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Marsh's Oliver Wyman to Acquire Management Consulting Firm CR3 Partners

  • Oliver Wyman, a business of Marsh (NYSE: MRSH), has agreed to acquire CR3 Partners, a firm specializing in transition, turnaround, and distress.
  • The transaction is expected to close later this quarter, with undisclosed terms.
  • The acquisition expands Oliver Wyman's capabilities in restructuring, liquidity management, operational improvement, and crisis response.
  • CR3 Partners brings a team of 62 senior practitioners with expertise across industrials, retail, healthcare, energy, and financial services.
  • The combined entity will offer integrated solutions to financial lenders, private equity sponsors, and corporate clients globally.
  • Tim Hoyland, Head of Americas Restructuring at Oliver Wyman, stated the deal complements strategic capabilities to help organizations stabilize performance.
  • William Snyder of CR3 Partners noted the move allows the firm to serve a broader client base with Oliver Wyman's geographic footprint.
  • Michael Zeltkevic, Global Head of Capabilities at Oliver Wyman, emphasized the natural fit of CR3's turnaround expertise with Oliver Wyman's transformation services.