Huron Consulting Group Inc. (NasdaqGS:HURN) entered into an agreement to acquire the assets of The Frankel Group Associates LLC on December 19, 2013. Frankel Group will be included in the Huron Education and Life Sciences segment. Approximately 50 Frankel Group professionals will join Huron Life Sciences team. Along with Barry Frankel, Lester Cheng, Nathan Dowden, David Gilman, Benjamin Rymzo, and Marc Tomassi will join Huron as Managing Directors. The acquisition, which is subject to customary closing conditions, is expected to close in early January 2014. Clearsight Advisors, Inc. acted as financial advisor to The Frankel Group Associates LLC.

Huron Consulting Group Inc. (NasdaqGS:HURN) completed the acquisition of the assets of The Frankel Group Associates LLC for $18 million on January 1, 2014. The total transaction consideration of $18 million includes contingent consideration of $0.6 million.