CSC (NYSE: CSC) closed the acquisition of Bass & Company, a consulting firm specializing in electric, gas and water utilities.
According to the firm, “the acquisition will enable CSC to better serve global utility clients and supports CSC’s strategic industry growth plan to expand the company’s presence in the chemical, energy and natural resources markets. The deal between CSC and Bass & Company was announced in early August, and financial terms were not disclosed.”
As part of the deal, Bass & Company's senior industry consultants will remain as CSC employees.
Bass & Company CEO, Mike Bassignani, will head up CSC's global utilities division.