29 March 2021

Reimagining Project Consulting – TSA Management buys Advisian Team

TSA Management (TSA) is setting out to reimagine project consulting and to offer clients access to APAC’s leading project consultancy. TSA today announced that they had acquired the Capital Projects Advisory team from Advisian. Over 110 people join TSA’s Advisory arm, which creates a 530 person APAC Project Consulting business. The new organisation will offer clients access to a rare combination of independent, global, advisory and project expertise.

By combining live project management experience with expert advice, TSA believes that the feedback and knowledge developed on both sides of the project will create real value for the client. Lessons learnt in the project environment will steer advice for clients who are at earlier stages of development.

20-year-old TSA Management created its Advisory arm in 2020, which functions alongside its well-recognised Project management business. As well as offering infrastructure and commercial clients “whole of project” management services, the group have been able to provide specific advisory services such as transaction management and capital advisory.

The Capital Projects Advisory team works with a wide range of clients, including state governments and infrastructure providers. Drawing on strategic, technical, commercial and delivery expertise, the TSA Advisory team will work closely with the TSA Projects team, and they will deliver services across the full project lifecycle.

110 staff from the Capital Projects Advisory team will be joining the 420 people at TSA. They will be operating under the TSA Advisory brand across offices in Perth, Melbourne, Sydney, Brisbane, Auckland, Wellington and Kuala Lumpur. This is the largest integration that TSA has undertaken and strongly aligns with the growth ambitions of TSA’s new capital partner, Quadrant Private Equity. The deal comes just over a year after TSA acquired the project advisory group Calcutta.

TSA staff will have greater opportunity to work on the most interesting projects, and TSA will be able to do more to effect positive community impact.

TSA’s CEO, Andrew Wilson, said, “We wanted to create a place where our staff and our clients could be excited by what we are building. There are very few independent global project consultancies, and we wanted to create one here in Australia and New Zealand. The Advisian team have deep experience in Capital Projects Advisory, and we know our clients are excited by the change. We are excited to have the Capital Projects Advisory team join our advisory business. We know them well and have been talking to them for some time, as we know their skill set will complement our existing team.”

Quadrant’s Alex Eady echoed Andrew Wilson’s comments saying, “TSA has a long history of growth, including via acquisition. Together with TSA, we have big ambitions to continue this growth and CPA is an exciting first step toward a number of acquisitions I expect we will together target in the next 18 months.”

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