Navigant Buys Economic Advisor AFE Consulting

US-based financial analysis firm Navigant Economics has acquired economic advisory firm AFE Consulting. Terms of the deal were not disclosed.

AFE provides consulting services in a number of areas in finance and economics through its team of 30 staff and a network of industry experts and academics specializing in the field.

Navigant Economics is a subsidiary of energy sector market intelligence provider Navigant, which recently acquired cleantech specialist Pike Research. As part of the new deal, AFE founder Dr Mukesh Bajaj and his team will join the Navigant Economics team of more than 130 professionals.

Navigant CEO Julie Howard (pictured) comments: 'This expansion of our economics team strengthens our ability to provide collaborative services alongside other Navigant practices. I could not be more excited to welcome Mukesh and his team.'

Web sites: www.naviganteconomics.com, www.navigant.com and www.afeconsult.com .