Deloitte has acquired substantially all of the business of Monitor, the 30-year-old Cambridge, Mass.-based strategy consulting firm.
The transaction combines Monitor's talent and assets with Deloitte's consulting strategy service lines and operate under the Monitor Deloitte brand, resulting in a new global presence that will redefine the industry, says Jim Moffatt, chairman and chief executive officer of Deloitte Consulting.
"Our ability to implement the advice we provide has always been a differentiator," Moffatt says. "This acquisition further enhances our ability to serve clients from strategy to execution—helping them solve their most critical challenges and capitalize on opportunities in a dynamic global economy. We are thrilled to welcome Monitor's talented professionals to the Deloitte family and are excited about the opportunities that lie ahead."
Bansi Nagji, president of Monitor, says "we are hugely motivated by the opportunity to serve clients with our newly combined strengths," stated
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