| Wicks Communications & Media Partners III, L.P. announces the acquisition of assets of Harris Connect, Inc. |
Press Release: 9/15Wicks Communications & Media Partners III, L.P. announces the acquisition of assets of Harris Connect, Inc.New York, September 15, 2008. Wicks Communications & Media Partners III, L.P. a New York-based private equity fund, today announced that its portfolio company, (Harris Connect, LLC), has completed the acquisition of assets of Harris Connect, Inc. ("Harris Connect"), the market leader in alumni and member affinity solutions. Current contracts, services and business relationships will continue uninterrupted for existing clients. Bill Harris, former Chairman and CEO, will stay on as Non-Executive Chairman of the Advisory Board. New CEO, Robert Gluck, will assume his position immediately. For 45 years, Harris Connect has built a tradition of successfully meeting its clients' evolving needs by developing innovative and integrated solutions and services. The acquiring company plans to build upon this foundation and to continue to fuel and augment Harris Connect's current success. Upon stepping into his role as CEO, Robert Gluck said, "We have high expectations for the continued success of Harris Connect business and I look forward to working with the established management team and staff to expand on the products we offer to the various markets we serve." Berkery Noyes represented Harris Connect, Inc. in the transaction. About Wicks Communications & Media Partners III, L.P. (www.wicksgroup.com). About Harris Connect (www.harrisconnect.com). Today, Harris Connect publishes over 600 alumni and membership directories annually, provides Internet services to more than 1,000 leading educational institutions and membership organizations and delivers best-in-class research and modeling solutions to over 1,000 clients. Harris Connect has continued to build both its client base and its reputation by forging diverse relationships, from small private schools, to renowned institutions, to international membership organizations. Click Here for PDF version. |