Charles River Associates Acquires Welch Consulting

Acquisition Adds Five Vice Presidents and Two Senior Consultants to CRA's Labor and Employment Practice Charles River Associates (NASDAQ: CRAI), a…

Michael Webb | March 04, 2022

Acquisition Adds Five Vice Presidents and Two Senior Consultants to CRA's Labor and Employment Practice

Charles River Associates (NASDAQ: CRAI), a worldwide provider of economic, financial, and management consulting services, announced Tuesday its acquisition of Welch Consulting, a leader in economic consulting, research, and analysis of labor and employment issues.

Under the terms of the transaction, which closed on February 28, 2022, CRA purchased substantially all of the assets of Welch Consulting and retained the services of Welch's approximately 45 employees, including five individuals who will become vice presidents within CRA's Labor and Employment Practice: G. Edward (Ted) Anderson, Amy M. Aukstikalnis, Hyowook Chiang, Valentín Estévez, and Jora B. Stixrud. Donald R. Deere and Michael P. Ward will affiliate with CRA as senior consultants.

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