Answers Acquires ForeSee Results for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=232f62d5-17e6-4a61-afe3-8f8fdbced777
Date
12/23/2013
Company Name
ForeSee Results
Mailing Address
2500 Green Road Ann Arbor, MI 48105
Company Description
ForeSee Results owns and applies the proven and predictive methodology of the American Customer Satisfaction Index (ACSI) to measurement of online customer satisfaction to help clients determine how to improve customer satisfaction and have the greatest impact on ROI.
Website
http://www.foreseeresults.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
The deal was funded by debt financing from SunTrust Robinson Humphrey and Silicon Valley Bank , and an equity investment in Answers’ parent company, AFCV Holdings LLC , by existing investors including Summit Partners and TA Associates.