Core BTS, a technology consulting and managed services provider, today entered into a definitive agreement to be acquired by Pillsbury client Nomura Research Institute (NRI), one of Japan's leading research and consulting firms. This transaction firmly establishes NRI with a platform to capitalize on the growing demand for digital transformation in the U.S.
NRI was established in 1965 and since its inception, the company has been dedicated to assisting clients to confidently manage the complexity of modern markets. Core BTS is a leading U.S.-based solution provider leveraging both the Microsoft and Cisco ecosystems to modernize business applications and maximize the value of the cloud. As an NRI Group Company, Core BTS will have the long-term financial and strategic backing to continue to deliver world-class consulting, technical expertise and managed services to clients confronting their most complex technology challenges.
The transaction is expected to close in December 2021 subject to receipt of regulatory approvals and the satisfaction of other customary closing conditions.
The Pillsbury team was led by corporate partner Jeff Schrepfer in Tokyo and included associates Hana Cho, Jeong Choi and Ashlee Hamilton, antitrust and competition partner Michael Sibarium and attorney Evan Storm, international trade partner Nancy Fischer and associate Zachary Rozen, tax partner C. Brian Wainwright, special counsel Paul Thomas, real estate partner William Waller and associate Brittany Griffith, employment partner Paula Weber and special counsel Andrea Milano, executive compensation and benefits partner Mark Jones and associate Ena Kaur, insurance advisory and recovery partner Alex Lathrop and attorney Bryan Coffey, senior counsel Jacob Appelsmith on gaming licenses, and special counsel Catherine Meyer on privacy issues.