Abt Associates, a government and business research and consulting firm based in Cambridge, Mass., has announced its acquisition of research firm SRBI (Schulman, Ronca & Bucuvalas Inc.). SRBI, which is based in New York, but has offices in Maryland, Florida, Kentucky, New Jersey, Arizona and West Virginia, as well, will operate as a wholly owned subsidiary of Abt.

"I am extremely pleased about the combination of Abt Associates and SRBI and what it will mean for our clients and staff," said Abt Associates' president and CEO, Wendell J. Knox. "Both organizations' capabilities are highly complementary. The opportunities this will afford us in the market are significant, including being able to compete for a broader range of projects and increasing our overall market share."

SRBI president and CEO Mark Schulman, added, "We are very excited about the opportunity to be part of Abt Associates. Our respective clients are going to directly benefit from the additional capabilities in both organizations. From our point of view, this is an excellent fit of clients, operations, and cultures. At their core, both companies are about excellence in research."

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