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July 9, 2007
Abt Associates Acquires Strategy and Policy Research Firm SRBI
Acquisition Joins Two Leading Firms in the Area of
Social Science and Public Policy Research
Cambridge, Mass. - July 9, 2007 - Abt Associates announced it has acquired the strategy and research firm SRBI (Schulman, Ronca & Bucuvalas, Inc.). The acquisition joins the capabilities of two leading research organizations that serve a diverse group of clients including government, universities, foundations, media, and major corporations.
Headquartered in New York City, with offices in Maryland, Florida, Kentucky, New Jersey, and West Virginia, SRBI will operate as a wholly owned subsidiary of Abt Associates, led by current President and CEO Mark A. Schulman, Ph.D.
SRBI, founded in 1981, is one of the nation's fastest growing and highly regarded full service survey and market research organization. SRBI ranked 18th in growth among all major U.S. research organizations according to the latest rankings by the highly-regarded industry newsletter, Inside Research.
Abt Associates is one of the largest, non-partisan, government and business research and consulting firms in the world. Abt Associates applies scientific research and technical assistance expertise to a wide range of social, economic, and health, and policy issues, international development, clinical trials and registries, and complex business problems.
SRBI President and CEO, Mark Schulman, commented, "We are very excited about the opportunity to be part of Abt Associates. Our respective clients are going to benefit directly from the additional capabilities in both organizations. From our point of view, this is an excellent fit of clients, operations, and cultures. At their core, both companies are about excellence in research."
Abt Associates President and CEO, Wendell J. Knox, said, "I am extremely pleased about the combination of Abt Associates and SRBI and what it will mean for our clients and staff. Both organizations' capabilities are highly complementary. The opportunities this will afford us in the market are significant, including being able to compete for a broader range of projects and increasing our overall market share."
Since its founding in 1965, Abt Associates has provided services to U.S. federal, state and local governments; foreign governments; international organizations; foundations; and business and industry. The company's staff of over 1,000 is located in offices in Cambridge, Lexington, and Hadley, Massachusetts; and offices in Bethesda, Maryland; Chicago, Illinois; Durham, North Carolina; and over 35 project offices around the world.
Abt Associates applies its expertise in economics, statistics, biostatistics, medicine, data collection and measurement to a wide variety of problems in the public and private sectors. In the United States, Abt Associates has helped shape many important and complex public programs, including Medicaid, welfare reform, Head Start, crime reporting, and housing experiments. The company is also a recognized leader in providing technical assistance to facilitate policy reforms in countries moving to market oriented economies. It has extensive experience in advising countries on economic growth and development. Working with the U.S. Agency for International Development, its experts in agriculture, health, the environment, and trade have helped governments improve service delivery and implement sustainable market-based reforms.
Examples of Abt Associates' work include research, evaluation and technical assistance related to improving the effectiveness of government programs, the efficacy of new pharmaceuticals, the cost-effectiveness of environmental regulations, the usefulness of new education strategies, the efficiency of healthcare systems, the incidence and prevalence of diseases, and the effectiveness of customer satisfaction and market positioning strategies.
SRBI's services include designing, conducting, analyzing, and reporting public opinion, public policy and market research surveys. Its public policy survey research and analysis covers a wide range of topics, including health, environment, epidemiology, veteran's issues, transportation and mass transit, energy, crime and victimization, drug and alcohol abuse, education, and tax policy. It also specializes in market research covering the areas of product and market assessment, customer satisfaction, employee satisfaction, image tracking, and brand equity.
For further information about SRBI and Abt Associates visit: srbi.com and abtassociates.com web sites.
Contact information:
Mark A. Schulman, Ph.D., CEO, SRBI: (212) 779-7700
Richard A. Kulka, Ph.D., Senior Vice President, Head, Survey Methodology and Data Capture Group, Abt Associates: (919) 294-7710
