(Jan. 4, 2006) – CHICAGO - Huron Consulting Group announced it will buy a health care management consultancy as well as a turnaround and restructuring firm. Huron, which also negotiated an increase in its credit line to $130 million from $75 million, will pay $65 million in cash for Wellspring Partners Ltd., the hospital and health care management consultancy. The Chicago company also will pay $30 million in cash to buy Glass & Associates Inc., the turnaround group, and expects its acquisition of Glass to contribute to 2007 earnings and expand its share of the consulting and restructuring market.
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