Credit: Shutterstock photoBusiness consulting services provider Huron Consulting Group HURN recently announced the acquisition of Rittman Mead India, the India affiliate of UK based Rittman Mead Consulting Ltd., for an undisclosed amount.
With an expert team of enterprise performance management (EPM) and analytics systems professionals, Rittman Mead India aims to provide value to customers by implementing Oracle EPM services. This acquisition enhances Huron's EPM and Analytics offerings globally and especially in the local Indian market. With complimentary service offerings and operating cultures, the combined company is likely to extend its client portfolio in the near future, thereby augmenting revenues. Both companies have expertise in solving business as well as complex technical issues and these services are likely to strengthen Huron's service portfolio.
Recently conferred with the India Oracle Business Analytics Partner of the Year 2015 award, Rittman Mead India is expected to be a valuable addition to Huron. Over 40 professionals, including the Rittman Mead India head, will be joining Huron.
With in-depth analysis, customized advice and tailor-made solutions for sustainable and measurable results, Huron helps clients in diverse industries to improve performance, reduce costs, leverage technology, address regulatory changes and stimulate growth. The company offers consulting services to healthcare organizations, leading academic institutions, Fortune 500 companies, governmental entities and law firms.
Huron currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include FTI Consulting, Inc. FCN ) carrying a Zacks Rank #1 (Strong Buy), Accenture plc ACN and Stantec Inc STN , both carrying a Zacks Rank #2 (Buy).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
