Huron Consulting Group has acquired Callaway Partners for $60 million in cash to add Callaway's finance and accounting project management expertise to Huron's financial and consulting services.

Huron plans to leverage the Atlanta-based firm's staff augmentation and project management abilities so it will have more people available to deal with its clients' accounting and financial reporting work on a flexible basis. Huron chairman and CEO Gary E. Holdren wants to expand Callaway's business model geographically, particularly in New York and Houston.

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