KPMG in Ireland has acquired leading Irish construction project and cost consultancy firm KMCS for an undisclosed sum. Founded in 1954, KMCS provides services in the areas of cost and project management in Ireland and overseas. KMCS’ staff of 35 will be fully integrated within KPMG and CEO Nigel Spence will lead the new business unit. Nigel and his team have an extensive background in construction project management, cost consultancy, mechanical & electrical cost management and consultancy services.
Over the past several decades, KMCS have consulted on a wide range of projects in Ireland and abroad and clients include Facebook, Stripe, Primark, Westridge Real Estate, Riot Games and FiServ.
They also have a strong background in supporting Irish and international clients in various sectors as they seek expertise in significant construction and related projects. It is intended that KMCS will relocate to KPMG’s offices at Stokes Place, Dublin 2 in mid-2022.
Pictured at the announcement of KPMG’s acquisition of KMCS are Fiona Mullally, Director, KMCS; Seamus Hand, Managing Partner, KPMG; Mark Collins, Partner and Head of Deal Advisory, KPMG, Nigel Spence, Managing Director KMCS, Orla McGuirk, Director, KMCS and Pat Walsh, Director, KMCS
Seamus Hand, Managing Partner of KPMG in Ireland said: “We believe that the acquisition of KMCS is a great opportunity, representing another component of our growth strategy. Meeting the transforming and innovative needs of our clients is a vital part of what we do. This transaction does just that by combining the deep expertise of the KMCS team with KPMG’s capabilities, experience and client base across a number of industry sectors. As Ireland continues to attract high levels of foreign investment this is a timely acquisition which will facilitate investors when considering the allocation of capital to investment in Ireland.”
Nigel Spence, Managing Director of KMCS said: “This is an incredibly exciting time for the KMCS team as we bring our business to the next level. Combining our deep skills and construction consulting expertise with the depth, reach and reputation of KPMG provides really exceptional opportunities for our combined business and our extended client base.”
Mark Collins, Partner – Head of Deal Advisory said: I’m looking forward to working with Nigel and his team in delivering bespoke solutions to our wide and varied range of clients. This is a great example of where the potential of our respective businesses combining has been recognised at a time of tremendous change and opportunity in the delivery of major projects.”
KMCS is a leading construction project and cost consultancy firm founded in 1953. Employing 35 people and led by Managing Director Nigel Spence, it provides construction consulting and related services to a wide range of multinational and domestic client.
For more information, contact:
– Nuala Buttner, Q4 Public Relations, Tel 085 1744 275, email email@example.com
– Kelli O’Malley, Communications, KPMG in Ireland, Tel 087 050 4169, email firstname.lastname@example.org
For any future details about KMCS, you can find us at our new home KMCS@KPMG