Oliver Wyman agrees to acquire turnaround consultancy CR3 Partners

Marsh & McLennan Companies, Inc.

Marsh & McLennan Companies, Inc.

MRSH

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  • Oliver Wyman, management consulting business of Marsh & McLennan, agreed to acquire CR3 Partners, advisory firm focused on transition, turnaround, and distress.
  • Deal expected to close later this quarter; financial terms were not disclosed.
  • Transaction aims to expand Oliver Wyman’s restructuring and crisis-response work, including liquidity management and operational improvement.
  • CR3 Partners team of 62 professionals is set to join Oliver Wyman across multiple cities.


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