Anthesis Group buys The Environment Partnership
Anthesis Group has acquired United Arab Emirates based The Environment Partnership for an undisclosed sum. The acquisition strengthens the firm’s global presence and extends its specialist expertise in technical and environmental consulting.
Anthesis is an in 2012 founded specialist consulting firm guided by the principle that sustainability and commercial success are not mutually exclusive. The firm helps clients meet compliance targets as well as support making sustainability a core concern of the business lifecycle. Anthesis is headquartered in the San Francisco Bay Area, and has additional offices in the UK, Germany, the Middle East, and the Philippines.
The Environment Partnership (TEP) is a niche technical and environmental consultancy, the firm was founded in 2014 in the United Arab Emirates (UAE). The TEP management team has more than 30 years’ combined experience in providing environmental and technical solutions to clients in the Middle East and North Africa. Its services are aimed at the meeting the increasingly sophisticated technical and environmental compliance and development demands from local and global businesses working in the region.
The acquisition of TEP strengthens Anthesis’ goal to build its global presence and opens up the Middle Eastern and North African market. “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,” explains Stuart McLachlan, CEO of Anthesis Group. “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.”
TEP will trade as Anthesis TEP in the Middle East as part of Anthesis’ wider rebranding of acquired firms and Enda Colfer, formerly the Managing Director of TEP, will join the Anthesis Global Management Team. Commenting on the acquisition, Colfer says: “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 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.”
Acquisition spree
For Anthesis, this is the seventh acquisition in 18 months and second overseas. Last month it acquired UK-based LRS Consultancy, a specialist in materials resource efficiency and the development of the circular materials economy. In 2014 the firm bought sustainability consultancies Media4Change, Best Foot Forward, UMR, Caleb and SecondNature.
The firm cites that its aim in buying up small local specialist firms is to position itself in the space between large and boutique smaller players, thereby supporting a client base that seeks technical depth across the breadth of specialist expertise required to deliver valued outcomes.
