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Dynata

From Wikipedia, the free encyclopedia
Dynata
Company typePrivate
IndustryMarket Research
Founded1977
HeadquartersShelton, CT, USA
Websitewww.dynata.com

Dynata LLC is an American company that performs consumer and business-to-business survey research.

History

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SSI was founded in 1977 by Tom Danbury and Beverly Weiman.[1] In 2005, SSI acquired Bloomerce bv of the Netherlands, an online sampling company in Europe.[2] SSI now manages proprietary online panels (under the names SurveySpot, Opinion Outpost, OpinionWorld, and Choozz).

In 2009, the firm played a role in launching the industry co-initiative, Research Voice.[3] Research Voice (www.research-voice.com) is a forum inviting all members of the marketing research chain—suppliers, researchers, end clients, consultants, associations, and participants themselves—to come together and express ideas on the development of innovative approaches to gathering opinions.

In July 2011, Survey Sampling International announced its merger with Utah-based Opinionology. Though a merger, the newly formed sampling and data collection company continues to operate under the SSI brand.[4][5]

On December 17, 2014, HGGC, a middle market private equity firm announced it had completed its majority investment in the parent company of SSI.[6] Though HGGC bought control of SSI, Providence Equity Partners and Sterling Investment Partners retained minority stakes in the business. Under the terms of the deal, Rich Lawson, HGGC's chief executive, became chairman of SSI. Steve Young, a former professional football quarterback who is a partner at the private equity firm, also joined the board.[7]

As of February 2015, SSI had 25 global offices in 18 countries, with its corporate headquarters in Shelton, CT, USA. It has over 3,300 employees globally, and more than 3,000 customers, including market research and consulting firms, Fortune 500 businesses, and universities.[8]

In December 2017, an SSI office in the New City Commercial Center, Davao City, Philippines was destroyed in the 2017 Davao City mall fire with the loss of 37 employees. 83 SSI employees survived. Charges were filed against SSI but later dropped. SSI CEO Gary Laben announced that the firm will arrange counseling for its employees and will assist in the funeral arrangements for the victims. Laben added that a fund will be created to assist the families of the victims.

On December 20, 2017, Survey Sampling International merged with Research Now to become[9] Research Now SSI.

On January 15, 2019,[10] Research Now SSI rebranded as Dynata, which is how the company is now known.

In May 2024, Dynata filed for a prepackaged Chapter 11 bankruptcy reorganization in order to eliminate up to 40% of its total debt. The company is planning for its bankruptcy plan to be approved by early July 2024.[11]

References

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  1. ^ "Paid Notice: Deaths DANBURY, TOM". query.nytimes.com. Retrieved 2022-07-21.
  2. ^ "SSI moves into Europe with Bloomerce buy | News". Research Live. Retrieved 2022-07-21.
  3. ^ "Coke and Unilever to trial ARF online quality programme | News". Research Live. Retrieved 2022-07-21.
  4. ^ "Survey Sampling International and Opinionology to Combine, Creating the Only Complete, Global Sampling, Data Collection and Data - Bloomberg". Bloomberg News. 2015-02-07. Archived from the original on 2015-02-07. Retrieved 2023-05-25.
  5. ^ "SSI and Opinionology finalise merger | News". Research Live. Retrieved 2022-07-21.
  6. ^ HGGC http://www.hggc.com/media/19729/hgcc_ssi_pr_announcement_final_11-9-14__1_.pdf
  7. ^ The New York Times http://dealbook.nytimes.com/2014/11/10/hggc-to-buy-control-of-survey-sampling-international/
  8. ^ MarketWatch http://www.marketwatch.com/story/ge-antares-provides-330-million-to-support-hggcs-majority-ownership-investment-in-survey-sampling-international-llc-2014-12-19
  9. ^ "Research Now And SSI Merger Successfully Completed | Dynata". www.dynata.com. Retrieved 2023-12-06.
  10. ^ "Announcing New Name And Brand Research Now SSI Is Now Dynata". www.dynata.com. Retrieved 2023-12-06.
  11. ^ Kay-McClean, Liam (May 23, 2024). "DYNATA APPLIES FOR CHAPTER 11 IN US BANKRUPTCY COURT". Research Live. Retrieved May 30, 2024.