451 Group Acquires Yankee Group
The 451 Group, the corporate parent of 451 Research and Uptime Institute, has acquired Yankee Group, a research, data and advisory firm focused on mobile, from Alta Communications, a Boston-based
private equity firm. Founded in 1970 by Howard Anderson, Yankee Group emerged as the first independent information technology market research and advisory firm focused on the communications industry.
Since 2010, Yankee Group has been led by CEO Terry Waters. Post-acquisition, Mr. Waters will continue as CEO of Yankee Group, reporting directly to Mr. McCarthy, who will also serve as Yankee Group