Resolution Economics, LLC (“Resolution Economics” or “ResEcon”) announced today that it has acquired the Affirmative Action Plan (“AAP”), DE&I, Pay Equity, and related training services (“the acquired practice groups”) of Biddle Consulting Group. Financial terms of the transaction were not disclosed. The pre-employment testing services of Biddle Consulting Group operating under the name TestGenius were not part of the acquisition.
Now entering its 26th year, Resolution Economics is a leading specialty consulting firm providing economic and statistical analysis to a variety of clients, including companies and law firms, with expertise in labor and employment matters, finance/forensic accounting analysis, artificial intelligence bias audits, life sciences, and affirmative action planning. In October 2022, Resolution Economics acquired Berkshire Associates, a leading provider of outsourced AAP consulting and software services, compensation analysis, equal employment opportunity (EEO) and other human resource compliance-related services.
The businesses acquired from Biddle are market leaders in EEO consulting, litigation support, and AAP outsourcing and software, and further build out the specialized services of the Berkshire Division. Patrick Nooren, Ph.D., will continue to lead the acquired practice groups which are headquartered in Folsom, California.
“We are incredibly excited to welcome these AAP and associated practice groups to ResEcon and our Berkshire Division,” Ali Saad, Managing Partner at ResEcon, said. “As part of Biddle, these practices have been known for their consistent, high-quality, and customized client offerings. They are highly complementary to and further enhance the scope and scale of our consulting offerings related to labor and employment.”
“We are delighted to join Resolution Economics, with which we share a common vision for the future of our combined business,” said Dr. Nooren. “I have worked in the AAP compliance space alongside Berkshire for many years and have always thought of the business as being very similar to ours in terms of dedication to quality and professionalism. Now that we have joined forces, we will benefit from ResEcon’s teams of experts. These new resources will significantly enhance our ability to serve the needs of our clients.”
Resolution Economics and the acquired practice groups are well established in the litigation support field and have professionals who have consulted or testified as experts in hundreds of state and federal labor and employment and discrimination matters. The acquired practice groups will also expand the ResEcon/Berkshire team of Industrial-Organizational Psychologists with advanced degrees.
“I’ve respected our new colleagues’ work in the AAP compliance world for many years and look forward to partnering with them,” said Beth Ronnenburg, President of the Berkshire Division of ResEcon. “The acquisition of these practice groups will allow us to further innovate and grow our high-quality client services to even more companies in need of AAP and a wide variety of highly refined workforce analytics services.”
Resolution Economics is a portfolio company of Levine Leichtman Capital Partners (LLCP).
About Resolution Economics
Established in 1998, ResEcon is an employee-owned, private equity-backed consultancy with offices in Los Angeles, New York, Chicago, Washington, D.C. and Charlotte. ResEcon is a leading provider of rigorous analytical services in the labor and employment area, including providing these services to support employer’s pay equity decision making and the full range of human capital decisions from recruitment to termination. ResEcon also has a long and distinguished record in performing analysis and giving expert testimony in large scale class action settings in discrimination matters. In addition, the company has the leading practice nationally in handling wage and hour claims under state and federal statutes, as well as consulting to companies regarding their wage and hour practices. ResEcon’s forensic and accounting team provides analysis in a wide range of consulting situations to help companies understand their internal compliance circumstances and also provides expert assistance and testimony in a wide range of commercial dispute settings. ResEcon also provides Artificial Intelligence bias audit and compliance services and specialized consulting for life sciences companies.
Contacts:
Jon Kaehn, jkaehn@resecon.com