Anthesis has acquired environmental and sustainability consulting firm TEP, its seventh acquisition in 18 months and second overseas.
TEP, based in the United Arab Emirates, works across the Middle East and India in environmental and social impact assessments, waste and hazardous materials management, and environmental, health and safety auditing.
The acquisition strengthens the Middle East platform following Anthesis establishment in Abu Dhabi last year. The company now has a presence in the UK, Central Europe, USA, Asia and the Middle East, as it progresses towards its vision to become the leading global sustainability specialist firm.
TEP works for many of the large property development, energy, public and corporate clients in the region. These include Daewoo, Sheraton, HSBC, Aurecon and Aedas.
Stuart McLachlan, CEO of Anthesis Group said: “The Middle East is an important region for us and was becoming a missing component in our corporate presence. We see an emerging need for our specialist skills where resource efficiency and environmental and social awareness are recognised as both risks and opportunities.
“We have secured an increasing amount of work in support of clients at a city level, with sustainable master planning; at a site and company level with EHS, carbon, water and waste management, and in support of capital projects with environmental and social impact assessments. To meet our strategic aims we need to have our own staff on the ground in strong local markets and in support of our global clients in their operations and their supply chains.
“TEP brings a strong team, quality client relationships and pipeline, and many years of experience working in the region.”
Anthesis aims to occupy the space between the large players where sustainability is non-core and the small local specialist firms. Anthesis believes that clients prefer to buy from specialist firms where those firms have the critical mass to offer the technical depth across the breadth of specialist expertise required to deliver valued outcomes. Anthesis’ goal is to become the leading global specialist and the company’s rapid growth strengthens this ambition. An acquisition in the Middle East reinforces Anthesis’ intent to develop both organically and through acquisition in both the UK and overseas.
Enda Colfer, previously Managing Director and Owner of TEP, commented: “Prospects in the Middle East are increasingly exciting for environmental and sustainability consulting. We have come a long way in a short time at TEP but it has become increasingly clear to us that being part of a larger international firm provides us with the scale and reach to support the growth in demand for our services.
“Anthesis is the obvious choice for us. We are excited by their vision and have already partnered with them on a number of projects. Some of their services are also uniquely relevant to this region. We believe Anthesis gives us competitive advantage and we look forward to growing the Middle East region and working with them to meet their global aspirations.”
Enda Colfer joins the Anthesis global management team.
TEP will trade as Anthesis TEP in the Middle East as the company grows and continues to rebrand all acquired entities under a single name.