Rishy Studer

Photo via Flickr//Phalinn Ooi

Huron Consulting, a Chicago-based healthcare consulting firm, has acquired Pensacola-based Studer Group for a reported $325 million in cash, and $2 million in Huron stock.

The transaction creates a firm with a 1,500 member workforce and $904 million in annual revenues. Quint Studer, who owns the Group with his wife Rishy, says the deal originated in 2011, when private equity firm JMI Equity purchased a stake in The Studer Group.

Last Friday local entrepreneurs Quint and Rishy Studer announced a new initiative: The Studer Institute. Brian Hooper, the Institute’s director sat down and spoke with WUWF’s Lindsay Myers about the purpose and direction of the Institute.

Hooper described the desire behind the Institute by saying, "We hope to educate the community in a compelling and interesting way, whatever it is that we find. We want to look at our community with a sober eye, we want to identify the key issues facing it and we want to try to suggest solutions."

Independent News

WCOA is no longer news/talk but will be classic rock. WUWF-TV is welcoming Rick Outzen's "In Your Head" on Channel 4.