
SCD Advisory is pleased to announce that it has advised Calcutta Group, a strategic advisory and project management consultancy, on its sale to TSA Management.
Founded in 2010, Calcutta Group specialises in strategic advisory and project management consulting for clients with a key focus on the booming transport, healthcare, social services, and education sectors. With a high-quality team of professionals coming from a range of backgrounds in engineering, law, finance, architecture, project management, and business transformation, Calcutta Group has worked on some of the most significant infrastructure projects in Australia such as Sydney Metro, Queen’s Wharf Brisbane and Sunshine Coast University Hospital.
TSA Management is a leading independent project management consultancy with a presence in 8 locations across Australia and New Zealand. TSA Management’s 320+ team works client‐side on capital works projects of significance and complexity across the infrastructure and property markets.
Peter Lawless, Mike Polich, and Kate Townsend joined TSA Management as Principals operating from Sydney and Brisbane and declared: “We are very excited joining this entrepreneurial and successful organisation to develop synergies together and create a leader in the Project Management sector in ANZ. We are grateful to SCD Advisory for managing and negotiating this deal leveraging their sectorial expertise and M&A experience to achieve great results for both parties.”
Pierre Briand, Founder and Managing Partner of SCD Advisory, the M&A adviser for Calcutta Group commented:
We were delighted to support Calcutta in this process and we wish them luck and full success with TSA Management. After advising Livingbridge on their acquisition of TSA two years ago, and learning how the TSA management run their business, I am confident that Calcutta has found the right partner, culturally and strategically, for them to capture the numerous opportunities in the Australian infrastructure markets.
At SCD Advisory, we offer a range of services from deal preparation to transaction execution. Contact us at info@scdadvisory.com to find out more.
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