Thursday , 20 June 2019
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Metrostudy Purchased by Hanley Wood

HOUSTON – Hanley Wood LLC, publisher of Builder magazine with media, information and marketing services company serving the residential, commercial design and construction industries, has acquired Metrostudy.

Based in Houston, Metrostudy, founded in 1975, is a provider of primary and secondary market information to the housing and related industries nationwide.

Metrostudy will be combined with Hanley Wood Market Intelligence, and the merged business unit is expected to operate under the Metrostudy brand name. The complementary strengths and regional footprints of the two companies will give customers several significant advantages, including a wider geographic reach, a simplified and more intuitive user interface, and a more comprehensive platform of products, data and services. Hanley Wood Market Intelligence President, Chris Veator, will continue to lead the business, and he will work closely with Metrostudy’s executive management, Mike Castleman, Jr., Jack Inselmann and Phillip Rassel, each of whom will serve as a Senior Vice President. Metrostudy’s Chief Executive Officer, Mike Castleman, Sr., and President, Mike Inselmann, will remain with the company as senior consultants to facilitate transition.

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