Kurt Salmon Associates (KSA), a management consulting firm based in Atlanta, has entered into a merger agreement with U.K.-based Management Consulting Group (MCG), according to KSA. As per the merger agreement, MCG will acquire KSA for $125 million, Reuters reported yesterday. KSA says it will operate as a distinct group within MCG and will maintain its separate brand identity.

KSA is a global management consultancy that specializes in two distinct industries, consumer products and health care. With this acquisition, MCG will hold seven consultancies in its portfolio. KSA joins CBH, Ineum Consulting, Parson, Proudfoot, Salzer and Viaduct. According to KSA, the purchase will strengthen MCG's U.S. presence.

"Our ability to advance the success of our clients and drive superior results stands at an all-time high," said Mark Wietecha, KSA chairman, "and becoming part of MCG's worldwide portfolio of brands strengthens and expands our capabilities. MCG provides KSA access to a larger base of resources to further advance our vision and strategy as a premier management consulting firm in an increasingly dynamic global market. We look forward to working with MCG's management team to further grow and develop KSA's business for the continued benefit of our clients and our employees."

Kevin Parry, chief executive of MCG, added, "I am delighted that the KSA consultants and their leadership are joining MCG. The combination provides a strong platform for further growth. It expands our offerings, deepens our talent pool, and creates opportunities to cross sell the services of our complementary practice groups to the enlarged client base."

The KSA transaction is expected to be completed in October.

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