Cambiar Acquires Transition Strategies

Cambiar, the management consultancy dedicated to the MR industry, has acquired MR advisory firm Transition Strategies Corporation. Terms of the deal were not disclosed.

Pennington, NJ-based Transition Strategies was founded in 1993, and specializes in helping owners and managers acquire, merge, or sell research companies, while also helping businesses improve their strategy, management and operations performance. Cambiar, which is based in Durham, NC and was founded in 2004 by US researchers Simon Chadwick and Jay Wilson, helps MR companies manage change via a number of distinct practices: HR, sales performance, research transformation, marketing and training programs.

The merged company will trade under the Cambiar name and will be run by Chadwick and Transition Strategies former co-owner Michael Mitrano, as co-Managing Partners. Cambiar's offices will be in Durham and Pennington, with key staff also based in in Arizona, Connecticut and Minnesota. The company is represented in Asia-Pacific by Gordon & McCallum.

Commenting on the deal, Chadwick said: 'Together, we become the leading mergers and acquisitions consultants to the research industry, in addition to which Transition Strategies' expertise in financial management consulting fills the last remaining gap in our service portfolio. Now, companies can use our services, confident in the knowledge that we can help them in all aspects of their business, from strategic direction to execution in operational areas.'

Web site: www.cambiar.com and www.transitionstrategies.com .