Lake Capital Buys ORC from Infogroup--UPDATED

Chicago-based private equity firm Lake Capital Management has acquired the global market research firm ORC International from Infogroup. Terms of the deal were not released. The deal is the latest in a string of changes at Infogroup, including a company structure more focused on its core business, and new hires across the company. ORC International was acquired by Infogroup in 2006. UPDATE: Reed Phillips of Desilva + Phillips provided financial advice to Lake Capital.

DealsNorth AmericaUSBriefs