CHICAGO—Navigant and Ankura Consulting Group announced a definitive agreement under which Navigant will sell its Disputes, Forensics and Legal Technology (DFLT) segment and its Transaction Advisory Services (TAS) practice to Ankura, a business advisory and expert services firm.
The transaction is valued at $470 million, and is expected to close during the third quarter. Ankura is a portfolio company of Madison Dearborn Partners, a private equity firm based in Chicago.