Providence Equity buys into Decision Resources

PROVIDENCE – Providence Equity Partners has purchased a majority stake in Decision Resources Inc., a research and advisory firm focusing on pharmaceutical and health care issues. Details were not disclosed.
The Waltham, Mass.-based consultancy said it will use the additional resources to accelerate its growth.
“We are excited to plan our future with Providence,” said Peter Hoenigsberg, CEO of Decision Resources. “There is a tremendous need for sophisticated, objective health care market research, and Decision Resources has been able to provide that to clients for three decades.”
The company will retain its current management team, led by Hoenigsberg, who will remain as CEO, and co-founder Sarah Fuller, who will remain as president.