Infogroup

Infogroup is a provider of marketing services for salespeople, marketers, and professionals.

Infogroup
Private
IndustryData and Marketing
Founded1972
FounderVinod Gupta
Headquarters,
Key people
Michael L. Iaccarino (CEO)
OwnerCourt Square Capital Partners
Number of employees
2,000
Websiteinfogroup.com

History

Infogroup was founded in 1972 as a company called Business Research Services that compiled and provided lists to mobile home manufacturers. The company changed its name to American Business Lists and then to American Business Information (ABI). By 1986, ABI had recorded the Yellow Pages into its database, which customers could access in various forms including floppy disk, pre-printed labels and CD-ROM.[2]

The company became publicly traded on the NASDAQ exchange in 1992. ABI was renamed infoUSA in 1998.[3] In 2008, the company changed its name to Infogroup to "reflect its global expansion."[4]

In 2010, CCMP Capital purchased Infogroup for $460 million.[5] At the time, former CEO Bill Fairfield said the move to private would give the company more flexibility with serving customers. In 2017, CCMP Capital sold the company to Court Square Capital Partners.[6] On February 4, 2019, Infogroup named its Dallas office, where the company's executive offices are located, as its corporate headquarters.[7]

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References

  1. Infogroup. Retrieved November 16, 2017.
  2. Graves, Jacqueline M. "Building a Fortune on Free Data Vinod Gupta is a Multimillionaire Because He Sells the Information That Other Entrepreneurs Need to Stay in Business". Fortune'. February 6, 1995. Retrieved November 15, 2017.
  3. "American Business Information Has a New Name—infoUSA—and a New Web Site". Information Today, Inc.'. August 17, 1998. Retrieved November 16, 2017.
  4. Hane, Paula J. "infoUSA to become infoGROUP Effective June 1, 2008". Business Wire'. April 28, 2008. Retrieved November 16, 2017.
  5. Lattman, Peter, and Jeffrey McCracken. "CCMP to Acquire Infogroup in an LBO". The Wall Street Journal. March 8, 2010. Retrieved November 16, 2017.
  6. Funk, Josh. "Infogroup sold to CCMP Capital". The Lincoln Journal Star. March 8, 2010. Retrieved November 16, 2017.
  7. "Infogroup Continues Strong New Logo Momentum Heading Into Q1". Cision PR Newswire'. February 4, 2019. Retrieved April 11, 2019.
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