Treasury Strategies Inc., a consulting company focused oncorporate treasury management, announced last week that it is beingacquired by Novantas Inc., a consulting company that providesanalytic services and technology solutions to many of the world'slargest banks.

Terms of the transaction were not disclosed.

Apress release from Novantas said the combined company willoperate under the Novantas name but retain the Treasury Strategiesbrand for corporate advisory business. The partners in TreasuryStrategies—Tony Carfang, Cathy Gregg, and Dave Robertson—willbecome managing directors of Novantas.

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Susan Kelly

Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.