Lon Mandel,CEO of Weehawken, NJ-based Specialists, bought the list management, brokerage,compilation, and insert media business back from Nashville, TN-based ClientLogic. Terms of the deal were not disclosed.
Mandel founded the Specialists in June 1987, in conjunction with majority shareholder LCS Industries. ClientLogic acquired LCS Industries and Specialists in 1999.
The acquisition will allow Mandel to expand the business so that “we can bring in more talent, acquire other companies, and therefore offer more services to our existing client base,” he said in a statement.
ClientLogic, meanwhile, will focus on its business process outsourcing services business.