CHICAGO — Philadelphia-based PFM Group announced Monday it will acquire Chicago-based Scott Balice Strategies LLC — the firm co-owned by new Chicago chief financial officer Lois Scott.
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In conjunction with the acquisition, the firm will launch a corporate advisory practice led by Scott Balice co-founder Dean Balice.
“This acquisition represents a significant step forward in PFM’s ongoing expansion, and we are delighted to add the professionals of Scott Balice Strategies to a very strong cadre of industry leaders at PFM Group,” said PFM’s chief executive F. John White.
Mayor-elect Rahm Emanuel, who is being sworn into office this morning, last month announced Scott would lead his financial team.
