Currie & Brown acquired
“This transaction brings a large group of talented people with specific expertise in areas such as cost management, project management, building surveying, PFI/PPP services, asset management and other associated advisory services into Dar Group,” said Dar Group chairman and chief executive, Talal Shair.
“There are significant synergies and we envisage that as part of our group Currie & Brown will grow its operations in both existing and new markets.”
Currie & Brown’s senior management team will be retained, as will the company’s brand.
“This transaction provides a secure future for Currie & Brown and promises exciting new growth opportunities,” added Currie & Brown group chief executive Euan McEwan.
Dar Group has 169 offices worldwide, including a strong presence in the Middle East and Africa. It is also the parent company of several US and European firms, potentially opening up a wide range of new markets to Currie & Brown.
The May issue of Partnerships Bulletin reported on the growing trend of smaller consultancies to be bought out or to enter into mergers.