TSA Management makes second UK purchase in as many months

06 June 2023 Consultancy.com.au 3 min. read
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UK dispute resolution specialist DGA Group has been picked up by TSA Management, continuing a run of acquisitions which have helped the Australian project consultancy grow by 400 percent in five years.

TSA Management has backed up last month’s foray into the UK market with its second local acquisition in quick succession, picking up contract and dispute resolution specialist DGA Group.

The deal will add a further 60 professionals to TSA’s headcount in the United Kingdom, Singapore, and Australia, following the 200 who have crossed as part of the firm’s recent purchase of London-headquartered Henry Riley.

TSA Management makes second UK purchase in as many months

“The DGA Group partnership delivers on our UK and Southeast Asian growth strategies while expanding our contract and dispute resolution service capabilities,” said TSA CEO Andrew Wilson. “Consolidating our presence in the UK and Asia markedly progresses our vision to be the leading global project consultancy. The combination of DGA, Henry Riley and TSA means our clients can access over 900 project experts globally.”

Established in Sydney in 2001, TSA has upwards of $200 billion worth of projects currently under management, with the private equity-backed firm noting it had increased its revenues by 400 percent over the past five years due in part to its strategic acquisitions, which have during that period further included New Zealand-based project consultancy Xigo, Sydney’s Calcutta Group, and Advisian’s Capital Projects Advisory practice.

Meanwhile, DGA was established by CEO David Gibson as a one-man consulting operation in 1993, since growing to serve international property and infrastructure clients on a range of matters including risk management and claims & disputes. DGA has had a presence in Australia since 2019, its local practice overseen by regional director John Donnelly, and only last month made its own acquisition of delay & planning consultancy Chronos.

“Joining TSA brings immediate scale to our operation and creates opportunities to develop business across our combined geographies, clients, and sectors,” Gibson said. “The breadth of TSA’s services means we can offer our clients a solution to almost any of their needs, and creates tremendous opportunities for the development of our people. This is a new and exciting chapter for our business, and we are excited to see what the venture will bring.”

TSA’s more recent move into the UK market has come in a somewhat roundabout fashion, in the sense that former private equity owner – London-based Livingstone – sold its interest in the consultancy to Aussie counterpart Quadrant in 2021 in a deal reportedly worth more than $200 million. Quadrant last year sold local digital consultancy ARQ to NCS, before more recently investing in a trio of New Zealand-based cybersecurity consultancies.