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Oliver Wyman Completes Acquisition Of Huron’S Life Sciences Strategy Consulting Practice

Nov 02, 2021•about 4 years ago

Acquiring Company

Oliver Wyman

Acquired Company

Life Sciences Strategy Consulting Practice

New YorkAerospaceTransportationConsulting

Description

Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE: MMC), today completed the acquisition of Huron’s life sciences strategy consulting practice. Terms of the acquisition were not disclosed.

Company Information

Company

Oliver Wyman

Location

New York, New York, United States

About

Oliver Wyman is a global leader in management consulting. With offices in 60 cities across 29 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan (NYSE: MMC). For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed