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PRGX Global to acquire Cost & Compliance Associates

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PRGX Global to acquire Cost & Compliance Associates

PRGX GlobalInc. is acquiring substantially all of the assets of Cost &Compliance Associates.

According to an SEC filing, PRGX will pay up to $11.0million in cash at closing, which is expected to take place later in the year.The company may be required to pay earnout consideration over a period of twoyears, but aggregate consideration cannot exceed $18.0 million.

Cost & Compliance Associates is a commercial recoveryaudit and contract compliance company with operations in the U.S.and the U.K.