Compass Lexecon is pleased to announce the acquisition of Princeton Economics Group, Inc. (PEG), an economic consulting group based in Princeton, New Jersey.
As part of the transaction, Peter Bronsteen, Ken Elzinga and John Bigelow join the Compass Lexecon team.
- Bronsteen is the President and Founder of Princeton Economics Group and is recognized as one of the nation’s top competition economists. Bronsteen will serve as an Executive Vice President at Compass Lexecon.
- Elzinga is the Robert C. Taylor Professor of Economics at the University of Virginia and is widely recognized as one of the nation’s top competition economists. Elzinga will continue in his role as a professor at the University of Virginia and will serve as a Senior Consultant to Compass Lexecon.
- Bigelow, who will become an Executive Vice President at Compass Lexecon, brings comprehensive experience analyzing antitrust and intellectual property matters and has served as an expert witness on various litigation matters. Bigelow has co-written several seminal papers on the economics of reverse payment patent settlements with Compass Lexecon Senior Consultant, Robert Willig. Prior to joining Princeton Economics Group, Dr. Bigelow taught graduate and undergraduate economics at several universities, including Yale University where he was Assistant Professor of Economics for five years.
“We have worked extensively with the Princeton Economics Group over the years on a variety of high-profile antitrust matters, such as the Sony-BMG music deal. In addition, I served as a research assistant at PEG two decades ago and Bobby Willig and Janusz Ordover were both affiliated with PEG prior to the founding of Compass. As a result, this transaction is a marriage of two organizations that share the same values and commitment to cutting-edge economic analyses,” said, Jon Orszag, Senior Managing Director of Compass Lexecon, “We are thrilled to welcome such an elite group of renowned economists to our team and we look forward to working with them.”
Peter Bronsteen, President of Princeton Economics Group, added, “I have known key members of Compass Lexecon for more than 20 years. I cannot think of a better home for Princeton Economics Group than Compass Lexecon. We hope that our expertise on antitrust and other commercial litigations deepens Compass Lexecon’s already top-notch team.”