Fair Isaac to Acquire Braun Consulting

Fair Isaac Corp., a provider of analytics technology, will acquire Braun Consulting, a marketing and technology consulting firm, for $30 million. The deal is expected to close in the fourth quarter.

The move will expand Fair Isaac’s presence in the healthcare, retail and pharmaceutical markets.

Braun, Chicago, will become a subsidiary of Minneapolis-based Fair, Isaac. Founder/CEO Steven Braun will remain on board.

Robert W. Baird & Co. served as financial advisor to Braun.