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Huron Completes Cloud62 Acquisition to Augment Portfolio

Business consulting services provider Huron Consulting Group IncHURN recently closed the acquisition of cloud-based services firm Cloud62 for an undisclosed amount. Cloud62 specializes in complex implementations of Salesforce.com, an online sales and services platform, which provides enterprise cloud computing applications.

The acquisition is likely to expand Huron's Salesforce.com offerings to clients across multiple industries, including healthcare, higher education, manufacturing, retail and financial services. Cloud62 will be a part of Huron's EPM (Enterprise Performance Management) & Analytics Practice.

Cloud62 will be included in the Huron Business Advisory segment, which includes the EPM & Analytics practice for reporting purposes. In an increasingly competitive market, innovation and efficient services remain the value drivers for companies. Huron expects to offer such solutions by leveraging data within the enterprise. With complimentary service offerings and operating cultures, the combined company is likely to extend its client portfolio in the near future, thereby augmenting revenues.

With in-depth analysis, customized advice and tailor-made solutions for sustainable and measurable results, Huron helps clients in diverse industries to improve performance, reduce costs, leverage technology, address regulatory changes and stimulate growth. The company offers consulting services to healthcare organizations, leading academic institutions, Fortune 500 companies, governmental entities and law firms.

Huron currently has a Zacks Rank #3 (Hold). Other stocks that look promising in the industry include Hill International, Inc HIL , carrying a Zacks Rank #1 (Strong Buy) along with FTI Consulting, Inc. FCN , and The Hackett Group, Inc HCKT , both carrying a Zacks Rank #2 (Buy).

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FTI CONSULTING (FCN): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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