Duff & Phelps Strengthens and Expands Global Transfer Pricing Capabilities by Acquiring CETERIS®

  Duff & Phelps Strengthens and Expands Global Transfer Pricing Capabilities
  by Acquiring CETERIS®

Business Wire

NEW YORK -- October 18, 2012

Duff & Phelps Corporation (NYSE: DUF), a leading independent financial
advisory and investment banking firm, today announced 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.

“Combining Duff & Phelps’ established expertise in complex valuation with
CETERIS’® impressive credentials leads to an unparalleled caliber of technical
expertise, especially in light of increased scrutiny of transfer pricing from
tax authorities around the world," said Noah Gottdiener, chief executive
officer at Duff & Phelps. “In addition to complementary skill sets, we share a
fundamental commitment to independence and client service. Further, sharing
our relationships with clients, strategic partners and referral sources will
generate meaningful new business opportunities for team members across our
businesses.”

Established in 2003 by Mike Heimert, CETERIS® is one of the largest
independent transfer pricing and tax valuation firms in North
America.CETERIS® experts provide clients with transfer pricing, tax
valuation, intellectual property and strategic economic analysis, as well as
objective advice and viewpoints that are free from conflict and independence
concerns. CETERIS® professionals also provide support services in relation to
CAP audits and audit defense, as well as expert witness services for complex
disputes.

“We are thrilled to join the Duff & Phelps team, combining expertise that will
allow us to serve as the authority on transfer pricing, valuation and complex
disputes that involve related issues,” said Mike Heimert, chief executive
officer at CETERIS®. “Duff & Phelps’ global platform provides our
professionals and our clients with an even greater geographical reach, a wide
spectrum of services and deeper industry expertise.”

About Duff & Phelps

As a leading global financial advisory and investment banking firm, Duff &
Phelps balances analytical skills, deep market insight and independence to
help clients make sound decisions. The firm provides expertise in the areas of
valuation, transactions, financial restructuring, alternative assets, disputes
and taxation, with more than 1,000 employees serving clients from offices in
North America, Europe and Asia. Investment banking services in the United
States are provided by Duff & Phelps Securities, LLC; Pagemill Partners; and
GCP Securities, LLC. Member FINRA/SIPC. M&A advisory services in the United
Kingdom and Germany are provided by Duff & Phelps Securities Ltd. Duff &
Phelps Securities Ltd. is authorized and regulated by the Financial Services
Authority. For more information, visit www.duffandphelps.com. (NYSE: DUF)

About CETERIS®

Recognized by Inc. Magazine as one of the fastest growing private companies in
America for the past five years, CETERIS® is a global economic consulting firm
providing transfer pricing expertise along with strategic economic analysis
and tax valuation services to the largest multinational companies, top-ranked
law firms, and government agencies around the world. The firm’s extensive
global group of advisors spans the Americas, Europe and Asia. To learn more
about CETERIS® and its services, please visit www.ceterisgroup.com.

Contact:

Duff & Phelps Corporation
Investor Relations
Marty Dauer, + 1 212-871-7700
investor.relations@duffandphelps.com
or
Media Relations
Alex Wolfe, +1 212-871-9087
alex.wolfe@duffandphelps.com
 
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