Huron Consulting Group

Chicago-based Huron Consulting Group is acquiring well-known healthcare consultant Studer Group, in a $325 million deal, creating a healthcare consulting operation that will have more than 1,500 employees, Huron announced Tuesday. Studer will become part of Huron Healthcare, which accounts for more than 50% of Huron’s overall revenue, Huron said. The deal is expected to close in February. Huron is paying $323 million in cash and $2 million in Huron common stock. The combined companies will have pro forma annual revenue of $904 million and pre-tax earnings of roughly $190 million, Huron said. Pensacola, Fla.-based Studer Group has roughly 235 full-time employees and works with more than 750 partner hospitals, the firms said.

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