Oliver Wyman to acquire CR3 Partners

Oliver Wyman , a unit of Marsh, has agreed to acquire CR3 Partners . Terms were not disclosed, and the deal is expected to close later this quarter.

CR3 Partners specializes in turnaround, restructuring, and performance improvement, advising companies, boards, and lenders across sectors including industrials, retail, healthcare, energy, and financial services. Its 62 professionals will join Oliver Wyman as part of the transaction.

The acquisition expands Oliver Wyman’s capabilities in restructuring, liquidity management, and crisis response, positioning the firm to offer more integrated support to lenders, private equity sponsors, and corporate clients navigating distressed situations.

“This acquisition underscores our focus on supporting clients during pivotal moments of transformation. CR3 Partners’ hands-on turnaround expertise complements our strategic capabilities and expands our ability to help organizations stabilize performance and build long-term resilience. I’m delighted to welcome our new colleagues to the firm.” – Tim Hoyland, Partner and Head of Americas Restructuring at Oliver Wyman.