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- The combined entity’s business model and servicing capacity will expand and enable the company to take on more large-scale work simultaneously.
- The new consultancy will hold onto its ‘People First’ advantage and reputation in the market by maintaining its commitment to transparency, personalized service, and hands-on approach towards its clients and team members.
- Day One operating as a new entity is projected for the beginning of 2021.
Dubai, United Arab Emirates: 3SixtyConsult and PMKConsult, both UAE-based respected project management and commercial services consultancies, today announce a definitive merger agreement. The deal, which will create one of the largest consultancies dedicated to project management operating in the country, extends their specialisms, expands revenue streams, and opens the playing field to larger scale projects across sectors in the UAE and within the broader region.
Kevin Woolley, Managing Director of PMKConsult said: “This agreement has been a long time in the making and something that Keenan and I thought about very carefully. We have spent the last year conducting due diligence inclusive of corporate specialist assessments and financial audits of both businesses. We also looked closely at our strategic strengths in specific sectors and alignment of our corporate ambitions. One of our major focuses as a combined entity is implementing our expansion strategy. Growing regionally with a company that is twice the strength with a broad scope of expertise is a definite advantage and something that will benefit our client and collaborator base.”
Earlier this year, 3SixtyConsult announced its acquisition of Project Partners and has since increased its retail and commercial sector project management portfolio by 83% while PMKConsult has transitioned leadership with Woolley becoming managing director and has entered into multiple strategic framework agreements with developers to accommodate the expansion of retail platforms in the Emirate of Abu Dhabi.
Managing Director of 3SixtyConsult, Keenan Grote commented: “This merger enables us to offer a more comprehensive service to our clients creating increased economies of scale. Kevin and I have found that because both entities have grown organically and sustainably to focus core strengths in different sectors, we are able to amalgamate our expertise without cannibalising each other’s existing advantage. Furthermore, we can expand our service offering to our clients and collaborators as each business has unique specialist services in addition to our project management expertise.”
Having entered the market in 2009, 3SixtyConsult has developed a niche specialism in media and broadcast, healthcare, and industrial projects with noted capability in other sectors such as corporate real estate, and museum, culture and heritage. PMKConsult has a substantive five years of success in the market and has delivered on an impressive remit in residential development. It has also established itself as a leader in Abu Dhabi in the education and retail space with high profile and eagerly anticipated projects in the Emirate with appointments by government bodies and other international and local entities.
Woolley added: “We have been jointly preparing both companies for our impending ISO 9001 certification to open strong with an internationally-recognised and respected operational accreditation. Our next moves in terms of management structure and strategic regional placements will be announced in due course.”
Grote concluded: “While we have exciting plans and our businesses have great prospects as a combined entity, one element that we both plan to hold on to is the people factor. While growing in size, we will maintain our ‘People First’ advantage and reputation in the market. We are each founding members of consultancies that were established with the specific and fundamental aim to “do things right”. For both of us that means the commitment to our people and the personalised and flexible service that we offer our client teams will be preserved if not elevated. Both our businesses have been built around those we work with and those we work for, and this will be the one pervading aspect that will remain a defining element of who we will be together.”
Day One operating as a combined entity is currently slated for January 2021. The new name and brand identity will be revealed at that time.
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Learn more about the merger at: PMKConsult and 3Sixty Merge
About 3SixtyConsult:
3SixtyConsult is an award-winning and multi-disciplined turnkey project management firm offering senior-level consultation and a scalable bespoke approach to meet its clients unique and specific requirements across major industries. The consultancy has delivered its services and over 750,000 sqm of construction projects across 12 countries throughout the Middle East, Sub-Saharan and North Africa, and South and South East Asia. With a hands-on project management approach, 3SixtyConsult uses a clear process for successful project delivery throughout the project lifecycle. Its Evaluate / Formulate / Deliver process covers the project delivery lifecycle providing a framework for success. Its integrated core services include: Project Management, Cost Management, Construction Management; specialist services include: Feasibility Studies, Dilapidation Surveys, and Contracts Management. The team’s technical expertise, strategic approach, innovative solutions, and market knowledge combine to add value to each project. Sectors served by the project management consultancy include: Industrial, Media & Broadcast, Healthcare; Education & Innovation Spaces; Hospitality & Leisure; Data Centres; Heritage, Museums, & Culture; and Retail & Commercial. To learn more please visit: 3SixtyConsult
About PMKConsult:
PMKConsult was founded in 2015 to bring a greater depth of personalized advisory back to the field of project management. Building the business to focus on people rather than projects, PMKConsult aims to deliver on its clients’ visions rather than the project programme one dimensionally.
Since its founding, PMKConsult has delivered over 740,000 sqm of projects with a portfolio of project management deliveries and ongoing projects exceeding USD $400 million. It has achieved a solid reputation in this time being sought after by high profile government offices and multinational entities to deliver on significant investments around the country.
To learn more about PMKConsult, visit: www.pmkconsult.com
For more information please contact:
Daiy Calisura
Marketing and Communications Department
+971 4 277 6799
daiy@3SixtyConsult.com
LinkedIn: https://www.linkedin.com/company/3sixty-consult/
LinkedIn: https://www.linkedin.com/company/pmkconsult/
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