REBRANDING & MARKETING FEATURE DRIVER GROUP ACQUISITION
Early in 2012 the Driver Group, the global construction consultancy, acquired Trett Consulting from Grontmij N.V.
Trett Consulting are a leading dispute resolution and contractual advice consultancy business with over 30 years of experience within the construction and engineering industries. The total consideration for the acquisition was £3.0m and was satisfied out of the company’s existing financial resources.
Their team has grown to over 265 employees, making the group one of the largest providers of consultancy services to the international engineering and construction industry.
COMBINED STRENGTH The combined strength of two of the strongest brands in the dispute and advisory market will ensure both Trett and Driver clients receive unparalleled expertise and advice. Improving their clients’ commercial position and performance, by delivering sound and innovative solutions to complex problems, remains the group’s key goal for delivering client satisfaction.
OTHER GROUP OFFERINGS The strategic fit of the new Driver Trett brand complements other group offerings. Driver now has the capability to deliver a full suite of services through DIALES, Driver Project Services, Corporate Services, and Strategic Project Management to the existing Driver Trett client base. Given the complementary nature of the two businesses the acquisition provides Driver Group, and its clients, with synergistic benefits.
STRATEGIC FIT The acquisition is an excellent strategic fit for the company and has strengthened Driver Group’s core capabilities. Trett Consulting has an excellent reputation for providing support in dispute management, dispute resolution and dispute avoidance globally. This acquisition has enhanced Driver Group’s offering by adding to the company’s experience and high- quality team of individuals. Driver Group clients extend to almost every sector of the construction and engineering industries and our services are used at all stages of a project, from inception through to completion, operation, and decommissioning.
INCREASED GLOBAL PRESENCE In addition to increased UK presence, the acquisition has increased the company’s global presence. Driver Group now operates from offices across Africa, Americas, Asia Pacific, Mainland Europe, Middle East, and UK.
GLOBAL GROWTH STRATEGY The acquisition fits perfectly with Driver Group’s global growth strategy and full-service offering. Trett has a strong, long-established brand within the global consultancy industry, and Driver’s management team are certain that the combination of these brands can only serve to increase the group’s ability to deliver results for their clients.
STRAIGHT FORWARD INTEGRATION PROCESS The two businesses, their approach and culture, are very similar allowing for a straight forward integration process that will be completed by the end of the summer.
Driver Group now provides three distinct service streams...
• DIALES: quantum, delay, and technical experts providing support services in arbitration and litigation proceedings;
• Driver-Trett: dispute resolution and advisory services
• Driver Project Services: project controls solutions for pre-contract services commercial and contractual management and administration; quantity surveying; and planning and programming
www.windenergynetwork.co.uk 73
DEVELOPING OFFSHORE WIND EXPERIENCE AND EXPERTISE One of the first areas of integration focus and completion was the offshore wind sector, given the importance of this to both the Driver and Trett businesses before acquisition. Over recent years both businesses have invested considerable time and effort in to researching and developing their experience and expertise in this sector.
This is supplemented by the experience both companies have in the offshore oil and gas market, where they have operated for many years with similar technologies and clientele.
Mike Turgoose, director of Driver Trett’s Teesside office, has been appointed sector leader for offshore wind and is responsible for the continued development of all Driver Group service offerings to this market and commented;
“The formation of Driver Trett places us in an excellent position to maximise our service offerings in this sector. Not only will we continue to provide our recognised and respected dispute resolution and delay analysis expertise to contractors and developers; we are now able to offer a true ‘cradle to grave’ service through the entire Driver Group. In addition, we can deliver a pan European service from our overseas offices in Holland and beyond, as well as the UK.
“The expanding offshore wind market in UK, and overseas waters, is short of personnel with real commercial management expertise. Our recent appointments have seen us called upon to manage and assist with tendering, procurement, contract formation, quantity surveying and planning services and the detailed analysis of variations and claims on the world’s largest offshore wind farms in operation and currently under construction”. Mike concluded.
Driver Group
www.driver-group.com
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