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Huron Acquires Global Financial Services Consulting Firm Treliant

Huron Acquires Global Financial Services Consulting Firm Treliant

Business Wire3 days ago
CHICAGO--(BUSINESS WIRE)--Global professional services firm Huron (NASDAQ: HURN) today announced it has acquired Treliant, LLC, a leading advisory and managed services partner to the financial services industry. This acquisition expands Huron's Commercial segment offerings and enhances the firm's ability to help financial institutions navigate today's increasingly complex macroeconomic and regulatory environment.
'We are excited to welcome Treliant to the Huron team as we advance our strategy to grow Huron's financial services capabilities and deliver even greater value to our clients,' said Mark Hussey, chief executive officer and president of Huron. 'Combining Treliant's deep industry expertise and capabilities with Huron's digital solutions creates a powerful platform to help financial institutions manage risk, comply with regulations, and modernize operations in an increasingly complex environment.'
Treliant brings decades of specialized expertise in areas such as risk management, compliance, operations, financial crimes, fraud, capital markets, and data and analytics. In addition, their global footprint strengthens Huron's ability to serve clients across key European markets and to provide managed services globally.
'Over the last twenty years, we've built a firm that is trusted in the financial services industry to deliver deep expertise, balanced approaches, and measurable results,' said David Samuels, chief executive officer of Treliant. 'Joining Huron enables us to scale and significantly expand our global advisory, managed services, and staffing solutions. The combination of these solutions with Huron's digital transformation capabilities will allow our combined teams to drive even greater impact at our financial services clients. Huron is the perfect home for Treliant, sharing the same values and a commitment to our people, in support of delivering innovative solutions that produce transformative results for clients.'
Treliant will be included in Huron's Commercial operating segment within its consulting and managed services capabilities. Terms of the acquisition were not disclosed.
ABOUT HURON
Huron is a global professional services firm that collaborates with clients to put possible into practice by creating sound strategies, optimizing operations, accelerating digital transformation, and empowering businesses and their people to own their future. By embracing diverse perspectives, encouraging new ideas and challenging the status quo, we create sustainable results for the organizations we serve. Learn more at www.huronconsultinggroup.com.
Statements in this press release that are not historical in nature, including those concerning the company's current expectations about its future results, are "forward-looking" statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by words such as "may," "should," "expects," "provides," "anticipates," "assumes," "can," "will," "meets," "could," "likely," "intends," "might," "predicts," "seeks," "would," "believes," "estimates," "plans," "continues," "goals," "guidance," or "outlook," or similar expressions. These forward-looking statements reflect the company's current expectations about future requirements and needs, results, levels of activity, performance, or achievements. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: failure to achieve expected utilization rates, billing rates, and the necessary number of revenue-generating professionals; inability to expand or adjust our service offerings in response to market demands; our dependence on renewal of client-based services; dependence on new business and retention of current clients and qualified personnel; failure to maintain third-party provider relationships and strategic alliances; inability to license technology to and from third parties; the impairment of goodwill; various factors related to income and other taxes; difficulties in successfully integrating the businesses we acquire and achieving expected benefits from such acquisitions; risks relating to privacy, information security, and related laws and standards; and a general downturn or volatility in market conditions. These forward-looking statements involve known and unknown risks, uncertainties, and other factors, including, among others, those described under "Item 1A. Risk Factors" in Huron's Annual Report on Form 10-K for the year ended December 31, 2024 that may cause actual results, levels of activity, performance or achievements to be materially different from any anticipated results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. The company disclaims any obligation to update or revise any forward-looking statements as a result of new information or future events, or for any other reason.
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