WALTHAM, Mass., March 30, 2015 (GLOBE NEWSWIRE) -- The Cadmus Group, Inc. (Cadmus) announced today that it has concluded a deal to acquire evaluation and market research firm TecMarket Works' assets. Cadmus will now be supporting TecMarket Works' cutting-edge energy utility clients in Ohio, Indiana, Kentucky, North Carolina, and South Carolina.
"Since its establishment nearly three decades ago, TecMarket Works has earned a reputation as a pioneering evaluator of demand-side management programs," said President and CEO Ian Kline. "I am delighted to welcome their exceptionally skilled staff to Cadmus, and I look forward to working together as we support programs by some of the most innovative clients in the industry."
The acquisition of TecMarket Works' assets allows Cadmus to expand into new projects with exciting clients whose programs are setting the pace for their industry. This transaction also expands our expertise and capacity, which will further enhance our ability to provide best-in-class advice and solutions to our clients. It's one of many steps Cadmus is taking to ensure we play a leading role on the issues that will shape the industry over the coming years and beyond.
TecMarket Works founder Nick Hall, a long-time leader in the DSM industry, is retiring from TecMarket Works to take on new roles within the energy service industry and will not be joining Cadmus.
About The Cadmus Group, Inc.
Cadmus is an employee-owned consultancy committed to helping our clients address complex challenges by applying diverse skills and experiences in a highly collaborative environment. By assisting our clients in achieving their goals, we create social and economic value today and for future generations. Founded in 1983, we leverage our staff's exceptional expertise in the physical and life sciences, engineering, social sciences, strategic communication, architecture and design, law, policy analysis, and the liberal arts to provide an array of research and analytical services in the United States and abroad. See more at www.cadmusgroup.com.
CONTACT: George Evanko The Cadmus Group, Inc. (703) 247-6196 firstname.lastname@example.orgSource:The Cadmus Group