Infogroup, Inc. (IUSA) said Thursday that it has closed on its acquisition by affiliates of CCMP Capital Advisors, LLC and announced its new executive leadership team and Board of Directors.
Clare Hart has been appointed Infogroup's President and Chief Executive Officer. Ms. Hart most recently served as President of the Dow Enterprise Media Group. Prior to that appointment she was a founding member and ultimately President and Chief Executive Officer of Factiva, when it was a joint venture of Dow Jones and Reuters.
Rich Zannino, CCMP Capital Managing Director, was appointed Chairman of Infogroup's newly constituted Board of Directors.
In March, Infogroup had said that it entered into an agreement to be acquired by affiliates of CCMP Capital Advisors, LLC in a deal with a total value of about $635 million, including the refinancing of Infogroup's outstanding indebtedness.
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