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Resolution Economics, Llc Acquires Berkshire Associates

Oct 27, 2022about 3 years ago

Acquiring Company

Resolution Economics

Acquired Company

Berkshire Associates

LegalConsulting

Description

Resolution Economics, LLC (“ResEcon”) announced today that it has acquired Berkshire Associates (“Berkshire” or the “Company”). Financial terms of the transaction were not disclosed.

Company Information

Company

Resolution Economics

About

Established in 1998, ResEcon is an employee-owned, private equity-backed consultancy with offices in Los Angeles, New York, Chicago, Washington, D.C. and Charlotte, N.C. ResEcon is a leading provider of rigorous analytical services in the labor and employment area. In addition to providing these services to support employer’s pay equity decision making and the full range of employment decisions from recruitment to termination, the firm also provides analysis-backed DEI&A and ESG consulting through its Human Capital Strategy Group. ResEcon also has a distinguished record in performing analysis and giving expert testimony in large scale class action settings, especially in discrimination matters. In addition, the company has the leading practice nationally in handling wage and hour claims under state and federal statutes, as well as consulting to companies regarding their wage and hour practices. ResEcon’s forensic and accounting team provides analysis in a wide range of consulting situations to help companies understand their internal compliance circumstances and also provides expert assistance and testimony in dispute settings. Resolution Economics is a portfolio company of Levine Leichtman Capital Partners (LLCP).

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