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Huron Consulting To Buy Threshold Consulting; Terms Not Disclosed - Quick Facts

Huron Consulting Group Inc (HURN), a provider of business consulting services, announced Monday that it has entered into an agreement to acquire Threshold Consulting, Inc. Terms of the transaction were not disclosed.

Threshold is a provider of cloud-based Software as a Service applications, data warehousing and business intelligence solutions, as well as customer relationship management consulting capabilities.

The acquisition is expected to be completed in early October, subject to certain customary closing conditions. The deal will result in more than 10 Threshold professionals joining Huron. For reporting purposes, Threshold will be included in the Company's Huron Business Advisory segment.

James Roth, chief executive officer and president, Huron, said, "This acquisition will expand Huron's offerings to the C-suite, which helps executives and institutions utilize data as a strategic asset to enhance analytics and drive improved business performance."

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