Navigant Consulting, Inc. (NYSE:NCI), acquired A.W. Hutchison & Associates, LLC (AWH). Recognized internationally as a leader in the field of construction management analysis and dispute resolution, the AWH team augments and extends Navigant Consulting's construction services practice, adding risk management services as well as architectural technical expertise. The investment also enhances the national footprint of NCI's construction team, adding strong teams in the Southeast and Southern California.

The acquisition includes a team of 57 billable consultants based primarily in Atlanta and Los Angeles. The purchase price was approximately $23 million. Revenues and pro forma operating income for the last 12 months approximated $18.6 million and $4.3 million, respectively. The acquisition will be accretive in 2005. Additional transaction details were not disclosed.

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Navigant Consulting, Inc. (NYSE:NCI)

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Navigant Consulting, Inc. (NYSE:NCI) is a specialized independent consulting firm providing dispute, financial, regulatory and operational advisory services to government agencies, legal counsel and large companies facing the challenges of uncertainty, risk, distress and significant change. The Company focuses on industries undergoing substantial regulatory or structural change including healthcare, energy and financial and insurance services, and on the issues driving these transformations. "Navigant" is a service mark of Navigant International, Inc. Navigant Consulting, Inc. (NCI) is not affiliated, associated, or in any way connected with Navigant International, Inc. and NCI's use of "Navigant" is made under license from Navigant International, Inc.