04 APR 2024 / BUSINESS

Crowe Expands Capabilities with Addition of ITR Economics

- MYCPE ONE Insights Team

Summary

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Public accounting, consulting, and technology firm, Crowe LLP, is acquiring the oldest economic research and consulting firm in the US, ITR Economics. The move is expected to enhance Crowe's strategic advisory services by integrating ITR’s expertise in economic insights and analysis.

Crowe Enhances Strategic Advisory Services with Acquisition of ITR Economics

Crowe LLP, a leading public accounting, consulting, and technology firm, has entered into an agreement to acquire ITR Economics, the oldest privately held, continuously operating economic research and consulting firm in the U.S. This acquisition aims to bolster Crowe's strategic advisory capabilities by integrating ITR Economics' expertise in economic insights and analysis.

About ITR Economics

Founded in 1948, ITR Economics has a longstanding reputation for providing accurate economic forecasts and strategic insights. The firm specializes in market and industry forecasting, sales and demand forecasting, and strategic and budget planning. ITR Economics' services are designed to empower business leaders to make informed decisions in an ever-changing business environment.

Leadership Perspectives

Chad Kellar, leader of Crowe’s Strategy & Transactions consulting business, expressed enthusiasm about the acquisition, stating, "ITR is a well-established firm with a proven track record of nearly 95% accurate forecasts. By incorporating the expertise of the ITR team, we aim to elevate the value we provide to our clients and play a more significant role in their value chains."

Brian Beaulieu, CEO of ITR Economics, added, "Joining Crowe and its comprehensive, multi-disciplinary business is an exciting prospect. It allows us to serve clients in new and innovative ways while creating additional professional opportunities for our team."

Strategic Implications

The integration of ITR Economics into Crowe's operations is expected to enhance the firm's ability to provide clients with critical economic information, insights, and analysis, thereby informing business decisions and strategies. This move aligns with Crowe's commitment to expanding its strategic advisory services and delivering comprehensive solutions to clients.

Until next time…

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Crowe Expands Capabilities with Addition of ITR Economics

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