Consilio Announces Intent to Acquire the Huron Legal Practice of Huron Consulting Group
Complementary strengths will create one of the leading global eDiscovery, document review and legal consulting service providers
WASHINGTON, D.C., LONDON AND FRANKFURT – December 10, 2015 – Consilio, a global leader in eDiscovery and Document Review Services, has announced a definitive agreement to acquire the Huron Legal practice of Huron Consulting Group (NASDAQ: HURN), a leading provider of business consulting services. Upon closing, the combined organisation will become one of the largest global eDiscovery, document review and legal consulting service providers.
Huron Legal is one of Huron Consulting Group’s four operating segments and offers a variety of services to law firms and corporate law departments including eDiscovery, document review, information governance and compliance, law department management and legal analytics. Huron Legal has operations primarily in the U.S., including Chicago, Charlotte, Raleigh, Miramar, New York, Washington, D.C., San Francisco and Houston, as well as international locations in London, U.K. and Gurgaon, India.
“The acquisition of Huron Legal aligns with our strategy to create greater scale, which enables us to broaden our geographic coverage, enhance our technology offerings, and deliver more efficient solutions to our clients,” said Andy Macdonald, Consilio’s chief executive officer. “We are excited to welcome Huron Legal’s more than 450 employees to Consilio at closing. The strength and depth of its team in the U.S. market combined with our considerable global capabilities will be a significant benefit to our multinational client base.”
“We have tremendous respect for Consilio, and, upon closing, the combination of the two businesses will create an organization with impressive global scale and an incredible team of experts who can support the wide-ranging and complex issues facing the legal industry,” said James H. Roth, president and chief executive officer, Huron Consulting Group.
“We are excited about the prospect of joining Consilio,” added Bob Rowe, executive vice president, Huron Legal. “We are committed to integrating the two practices at closing to create a client-focused business with a unique portfolio of global capabilities to help serve our clients’ legal services needs.”
The transaction is expected to close by December 31st, 2015 followed by an integration period of several quarters as the two businesses align systems and processes.
