Forrester Research, Inc. (Nasdaq: FORR) (www.forrester.com) has acquired JupiterResearch, LLC (www.jupiterresearch.com) and its parent company, JUPR Holdings, Inc., from MCG Capital Corporation (www.mcgcapital.com), for $23 million in cash plus assumed liabilities, subject to post-closing adjustments.

JupiterResearch has 82 employees and 2007 revenues of approximately $14 million. Forrester, with 2007 revenues of $212 million, now has more than 1,000 employees. This strategic purchase complements Forrester’s syndicated business model, as JupiterResearch joins Forrester’s Marketing & Strategy Client Group, which contributed $46.4 million to Forrester’s total revenue in 2007.

The Jordan, Edmiston Group represented Forrester Research in this transaction and acted as its exclusive financial advisor. For more information, click here.