MGAC, a project and cost manager with seven offices across the US and Canada, including New York, Seattle and Toronto and headquartered in the American capital Washington DC, has acquired seven-strong Flint & Partners for an undisclosed sum. The acquisition of Flint & Partners by MGAC (Mark G Anderson Consultants) follows the US company’s arrival in the UK with its 2021 takeover of Robinson Low Francis (RLF).

The latest deal consolidates the previous six-month strategic partnership between MGAC and Flint & Partners by bringing the latter under the MGAC banner. The pair had already announced a “strategic partnership” six months ago which promised “to grow the collaborative presence of both firms, leveraging their combined expertise, experience, and resources”.

Flint & Partners' Journey

Flint & Partners was only in existence for two years, having been set up in mid-2022 by Peter Flint, previously chief growth officer at Aecom, supported by former colleagues Paul Davis and Radhika Sathy. Peter Flint spent more than three decades at Davis Langdon and Aecom. Flint, along with Sathy and Davis, worked for more than three decades at Aecom and before that Davis Langdon, where he began his career in 1990 in his native Australia. Flint was Aecom’s chief growth officer in its EMEA region for two years before leaving to set up his boutique consultant business in May 2022. The firm’s clients include Derwent London, the British Museum and ExCeL London.

MGAC’s Expansion in the UK

MGAC has four offices in the UK that came with the acquisition of RLF in October 2021. The US firm that bought RLF three years ago has snapped up another UK consultant specializing in project management and cost consulting. The acquisition signifies MGAC's continued commitment to expanding its presence in the UK market.

Leadership and Growth

Peter Flint will now serve on the MGAC leadership team as executive managing director and, based in the London office, will lead its UK team to grow the business and deliver a modern client services approach. He replaces Sean Clemons, who left MGAC earlier this year, having joined with the RLF acquisition. “[He] will lead the UK team to grow the business and deliver a modern client services approach,” it added.

Mark Anderson, president and chief executive of MGAC, said: “This next step in our partnership with Flint & Partners will allow us to be more agile and entrepreneurial across our current and target markets.” He also highlighted the shared vision of a comprehensive project management services-led business model that can adapt to and lead rapid industry shifts.

A Look Ahead

Peter Flint, reflecting on the acquisition, stated: “Since we formed our partnership in March, we have already built a more nimble and innovative business in the UK and internationally. Joining MGAC fully will allow us to accelerate our growth goals and streamline our business development approach, as well as build a truly integrated service model. Most importantly, MGAC and our team align fully on the desire to lead a diversified and progressive advisory approach.”

The acquisition of Flint & Partners is a strategic move for MGAC, allowing the firm to expand its reach and capabilities in the UK market. With a combined expertise and a shared vision, MGAC and Flint & Partners are poised to become a leading force in the project management and cost consulting industry.

A New Era for Project Management in the UK

The acquisition of Flint & Partners by MGAC is expected to have a significant impact on the UK project management and cost consulting landscape. The combined expertise of both firms will create a powerful force in the market, capable of providing clients with a comprehensive range of services. This move also signals a shift towards a more modern and integrated approach to project management, with a focus on client service, forward thinking, and a more inclusive industry. As MGAC and Flint & Partners continue to collaborate, they are set to redefine the future of project management in the UK, bringing innovation and agility to the forefront of the industry.