Kurt Salmon Associates, a global management consulting firm for many high-profile retail chains as well as consumer products and health care industries, has been acquired by Management Consulting Group plc, based in the United Kingdom.

MCG paid $125 million for the Atlanta-based KSA, which did $108 million in revenues last year, according to KSA officials.

The officials also said they expect little change from the merger and that KSA will maintain its identity, since it will operate as a distinct group within MCG. With the addition of KSA, the MCG portfolio will consist of seven branded consultancies that meet different service and market needs, MCG said in a statement Wednesday.

The merger does, however, provide more of a global footprint for MCG and will give KSA greater access to capital to expand its services. The transaction is expected to be completed in October, subject to KSA and MCG shareholder approval and certain government consents.

Mark Wietecha, chairman of KSA, said in a statement: "Becoming part of MCG's worldwide portfolio of brands strengthens and expands our capabilities. MCG provides KSA access to a larger base of resources to further advance our vision and strategy as a premier management consulting firm in an increasingly dynamic global market."

Kevin Parry, chief executive of MCG, said: "The combination provides a strong platform for further growth. It expands our offerings, deepens our talent pool and creates opportunities to cross-sell the services of our complementary practice groups to the enlarged client base."

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