Davis Polk is advising Ankura Consulting Group, LLC on its acquisition of C3 Consulting, LLC. The transaction is expected to close by the end of the month, subject to customary closing conditions. Financial terms of the transaction were not disclosed.

Ankura is an expert services firm that tries to increase the value of its clients’ companies or protect them against future risks, by designing, developing and executing tailored solutions by assembling the right combination of expertise. c3/consulting is a management consulting firm that provides a range of services, including strategic planning, program leadership, business process optimization, solution evaluation, IT effectiveness and facilitation.

The Davis Polk corporate team includes partner Harold Birnbaum and associate Arthi Sridharan. Partner J.W. Perry and associates Vanessa L. Jackson and Louis Labriola are providing credit advice. Partner Rachel D. Kleinberg and associate Tracy L. Matlock are providing tax advice. Counsel Ron M. Aizen and associate Charlotte R. Fabiani are providing executive compensation advice. Members of the Davis Polk team are based in the New York and Northern California offices.