Futuresource Consulting, BCC Research to merge
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UK-based market research consultancy Futuresource Consulting and Boston-based market research firm BCC Research have announced a merger of the two companies.
“There are strong synergies between BCC Research and Futuresource Consulting which can now be fully realized. The brands share complementary research offerings and together can provide our clients with a greater depth and breadth of research,” says Craig Ive, Interim CEO and portfolio manager of the two companies. “Futuresource has leading technology expertise, while BCC’s strengths lie in the life sciences. These two distinct industries are increasingly interacting with and informing one another, creating opportunities for more robust and expansive research.”
The formal process of the merger began in February 2024, with a targeted completion date of April 2024. Both companies will retain their respective brand identities while sitting collectively under a new name.
“The unification of BCC Research and Futuresource Consulting is an extremely positive step. We will simplify and streamline operational efficiencies, allowing both businesses to run together seamlessly. By uniting the two brands, we are better positioned to get ahead of the rapid technological evolutions close on the horizon,” says Ive. “Both companies can grow together with a stronger foundation.”
The early seeds of the merger are already bearing fruit, with new business projects secured which combine Futuresource’s consumer research with BCC’s robust sector expertise, the company said in a press release.