As part of the agreement, CRA will also inherit three senior academic consultants, a vice president, and other consultants; staff acquisition is ongoing and the total number is yet to be finalized. Financial terms of the deal were not disclosed, but the buy is expected to be accretive to earnings in FY2001.
"This acquisition is a strategic complement to our existing core practice areas," states Phil Cooper, CRA's VP of corporate development. "Not only does it strengthen several of our vertical practices, it enhances our geographic presence on the West Coast."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.