Mace Consult will acquire the US cost consultant and project management company Turton Bond for an undisclosed sum.
The deal aims to boost Mace Consult’s presence in the Americas, where it currently has 400 staff working on programme and project management, advisory services, cost and commercial management.
Founded in 2019, Turton Bond employs around 50 people in four offices in New York, Houston, San Francisco and Los Angeles, providing cost and project management in the technology, data centre and manufacturing sectors.
Led by four partners – Chris Bond, Will Turton, Joe Stevens and Darren Flood – it is forecast to deliver double digit revenue growth this year, according to Mace.
The deal is due to close this quarter, subject to approvals.
Davendra Dabasia, Mace Consult’s chief executive, said: “Our expansion in the US has been gathering pace over the last two years, with major appointments by global clients and on some of the largest infrastructure projects in North America.
“Our new partnership with the team at Turton Bond will see us work together to target growth in the technology sector in the US, building on their success to date.”
Last month Goldman Sachs acquired a controlling stake in Mace Consult.
- Subscribe here to get stories about construction around the world in your inbox three times a week
