HALIFAX– Atlantic Canada’s leading market research company’s ownership is changing hands at the end of this year.
Don Mills, chairman and CEO of Corporate Research Associates Inc. (CRA), announced Wednesday that the company will be sold, effective December 31, to three members of his senior management team: Margaret Brigley, Margaret Chapman and Peter MacIntosh. Margaret Brigley will assume the role of CEO at that time.
“It has always been my preferred option to have the Company owned by those who helped me build it and to continue to be owned by Atlantic Canadians. Collectively, these three individuals have more than 50 years with CRA,” said Mills in a release. “This transition plan has been in place for some time and coincides with the 40th Anniversary of the Company that I co-founded.”
Corporate Research Associates has a team of 30 research professionals, with offices in Nova Scotia, New Brunswick, Newfoundland & Labrador, Ottawa, and Bermuda.
Following the acquisition, Mills will assume the role of chairman of the board and senior counsel for the company.
“Our team is second-to-none, providing an exceptional commitment to research excellence, quality service and actionable insights,” said Margaret Brigley. “While the corporate values that this Company was founded on will certainly continue, we’re excited about what the future will bring.”