VisasQ Inc. (“VQ,” Meguro-ku, Tokyo; CEO Eiko Hashiba) hereby announces that VQ has acquired 100% of the issued shares as of November 1, 2021 of Coleman Research Group, Inc. (“Coleman,” New York, US; CEO Kevin Coleman), a US-based Expert Network Service firm (“ENS”, a service that fulfills clients’ needs for insights and advice with expert interviews) expanding globally, and to position Coleman as a subsidiary (the “acquisition”).
Becoming a knowledge platform of over 400,000 experts in Japan and abroad
VQ operates a knowledge platform with our mission of “Connecting Insights and Aspirations Across the Globe”. We aim to become the No1 knowledge platform by accumulating a database of domestic and international experts with their insight information and connecting them with client’s needs to help solve a range of challenges such as new business development and business growth.
As an important first step to achieve this goal, VQ announced to acquire Coleman, a leading ENS firm in the United States, on August 18, 2021, and today completed the acquisition of Coleman’s shares.
Providing services utilizing our integrated databases
An integrated platform of VQ and Coleman will have more than 400,000 experts, 7 locations worldwide (3 in the US, 1 in Europe, and 3 in Asia), and over 350 committed employees.
With over 400,000 experts on the integrated platform, the majority of experts will be from outside of Japan, giving clients unparalleled access to insights globally.
VQ and Coleman will provide the following services by utilizing the expert databases mutually.The main services are as the following:
Expert Interview : A service to interview experienced industry/sector experts for 1-hour online or by phone. Interviews can be set with the most suitable experts from a database of over 400,000 experts in Japan and abroad, including Coleman’s database. Interpreters can be arranged.
Expert Survey : A web-based survey that specializes in BtoB areas that are difficult to approach. Primary information can be collected through questionnaires from a wide range of panels, including Coleman’s expert database, enabling VQ to conduct customer and industry trend research globally.
Research : A service that a research professional conducts the entire process on behalf of clients from research design and interview conduction to report completion. The service covers Coleman’s database, enabling overseas market research quickly.
VQ and Coleman’s leadership commitment by mutually becoming directors
At the extraordinary general meeting of shareholders of VQ held on October 20, it was resolved that Mr. Kevin Coleman, CEO of Coleman, will become the director of VQ effective today. At the same time, Eiko Hashiba, CEO of VQ, and Hidetoshi Uriu, COO of VQ, are planned to be appointed to the Board of Directors of Coleman. COO Uriu will be stationed in the United States and work closely with Coleman’s members to realize integration.
Together with our powerful partner, Coleman, we will build a knowledge platform that will contribute to innovation across the globe.
(Left) Kevin Coleman, CEO of Coleman (Right) Hidetoshi Uriu, COO of VQ
Kevin Coleman, CEO of Coleman / Director of VQ
Kevin C. Coleman is a graduate of the University of Colorado at Boulder, and holds an MBA from Babson College – Franklin W. Olin Graduate School of Business.. He joined Dean Witter Reynolds, Inc. (now Morgan Stanley) in 1991, and Multex, a global financial information provider, in 1996 and served as Vice President of Sales. Kevin founded Coleman in 2003, and will serve as CEO of Coleman and as a member of the board of directors of VQ starting November 1, 2021.
■ VisasQ Inc.
With its mission of “Connecting Insights and Aspirations Across the Globe”, VQ operates a knowledge platform that promotes innovation across the globe. By utilizing its knowledge base of over 400,000 experts in Japan and abroad, VQ matches individual expertise through technology and its extensive operations to help solve a range of challenges such as research on industries or needs in new business development, human resource development, and global business expansion. VQ was awarded the “Asia Pacific Technology Fast 500” in 2019 and 2020 consecutively. VQ became a listed company on the Tokyo Stock Exchange on March 10, 2020.
■ Coleman Research Group, Inc.
- Company Name: VisasQ Inc.
- Headquarter: Sumitomo Fudosan Aobadai Hills 9F-10F; 4-7-7 Aobadai, Meguro-Ku, Tokyo 153-0042
- Established: March 19, 2012
- Representative: Eiko Hashiba, CEO
- Business Description: One of the largest(*) business knowledge platform in Japan / VQ also provides project-based support in new business development and organization development (*by the number of registered experts, 400,000+ as of November 2021)
- Security Code: 4490 (TSE Mothers)
Coleman has over $43 million in transaction volume and over 260,000 registered experts, and operates a network Coleman has a transaction volume of over $43million, and provides an expert network service of industry experts that support business decisions, leveraging its over 260,000 registered experts and 5 offices around the world, including the United States, London, and Hong Kong. The products, operations, and compliance framework offered by Coleman have earned high praise from the world’s top investment firms, institutional investors, and consulting firms. By making full use of its proprietary technology, dedicated staff, and a global network of experts in 190 countries, Coleman provides clients with speedy access to qualified insights.
■ For media inquiries regarding this news release
- Company Name: Coleman Research Group, Inc.
- Headquarter: 2711 Centerville Road, Suite 400, Wilmington, 19808, County of New Castle, State of Delaware, USA
- Founded: 2003 (Established: January 3, 2006)
- CEO：Kevin C. Coleman
- Business Description: Expert Network Service
■ For IR-related inquiries regarding this news release
VQ IR: Miyagi