MidOcean acquired and merged Hanley Wood, the leading B2B media and information services company serving the U.S. residential construction industry, and Meyers Research, the leading provider of real-time market data and advisory services to the home building industry. The merger, rebranded to Zonda in 2020, creates one of the residential construction industry’s most comprehensive information and advisory services platforms.
Hanley Wood is a premier company serving the information, media, and marketing needs of the residential, commercial design and construction industry. Utilizing the largest analytics and editorially driven construction industry database – powered by Metrostudy – the company provides business intelligence and data-driven services. The company produces award-winning media, high-profile executive events, and strategic marketing solutions.
Meyers Research is the housing industry’s leading provider of rich data for residential real estate development and new home construction and a leading advisor to the real estate development industry. Headquartered in Costa Mesa, CA, the company developed the innovative Zonda iPad application geared for homebuilders, multifamily developers, lenders and financial institutions to analyze the latest housing market trends and inform the strategic thinking behind its premier consulting practice.
MidOcean has maintained a longtime institutional focus on the B2B information services space, including through its current investment in Questex and its prior investment in Penton. MidOcean’s industry knowledge and significant operating resource talent will be valuable in successfully executing the company’s strategic growth plan. MidOcean believes that this transformational merger creates a significantly expanded offering for customers and provides for greater benefits and growth opportunities than either company could have achieved alone.
Strategic Growth Through Acquisition
Add-On Acquisition Criteria
Status: Actively seeking add-ons
Data, SAAS and technology-enabled services related to residential, multi-family and commercial construction
Target Geographies: Global,
primary focus is North America
Size: Up to $50m EBITDA