Crowe adds economic research firm

Top 25 Firm Crowe announced that is adding the team from economic research and consulting team ITR Economics.

The deal is expected to boost Chicago-based Crowe's strategic advisory capabilities with economic insights and analysis. ITR Economics will operate as a subsidiary of Crowe.

"ITR is a well-established firm with a proven track record of nearly 95% accurate forecasts and delivering exceptional client insights and intelligence that empower business leaders to make informed decisions in this ever-changing business environment," said Chad Kellar, leader of Crowe's strategy and transactions consulting business, in a statement. "Adding the ITR team and capabilities allows us to enhance the value we bring to our clients and play a more meaningful role across their value chains. We're very excited to welcome the ITR team to the Crowe family."

Crowe's Indianapolis office

ITR Economics offers market and industry forecasting, sales and demand forecasting, and strategic and budget planning.

"The opportunity to join Crowe and its comprehensive, multidisciplinary business provides an exciting opportunity to serve clients in new and different ways while also creating additional professional opportunities for ITR employees," said Brian Beaulieu, CEO of ITR Economics, in a statement. "We take great pride in what we've built over our 76-year history, and we firmly believe joining Crowe will allow us to expand our reach and market capabilities while also joining a proven leader in consulting." 

The announcement came just a day after Crowe announced its acquisition of Houston-based Belt Harris Pechacek. In 2021, it  added Briggs & Veselka, a Top 100 Firm based in Houston, and Upaya - The Solution Inc., a technology firm in Palo Alto, California.

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