 Temple, Barker & Sloane (TBS) was merged with Strategic Planning Associates (SPA) to form "Mercer Management Consulting" in 1990, a business unit specializing in risk and financial services.The two firms had markedly different cultures, with TBS focusing on industry-specific expertise-based consulting, while SPA applied data-based models to a broad range of industries.Their integration was slow and painful, and a number of senior SPA employees departed shortly after the acquisition, including Jim Manzi and Scott Setrakian, who went on to found Applied Predictive Technologies; as well as Richard Fairbank and Nigel Morris who would found Capital One.