Moss Adams and CHR’s Consulting Division Merge

Seattle-based Moss Adams LLP (FY13 net revenue of $403 million) announced it has agreed to acquire the regulatory compliance and financial consulting portion of Houston-based telecommunications company CHR Solutions Inc. The combination, which was approved by the leaders of both firms, is effective Jan. 1.

“This combination provides us with the opportunity to expand our services and grow the operational footprint of the Moss Adams telecommunications consulting practice nationally,” says Clay Sturgis, leader of the Moss Adams communications and media practice. “Many of CHR’s consulting services are complementary to our existing financial and regulatory consulting practice, and we’re excited to bring on the added depth in industry expertise. We’ll also be able to provide additional value to our clients through new services such as network provisioning and operational consulting.”

The CHR consulting practice specializes in regulatory and financial consulting for telecommunications businesses operating in rural communities as well as competitive providers throughout the country. Consulting services include cost separations, revenue assurance, business continuity and disaster recovery, state and federal tariffs, merger and acquisition support, loan and grant applications assistance and market analysis and feasibility studies.

In January all full-time members of CHR’s regulatory and financial consulting practice will officially begin working as part of Moss Adams from offices in Austin, Texas, and Dallas. The addition of these employees grows the Moss Adams communications and media practice to more than 75 professionals providing services to clients in 45 states across the United States.