Economic Consultant Broadens Base With California Merger

BOSTON-Charles River Associates Inc., the locally based economic and financial consultant, has acquired the consulting business of Dr. Gordon C. Rausser. The move is seen as deepening and broadening CRA’s West Coast operations with two new offices. Rausser’s practice is concentrated in litigation, finance and statistical analysis.

As part of the agreement, CRA will also inherit three senior academic consultants, a vice president, and other consultants; staff acquisition is ongoing and the total number is yet to be finalized. Financial terms of the deal were not disclosed, but the buy is expected to be accretive to earnings in FY2001.

“This acquisition is a strategic complement to our existing core practice areas,” states Phil Cooper, CRA’s VP of corporate development. “Not only does it strengthen several of our vertical practices, it enhances our geographic presence on the West Coast.”