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05.16.2007:
Louthan Consulting
Announces Merger — Management Consulting firm, Louthan Consulting,
merges with Agnitio Group to form powerhouse boutique consultancy.
Dallas, Texas (PRFree) May 15, 2007 – Louthan Consulting,
a leading cost consulting firm in the Toll Industry, today announced
the execution of a merger agreement with Agnitio Group LLC. Pursuant
to the merger, Agnitio will acquire all Louthan Consulting assets
including proprietary methodologies and existing Louthan consulting
agreements. Under the terms of the agreement, Louthan will
receive an ownership stake in Agnitio Group and a seat on Agnitio’s
board of directors. Completion of the transaction is scheduled
to take place within the next 30 days.
Pat G Louthan, the President of Louthan Consulting, said, “I
am very pleased to announce this merger. Our growing Toll Industry
practice will expand both in the base of clients that we will effectively
support and in the breadth of services we offer. Agnitio Group
has a great reputation for delivering value and developing strong
relationships at all of their clients. With that reputation,
their expertise, and considerable delivery resources, I see this
as the next step to becoming the preeminent cost management consulting
firm in the Toll Industry.”
Jeff Sade, Managing Director of Agnitio Group, stated, “Agnitio
Group has partnered with Louthan Consulting on several engagements
and we have been consistently impressed with the commitment to client
success and focus on delivering the same type of “high impact
consulting®“ services to the market that we have built
our own success around. We share a common vision of having
fun helping clients, and our combined operational strengths will
make us a force to be reckoned with wherever we chose to play.”
Jeff Bowman, Agnitio’s Director of Delivery Services, added, “The
additional financial analytics and cost management capabilities help
round out our strategic and process-based services. I’m
especially excited to get a thought leader of Pat Louthan’s
caliber on board. It will further build Agnitio’s reputation
as the go-to consultants for even the most challenging assignments. I’m
just pumped as hell!”
About Louthan Consulting
Louthan Consulting is an acknowledged leader providing cost management
and financial analytics to the Toll Industry. With their
Integrated Cost Management© methodology and depth of Toll
Industry knowledge, they are changing the way the industry brings
value to their customers.
About Agnitio Group
Agnitio is an independent management consulting
firm delivering strategic and tactical business solutions to Fortune
1000 clients. As one
of the nation's premier boutique consulting firms, Agnitio offers fully
integrated services in revenue acceleration, operational excellence
and risk reduction. Agnitio Group provides clients with “high
impact consulting®” services that result in rapid business
improvement.
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