom strategic research services to corporations across a variety of industries in the US and abroad.

Vin DeRobertis, Americas CEO at Savanta, said: “We are delighted to add HSR Associates to our group. The firm directly aligns with our strategy to add complex insights and consulting services to our research offerings. With HSR, we will be able to continue our growth and accelerate our future expansion by broadening our reach to more sectors.” 

Dr. Elliot Schwartz, president of HSR added: “Joining Savanta gives us immediate access to a more extensive operational foundation, allowing us to broaden our offerings to our clients. Our staff are excited about this next step in the evolution of our firm and thrilled to be part of the Savanta organisation.” 

This acquisition takes Savanta’s global team to more than 260 employees, across five offices worldwide.