DETROIT, Aug. 14, 2012 /PRNewswire/ -- Huron Capital Partners LLC announced today that its portfolio company, LeadingResponse, has acquired IM Solutions, LLC ("IMS"). LeadingResponse is a provider of lead generation and customer acquisition services to clients in a variety of end markets. Based in Dallas, Texas, IMS is a leading provider of online lead generation services to legal professionals through its proprietary lead management software and service solutions.
LeadingResponse CEO, Jim Lyons, commented, "We are thrilled to add IMS to the LeadingResponse platform. Founders John Emerick and Dave Cooke have done an excellent job of establishing IMS as a leader in the legal industry. Their online model and propriety software provide a perfect complement to LeadingResponse."
Huron formed LeadingResponse in 2008 with the acquisition of Tampa-based RME, LLC, a provider of lead generation services in the financial services and other vertical markets.
Madison Capital and Midwest Mezzanine provided financing for the transaction. Honigman Miller Schwartz & Cohn served as legal counsel to LeadingResponse.
About Huron Capital Partners LLC
Huron Capital is an operationally-focused private equity firm with a successful track record of making lower middle-market companies bigger and better. We invest up to $70 million to sponsor management buyouts, buy & build strategies, corporate spin-offs, and recapitalizations of niche manufacturing, specialty service, and value-added distribution companies having revenues up to $300 million. Huron seeks opportunities where it can help companies reach their full potential by combining its operational approach, capital, and transaction experience with proven operating executives who have the vision, experience, and commitment to grow their businesses.
Founded in 1999, Huron has acquired or invested in 59 companies with aggregate revenues in excess of $1 billion. Investments have been made in the USA and Canada in a variety of areas, including document management, education, healthcare products & services, specialty chemicals, specialty packaging, consumer products and apparel, home decor, engineering services, food and beverages, office furniture components, and laboratory testing. Huron Capital has raised over $600 million in committed equity through three private equity funds, and has offices based in Detroit and Toronto. For more information, visit www.huroncapital.com.
SOURCE Huron Capital Partners LLC