Bureau Veritas further expands its buildings and infrastructure services in the United States with the acquisition of EMG
1 mar. 2018
Neuilly-sur-Seine, France, March 1, 2018
Bureau Veritas has completed the acquisition of EMG Corporation (EMG), a US leader in construction technical assessment and project management assistance, asset management assistance and transaction services.
Founded in 1986, EMG is headquartered in Owings Mills, Maryland and has a nationwide reach with regional offices in Scottsdale, Arizona, and Oklahoma City, Oklahoma. The company offers clients a broad range of services around the life cycle of their facilities including engineering and environmental assessments upon acquisition or financing, capital planning, with program and project management assistance. EMG serves real estate owners, retailers, commercial lenders, and government entities and has a track record of more than a million completed projects across all 50 states in the United States. EMG has around 550 employees and generated around EUR 70 million revenue in 2017.
EMG expands Bureau Veritas’ buildings and infrastructure service offering in the United States, strengthening the Group’s position as a leading strategic partner for construction and renovation inspection, quality assurance, asset management, periodic in-service inspection, and project management.
Didier Michaud-Daniel, Chief Executive Officer of Bureau Veritas, stated:
“EMG is a remarkable acquisition for Bureau Veritas with strong assets, notably a diverse blue-chip client base as well as proprietary in-house software solutions. EMG will further consolidate our position as the world leader in services for the buildings and infrastructure industry and, most importantly, it will enable us to accelerate the execution of our development and diversification strategy in the United States. By combining our existing service offering with the capabilities and expertise of the companies acquired by the Group in the United States in the last 12 months –EMG, California Code Check and Primary Integration Solutions– we are on the right track to building a very solid and competitive platform around the quality of buildings and infrastructure in the world's second largest construction market.”
Nestor Benavides, Chief Executive Officer of EMG, commented:
“All of us at EMG are excited to be the newest member of the Bureau Veritas Group. Bureau Veritas’ global reputation as a leader in testing, inspection and certification expands the value we can provide to our clients, not only in facilities, construction, and management but also in a wide array of other service areas. We are eager to present our clients with new opportunities to mitigate risk and improve performance. Joining forces with Bureau Veritas is an exceptional fit for both organizations, and we are looking forward to presenting our joint value proposition to both EMG and Bureau Veritas clients."