Mergers & Acquisitions / Joint Ventures

Mercer and Callan agree to split Evaluation Associates stakes


As consolidation in the consulting community continues, Mercer announced its intention to acquire Evaluation Associates, marking its second investment consulting acquisition this year following the decision to drop its public pension fund business in 2010.

In late May, Mercer announced it has signed a definitive agreement with Milliman to aquire portions of its wholly owned investment consulting subsidiary Evaluation Associates. Callan Associates, in a related transaction, will acquire from Evaluation Associates its public-sector investment-consulting business.

Once the transaction is complete, the deal will strengthen further Mercer’s US consulting business and is an indication of Mercer’s commitment to this