Business consultancy Management Consulting Group has completed the acquisition of New Albany Healthcare Consultants, announced in May.
New Albany provides consulting services related to performance improvement in clinical operations in hospitals and medical practices across the US.
Management Consulting subsidiary Kurt Salmon made the purchase for a total consideration of $0.8m. A team of five senior consultants from the business has joined the healthcare practice of Kurt Salmon, which Management Consulting believes brings "an important additional capability to Kurt Salmon's healthcare consulting offering" in the US.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Nick Stagg, Chief Executive said: "New Albany brings years of experience in clinical operations, that, combined with Kurt Salmon's deep industry expertise, will provide opportunities to further develop our healthcare consulting practice in the United States. We will continue to look for opportunities to grow our business through small acquisitions."
NR
-
A junior ISA could turn your child’s pocket money into thousands of poundsPersuading your child to put their pocket money in a junior ISA might be difficult, but the pennies could quickly grow into pounds – and teach them a valuable lesson about money
-
Cost of Christmas dinner jumps 6.5% as grocery price inflation rises againThe average Christmas dinner for four now costs £32.57 as grocery price inflation increases - but what does it mean for interest rates?
