Project management consultancy LogiKal joins Assystem

05 December 2022 3 min. read
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Assystem Group has boosted its project management office service capability with the acquisition of advisory firm LogiKal. The consultancy will bolster Assystem’s infrastructure market offering, helping it to deliver UK projects relating to the country’s green transition.

Founded in 1966, Assystem is an independent engineering group based in Paris. With increasing attention paid to the emissions levels of the built environment, Assystem has become heavily involved in helping clients tackle climate change, and in driving the switch to a net-zero economy through the delivery of low-carbon energy and infrastructure projects.

One of the ways Assystem helps to do this is via a comprehensive project management office (PMO) service, underpinned by innovative digital solutions. In order to boost these services to accelerate this, Assystem has completed the purchase of UK consultancy LogiKal.

Project management consultancy LogiKal joins Assystem

Simon Barber, Assystem’s UK Managing Director said, “We are delighted to welcome LogiKal into the Assystem family and to be strengthening our comprehensive Project Management Office and wider digital services with a community of experts who are passionate about supporting the delivery of the low-carbon projects that are key to Britain’s energy transition.” 

By acquiring 100% of shares in LogiKal, Assystem’s project management services offer has been boosted by bringing over 100 skilled project management professionals into the Assystem Group. At the same time, it will contribute to an enhanced offer to UK and international major infrastructure projects, where both companies have a footprint in key programmes such as the UK’s high speed rail route (HS2), Lower Thames Crossing and National Grid. Internationally, LogiKal also brings experience from major projects including the Mass Transit Railway (MTR) in Hong Kong and the Sydney Metro.

Christian Jeanneau, Assystem’s Senior Vice-President – Digital, added, “Assystem's ambition is to accelerate the convergence of engineering and project management through digital. By bringing LogiKal into the Assystem corporate family we are taking a step further towards achieving this.”

Logikal operates in UK and Asia-Pacific markets and generates annual revenue of £15 million, of which 65% is in the UK. By joining Assystem, it will gain greater access to the UK’s key low-carbon energy projects, including nuclear, fusion, renewables and hydrogen infrastructure. The move will also afford its staff the opportunity to join Assystem’s Switcher community, and play a bigger role in supporting the global energy transition, which is the focal point of Assystem’s Switch On initiative.

Bryn Lockett, LogiKal’s CEO, noted, “Joining Assystem on its mission to support the drive to net zero will provide many opportunities to get involved in a range of exciting energy projects in the UK and around the world, as well as enhancing our well-established offer to the rail and infrastructure sectors. We are elated to be joining the Group’s Switcher community to support global efforts to address climate change.”

SCD Advisory acted as sell-side advisor for the deal. Founded in 2019, SCD is an independent corporate advisory and M&A boutique. Headquartered in Australia, it is dedicated to people and IP based businesses with growth and exit strategies. According to Lockett, the SCD team offered “specific sectorial expertise and their invaluable experience” when it came to executing a deal across three geographies – the UK, Australia and Hong Kong.

Pierre Briand, the Founder of SCD Advisory, added, “We were pleased to support LogiKal as their exclusive M&A advisor in this complex transaction, which is another cross-border deal in the PMO sector for SCD. We wish Bryn and his team great success with the shared journey ahead as part the French public listed group Assystem, especially in their joint deployment in the UK.”