Mercer will acquire the HR knowledge provider ORC Worldwide for an undisclosed amount.

In a press release, Mercer said it valued ORC’s compensation surveys, global peer networking services, educational seminars and conference services.

“Clearly, this combination will further enhance Mercer’s market position as the provider of choice for solutions around global workforce management,” said M Michele Burns, chair and CEO of Mercer. “ORC’s solid U.S. reputation and capabilities complement those of Mercer, and together we have strong positions in the United States, Canada, Europe, Latin America and Asia-Pacific.”

The transaction will be finalized by the end of the year.

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