Huron acquires financial services consulting firm Treliant
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Global professional services firm Huron (NASDAQ: HURN) announced it has acquired Treliant, LLC, a financial services advisory and managed services firm. The acquisition expands Huron's Commercial segment offerings and enhances its financial services capabilities.
Treliant specializes in risk management, compliance, operations, financial crimes, fraud, capital markets, and data analytics for financial institutions. The firm operates globally with a presence in European markets.
"We are excited to welcome Treliant to the Huron team as we advance our strategy to grow Huron's financial services capabilities and deliver even greater value to our clients," said Mark Hussey, chief executive officer and president of Huron.
David Samuels, chief executive officer of Treliant, stated that joining Huron enables the firm to scale and expand its global advisory, managed services, and staffing solutions. He noted that the combination with Huron's digital transformation capabilities will allow the combined teams to drive impact at financial services clients.
Treliant will be integrated into Huron's Commercial operating segment within its consulting and managed services capabilities. The company did not disclose the financial terms of the acquisition.
The transaction is part of Huron's strategy to strengthen its position in the financial services market and help institutions navigate regulatory and macroeconomic challenges.
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