Daily News

View All News

US – Huron Buys Legal Staffing Firm

June 26 2012

Huron Consulting Group Inc. (NASD: HURN) struck a deal to acquire AdamsGrayson, a managed review and legal staffing firm, for $21.5 million in cash and $10 million in deferred payments. The deal is expected to close in July.

Washington-based AdamsGrayson was founded in 1998 and serves law firms and corporate law departments. It operates a document review facility in Washington with more than 200 seats.

The deal calls for AdamsGrayson President Caleb King and Managing Partner Peter Gronvall to become managing directors at Huron Legal, a division of Huron Consulting Group. AdamsGrayson’s approximately 15 employees will also join Huron Legal.

“AdamsGrayson is a very exciting addition to Huron Legal,” said Huron Consulting President and CEO James Roth. “AdamsGrayson and Huron are well matched in terms of our business models and go-to-market strategies. AdamsGrayson will also provide Huron Legal with a stronger presence serving customers in the vibrant Washington, D.C. area, supporting the continued growth of Huron’s business throughout the East Coast.”

Huron Consulting is based in Chicago.

Comments

Add New Comment

Post comment

NOTE: Links will not be clickable.
Security text:*