Turner & Townsend New York merges with Ferzan, Robbins & Associates
Date: 20 October 2011
Turner & Townsend in New York today merged with project management specialists Ferzan, Robbins & Associates in the latest step of its strategy for significant US growth. The merger gives Turner & Townsend over 170 staff in five US locations, and enhances the company’s ability to provide full consultancy, delivery, operations and program management services to clients that invest in, own and operate assets in the US.
The company flagged its intention to grow in the US in its last Annual Review, and says the merger is in response to client demand. “Many of our US clients are major owner occupiers with extensive property portfolios,” said Vincent Clancy, Turner & Townsend’s global chief executive. “They are looking for consistent and integrated support throughout the US. This merger gives us the critical mass to provide that assistance.
“At the same time we have global relationships with clients such as BP, Barclays Capital and Nissan who need that level of integrated service worldwide. Providing that consistency of support is a key driver behind our growth strategy.
“Ferzan, Robbins & Associates is a real find for us: a team with deep experience, an outstanding reputation and a client list boasting many Fortune 500 companies across a wide range of sectors including banking, media/communications and hotels/hospitality.”
Co-founders Peter Ferzan and John Robbins both agree that the merger is a similarly strategic move for their business. “We founded Ferzan, Robbins & Associates to provide industry-leading, truly independent client representation across all the project management disciplines. By joining with Turner & Townsend we have the ability to provide our clients with market-leading systems and best practice from around the world – improving their projects and our own ability to grow.”
Notes to editor:
For more information please contact:
m: + 44 (0) 7791 106822
Turner & Townsend
t: + 44 (0) 20 7544 3400
Turner & Townsend (CEO, Americas)
t: + 1 212 899 5126
About Turner & Townsend
Turner & Townsend is a leading global construction consultancy whose experts work with organisations to deliver maximum value from their assets.
Working on many of the world’s largest programmes from our global network of 70 offices, 2,600 staff shape our industry. We help our clients save money with our program, project and cost management services. We also provide an integrated suite of management services to deliver assets that improve the performance of our clients’ businesses. Together with our set of specialist asset and property management services, we put passion into applying new ideas throughout the asset life cycle.
The merger is the latest step in Turner & Townsend’s growth strategy for the Americas, which has most recently included last year’s merger with Canadian company cm2r, and new offices in Ottawa, Calgary and Vancouver, as well as significant expansion in South America, with new offices in Peru and Brazil.
The company has already made significant inroads into the US market:
- Its first appearance in the Engineering News Record league tables. We’re at:
- 52nd out of the Top 100 firms in the US
- 7th in the top 20 non-US firms by international construction / programme management fees
- 8th in the top 20 of all firms by international construction / programme management fees
- Awarded a PMI Distinguished Project Award 2010 for the rollout of a rebrand to 600 Nissan dealerships
- The latest Annual Review shows a significant improvement in the Americas, with revenue up 44% to over US$36 million and profit