MCG continues making acquisitions ! It had four specialist consultancies: Ineum Consulting, Proudfoot Consulting, Parson Consulting and Salzer Consulting.
It's a smart strategy by MCG to keep the brands separate and offer different services to the clients in different brands.
Britain's Management Consulting Group Plc said on Wednesday it has agreed to buy Atlanta-based retail consulting firm Kurt Salmon Associates for $125 million.
Management Consulting said the deal, under which it is paying $75 million in cash, funded through a new debt facility, and the remainder through the issue of new shares, would be earnings enhancing by 2008.