Navigant Consulting announced that it has acquired Daylight Forensic & Advisory, an international regulatory consulting and investigative firm.

Daylight Forensic & Advisory, headquartered in New York, was founded in 2006 by CEO Ellen Zimiles, and Chief Operating Officer Joseph Spinelli. Zimiles has more than 25 years of litigation and investigation experience, including 10 years as a federal prosecutor in the Southern District of New York. Spinelli is a leading authority on white-collar crime with more than 30 years of forensic experience, including eight years as New York State's first inspector general, leading fraud, abuse, waste, and corruption investigations for all New York State agencies and authorities. He also served as assistant director of criminal justice for the State of New York, with responsibilities for the investigation of criminal complaints and fraud allegations throughout state government. In February 2010, Spinelli was appointed by Governor Paterson of New York to the New York State Commission on Public Integrity.

Navigant’s Disputes and Investigations practice is comprised of more than 600 professionals who work with companies and their legal counsel to provide litigation consulting, investigative assistance, and expert testimony in complex disputes, forensic accounting, and regulatory matters.

Under the terms of the acquisition agreement, Navigant paid $30 million in cash at the closing, with an additional $10 million cash payment payable on the one year anniversary of the transaction.