Hugh Jones, President of Accuity, has assumed the same role with NRS and is now responsible for managing the daily operations of both businesses. John Gebauer, formerly President of NRS, has taken the role of Managing Director for NRS.
Accuity and SourceMedia are both owned by Investcorp, a private equity firm based in London and New York. No transfer of ownership is involved with this management restructuring.
"The greater scale and reach, particularly into markets outside of the U.S., afforded by this reorganization will allow our business to respond more quickly and more broadly to the rapidly changing regulatory environment," said John Gebauer.
"Because we operate in both parallel and, oftentimes, overlapping market segments with NRS, the reorganization offers strategic synergies on the compliance side of Accuity's business," said Hugh Jones. "The consolidation of management between Accuity and NRS will benefit thousands of current and prospective customers by enabling access to a significantly more comprehensive array of compliance solutions."