Duff & Phelps, an independent financial advisory and investment banking firm, announced last week that it has acquired CETERIS, a global economic consulting firm providing transfer pricing expertise along with strategic economic analysis and tax valuation services.

The transaction elevates the transfer pricing capabilities provided by Duff & Phelps' Financial Advisory segment, which provides valuation advisory services, tax services and dispute consulting.

CETERIS adds more than 50 professionals working out of 10 offices in the United States, along with an alliance network of advisory partners throughout the world, to Duff & Phelps' existing team in North America, Europe and Asia.