CBRE buys real estate consulting firm IVI International

12 December 2014 Consultancy.uk

Commercial property consulting firm CBRE has acquired real estate consulting firm IVI International. The firm’s expertise will enhance the expertise of CBRE’s Valuation & Advisory Services team. For IVI International, the acquisition will allow it to expand both its services and global footprint.

IVI International is an US-based real estate consulting firm founded in 1973 that provides construction, property condition and environmental consulting, due diligence and advisory services to the real estate industry. The firm that is headquartered in New York has more than 200 employees working from its nine offices throughout the US.

CBRE is one of the world’s leading commercial property and real estate services advisors and has around 44,000 employees working from its 350 offices worldwide.

IVI International & CBRE Group

IVI International will complement and enhance CBRE’s Valuation and Advisory Services* team, explains Thomas McDonnell, President Valuation & Advisory Services at CBRE: “IVI has a 40-plus-year record of providing insight and analysis that helps investors, lenders and occupiers manage risk. Adding IVI’s accomplished team to our existing capabilities provides a highly sought after service that we can now offer our investor, developer and lender clients throughout the country.”

The acquisition also offers IVI International significant benefits. “Joining CBRE is a big win for both our clients and employees.  CBRE affords us a significantly broader platform – both geographically and across an array of services – to serve our clients, and our people will have enhanced career development opportunities as we integrate with CBRE’s professionals across the country and around the world,” concludes Mark de Stefanis, Director of Business Operations of IVI.

* CBRE’s Valuation & Advisory Services provides appraisal, consulting, environmental and property condition consulting services to a broad base of local, regional and global clients.

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Royal HaskoningDHV buys UK firm to boost digital flood services

25 April 2019 Consultancy.uk

Royal HaskoningDHV has acquired Ambiental to accelerate its growth of flood-related digital services. The UK-based professional services firm is a provider of actionable intelligence from data, which can be used to help protect people, property and capital from flooding and climate change.

In recent years the UK has been routinely stricken by flooding, with former forests and wetlands across the country having become susceptible to flooding, with few measures to soak up ground-water from heavy rainfall. Notably, 2007 floods along the River Don caused major social and economic damage to Lower Don Valley, while elsewhere in the UK, winter floods in 2013/2014 affected thousands, and killed 17. The following winter also saw considerable flooding across the UK from Storm Desmond, Storm Eva and Storm Frank, among other heavy storms, costing the nation billions of pounds in the process.

With a growing number of other incidences spread across the country, professional services firms are increasingly being tapped to help deal with flooding in the future. Founded three years ago, Ambiental Environmental Assessment was created to support the growing UK development industry with its flood risk assessment needs. Since then, it has worked on over 3,000 projects, including supporting the redevelopment of St Paul’s School, Richmond (EIA project), National Rail developments, gas-fed electricity generator compounds, solar farms, and the housing developments of over 400 properties.

Royal HaskoningDHV buys UK firm to boost digital flood services

In 2018 alone, natural disaster events across the world led to economic damage of $225 billion. With demand for flood risk assessment remaining high, Ambiental quickly attracted the attention of larger consultancies for acquisition. As a result, Royal HaskoningDHV has announced a deal to purchase Ambiental. The deal strengthens the Dutch consultancy's position in the insurance market, providing clients with data-driven software and services that complement its extensive engineering and advisory knowledge. The acquisition also enhances the firm’s flood resilience and environmental consultancy profile in the UK.

Ambiental, meanwhile, will considerably enhance its global presence and footprint with the deal. As a result, Ambiental hopes its combined unique data analytics, human resources and engineering expertise will allow it to improve its product offering and associated customer support. It will also mean the firm can further develop and scale its solutions in data products, software and associated services for improved risk pricing, risk selection, accumulation control, actionable intelligence and portfolio modelling.

Commenting on the deal, Royal HaskoningDHV CEO Erik Oostwegel said, “We are excited to welcome the Ambiental team with their high-precision, productised analytics and data solutions. Together we can help our clients to better understand and reduce risks from flooding and other natural hazards using digital services and market-leading intelligence. Ensuring that money spent on flood risk modelling and management delivers the greatest possible impact on communities, corporates and infrastructure.”

Ambiental CEO, Justin Butler, added, “Ambiental is very pleased to be joining Royal HaskoningDHV. We deliver many complementary solutions, and together with Royal HaskoningDHV and their new partners, we will be able to offer even more compelling value propositions, and broader solutions using predictive analytics, data science, machine learning and computational risk modelling to an expanding global customer base.”