Huron Closes Acquisition of Unico Solution
Huron (NASDAQ: HURN) has finalized its acquisition of Unico Solution, enhancing its data management and governance capabilities. This acquisition aims to assist clients in optimizing operations and promoting cloud adoption. CEO James H. Roth expressed enthusiasm about integrating Unico's team and leveraging their expertise to accelerate business transformation and improve decision-making. Unico will be categorized under Huron’s Business Advisory segment, indicating a strategic move to align technology with organizational goals and empower clients to make informed, data-driven decisions.
- Strengthening data management and governance capabilities through acquisition of Unico.
- Enhancement of operational efficiency and cloud adoption support for clients.
- Strategic alignment of technology and organizational strategies to foster data-driven decision making.
- None.
Global professional services firm Huron (NASDAQ: HURN) today announced it has completed its acquisition of Unico Solution. The combination of the companies strengthens Huron’s data management and governance capabilities to help clients better manage their data to optimize their operations and drive cloud adoption.
“We are pleased to welcome the Unico team to the Huron family,” said James H. Roth, chief executive officer of Huron. “We look forward to helping our clients use their data in new ways to accelerate their business transformation and enable better, faster decision making.”
Together, Huron and Unico will support clients in aligning their technology and organizational strategies to unlock the power of their data to make data-driven decisions.
For reporting purposes, Unico will be included in Huron’s Business Advisory segment. For more information, read the press release announcing the acquisition here.
ABOUT HURON
Huron is a global consultancy that collaborates with clients to drive strategic growth, ignite innovation and navigate constant change. Through a combination of strategy, expertise and creativity, we help clients accelerate operational, digital and cultural transformation, enabling the change they need 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,” “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: the impact of the COVID-19 pandemic on the economy, our clients and client demand for our services, and our ability to sell and provide services, including the measures taken by governmental authorities and businesses in response to the pandemic, which may cause or contribute to other risks and uncertainties that we face; failure to achieve expected utilization rates, billing rates and the 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 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, 2019, and under "Item 1A. Risk Factors" in Huron's Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, 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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