McLean, Virginia (PRWEB) December 17, 2012
MorganFranklin Corporation, recognized as one of the top business consulting and technology solutions providers in the country, today announced the closing of its agreement to divest the assets of its national security solutions business unit to SRA International, Inc. Houlihan Lokey, an advisory-focused investment bank, and the law firm Stradley Ronon Stevens & Young LLP advised MorganFranklin on the transaction.
The divestiture is part of the company’s strategic efforts to focus on growth in its core business and management consulting business.
“Our customers and employees associated with the divestiture are in good hands with SRA,” said Robert Morgan, Chief Executive Officer and co-founder of MorganFranklin. “What I am most excited about is the future of MorganFranklin. We are focusing all energy and investment toward business consulting and expanding our financial management, performance improvement, and technology services to both commercial and government clients.”
Since its founding in 1998, MorganFranklin has earned numerous awards for its consulting business, including recent recognition by Consulting magazine as one of the top consulting firms in the nation in 2012. The firm’s consultants are frequently cited as experts in the areas of financial reporting, initial public offering (IPO) preparation, finance transformation, internal controls, business process re-engineering, enterprise IT strategy, data management, and related business transformation services.
“MorganFranklin will continue to hire top talent, invest in the market, and grow our reputation by working hard to surpass client expectations,” Morgan said.
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MorganFranklin Corporation, with headquarters in McLean, Va., and London, provides business consulting and technology solutions to public companies, fast-growing private companies, and U.S. government agencies. In 2012, the company was recognized by Consulting magazine as one of the “Best Firms to Work For” in the nation. MorganFranklin was also named to the 2012 Inc. 500|5000 list of the nation's fastest-growing private companies. Third-party customer satisfaction surveys highlight the company’s reputation for being hands-on, flexible, and skilled at bringing diverse groups together to complete projects on time and within budget. To learn more about the company and its capabilities, visit http://www.morganfranklin.com.