Huron to acquire Cloud62

Move aimed at expanding Huron’s offerings
By Bernie Monegain
10:05 AM

Huron Consulting Group announced today it plans to acquire Cloud62, a fast-growing firm specializing in complex implementations and related cloud-based applications.

The addition of Cloud62 will expand Huron's offerings to clients across multiple industries, including healthcare, higher education, manufacturing, retail and financial services.

[See also: Salesforce unwraps platform for post-EHR world]

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Terms of the acquisition, which is expected to close in October 2015, were not disclosed.

"Cloud62 is an innovative partner in the Salesforce ecosystem," said Jay Laabs, managing director and practice leader of Huron Consulting Group's Enterprise Performance Management & Analytics practice, in a statement announcing the deal. "The addition of the Cloud62 team will enhance Huron's capabilities in a number of areas, but particularly in engaging our clients' customers through the Salesforce platform."

Buffalo, N.Y.-Based Cloud62 is led by Raj Suchak, who founded the company in 2011. Suchak will join Huron as a managing director.

"We are pleased to join forces with the highly respected team at Huron, Suchak said in a news release. "Together, we can assist companies in leveraging data within their enterprise to enhance customer experience--a priority in today's competitive marketplace. Cloud62's understanding of Salesforce combined with Huron's industry expertise and analytics services will allow us to better serve our clients."

For reporting purposes, Cloud62 will be included in the Huron Business Advisory segment, which includes the EPM & Analytics practice

Huron boasts expertise in full-service enterprise performance management, business analytics, CRM, and big data professional services for healthcare and across industries.

The public company appears to be in growth mode, with a high interest in healthcare.

At the beginning of the year, it announced a $325M acquisition of healthcare consulting firm Studer Group, which is focused on helping providers improve clinical outcomes and financial results.

[See also: Huron Consulting to acquire Studer.]

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