Friday, 23 February 2024
Trending

Investing

Huron to acquire philanthropy consultancy GG+A By Investing.com

Shift4 Payments surges on news of potential acquisition by Global Payments

© Reuters.

CHICAGO – Huron, a global professional services firm listed on NASDAQ: HURN, has announced an agreement to acquire Grenzebach Glier and Associates (GG+A), a leading consultancy in philanthropy management for nonprofit organizations, educational institutions, and healthcare sectors. This strategic move aims to enhance Huron’s philanthropy consulting offerings by integrating GG+A’s expertise with Huron’s digital capabilities to provide comprehensive, data-informed strategies across the donor journey.

GG+A, founded in 1961, is recognized for its collaborative work with clients worldwide to develop sustainable, high-performing fundraising programs that align with their strategic objectives and foster long-term donor relationships. Huron’s acquisition of GG+A is expected to close in March 2024, and the terms of the deal have not been disclosed.

Mark Hussey, CEO and President of Huron, noted that the acquisition would benefit clients by combining Huron’s deep client relationships and digital resources with GG+A’s advancement consulting expertise. Approximately 100 members of the GG+A team will join Huron, enhancing the firm’s Education operating segment.

John Glier, CEO of GG+A remarked, “We are pleased and excited to join Huron and its talented global team. Huron™s remarkable client service, its depth of digital resources, and its reach across many of the same client institutions we have served in the past, will strengthen and expand the work of GG+A.”

This news is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Click Here to Read the Full Original Article at All News…