Consultant swoops on $5m-turnover New York firm Ferzan Robbins & Associates
Turner & Townsend has snapped up New York-based project manager Ferzan Robbins & Associates (FRA) to target further US expansion.
The takeover of the $5m-turnover (£3.2m) firm takes Turner & Townsend’s total staff in the US to 170 across five locations in the country.
FRA has worked on a series of high-profile projects, including the renovation of the Waldorf-Astoria in New York, and for clients including Bloomberg, Société Générale and MTV.
FRA co-founders Peter Ferzan and John Robbins will both join Turner & Townsend’s US business, along with their 21 staff.
Vincent Clancy, Turner & Townsend chief executive, said: “Ferzan Robbins & Associates is a real find for us: a team with deep experience, an outstanding reputation and a client list boasting many Fortune 500 companies across a wide range of sectors including banking, media/communications and hotels/hospitality.
“Many of our US clients are major owner occupiers with extensive property portfolios. They are looking for consistent and integrated support throughout the US. This merger gives us the critical mass to provide that assistance.”
FRA co-founders Ferzan and Robbins said: “We founded Ferzan Robbins & Associates to provide industry-leading, truly independent client representation across all the project management disciplines.
“By joining with Turner & Townsend we have the ability to provide our clients with market-leading systems and best practice from around the world – improving their projects and our own ability to grow.”