HGGC to invest in SSI

HGGC has agreed to acquire a majority stake in Survey Sampling International. No financial terms were disclosed. As a result of the transaction, Providence Equity Partners and Sterling Investment Partners, SSI's joint owners, will retain minority stakes in the business. Also, Rich Lawson, CEO and managing partner of HGGC, has been named chairman of SSI's board while Steve Young, managing partner of HGGC will also join the board. Based in Shelton, Conn., SSI is a provider of data solutions and technology for consumer and business-to-business research.

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