Huron Consulting Group Closes Acquisition of Cloud62
Cloud62 is a fast-growing firm specializing in complex
For reporting purposes, Cloud62 will be included in the Huron Business Advisory segment, which includes the EPM & Analytics practice. For more information, please read the press release announcing the acquisition here.
Statements in this press release that are not historical in nature, including those concerning the Company’s current expectations about its future requirements and needs, 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” or “continues.” These forward-looking statements reflect our current expectations about our 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: 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; risks relating to information security; and a general downturn in market conditions. With respect to our acquisition of Cloud62, additional factors that could cause actual results to differ materially from the forward-looking statements contained herein include, among others: our ability to successfully integrate Cloud62 and to achieve expected benefits; failure to retain employees of Cloud62; and the disruption of management's attention from our ongoing business operations due to the acquisition and integration of Cloud62.
These forward-looking statements involve known and unknown risks,
uncertainties and other factors, including, among others, those
described under “Item 1A. Risk Factors” in our Annual Report on Form
10-K for the year ended