Huron Consulting to acquire US assets of ADI Strategies

Huron Consulting Group Inc., a Chicago-based provider of business consulting services, today said that it plans to acquire the US assets of ADI Strategies, Inc., a leading enterprise performance management, risk management, and business intelligence firm focused on implementing the Oracle enterprise application suite.

Financial terms of the deal were not disclosed.

San Francisco-based ADI Strategies is an Oracle Platinum Partner that helps companies work more effectively by designing, building and implementing analytic solutions to give clients a greater understanding of their information assets.

Huron, which is also in the process of acquiring the international assets of ADI Strategies, Inc. in Dubai and India, said, ''Our businesses are rapidly growing and highly complementary, and combining them will better position Huron to support the financial, operational, and technology-related needs of our expanding global client base with a stronger, more robust team and broader solutions''

Both the transactions will create one of the largest and fastest growing Oracle application and analytics practices, delivering the latest advisory and technology consulting services to a broader client base.

''Our businesses are rapidly growing and highly complementary, and combining them will better position Huron to support the financial, operational, and technology-related needs of our expanding global client base with a stronger, more robust team and broader solutions,'' said Jay Laabs, managing director and EPM&A practice leader at Huron Consulting Group.

For reporting purposes, ADI Strategies will be included in the Huron Business Advisory segment.