One of the most well-known consultancy firms amongst wholesaler distributors is set to be acquired by a like organization.

Manchester, NH-based ITR — an economic intelligence firm which aims to help organizations reduce risk and drive practical and profitable business decisions — shared April 3 that Crowe LLP will acquire it. As a result, ITR will operate as a subsidiary of Crowe.

Based in Chicago, Crowe is a public accounting, consulting and technology firm serving clients across the U.S. and internationally. It has annual revenue of about $1.4 billion and nearly 7,000 employees, primarily in the U.S. and India. Crowe offers public and private clients a suite of audit, tax and consulting services.

ITR brands itself as the oldest privately-held, continuously operating economic research and consulting firm in the U.S., having provided business leaders with economic information, insight, analysis and strategy since 1948.

Along with industry trade associations, ITR’s client base includes distributors, manufacturers, construction companies, wealth advisory firms, private equity firms and multinational corporations.

Amongst the distribution audience, ITR is perhaps best known for its economic forecasts, led by twin brothers Brian and Alan Beaulieu, who lead the firm as CEO & Chief Economist and President & Principal, respectively. Alan Beaulieu is a frequent keynote speaker at various industry trade conferences. On MDM Premium, Executive Editor Mike Hockett provided key takeaways from two of Alan’s presentations over the past 14 months — most recently from the STAFDA Convention in November.

Alan, Brian and others at ITR provide over 300 keynote speaking engagements annually to a combined audience of over 35,000 business executives.

ITR is also well-known for its long-predicted 2030s Great Depression.

Brian and Alan detailed the acquisition in a video published April 2 by ITR here.