TSA Management’s life in Quadrant Private Equity’s stable is off to a flying start, with the group set to snare an infrastructure consulting business from ASX-listed Worley
Street Talk can reveal TSA has inked a deal to take control of Worley’s Capital Projects Advisory team, which sits in its consulting/strategy arm Advisian.
The CPA team includes more than 110 infrastructure specialists, and will take the whole business, including the fast-growing advisory arm to a 530-person strong, $150 million-a-year unit, sources said.
Established in 2001, TSA focuses on projects in the public and private utilities and infrastructure space, and has offices in Australia, Kuala Lumpur, and Auckland and Wellington. The firm’s former clients include Sydney’s light rail networks, Inland Rail in Queensland and refurbishing Rod Laver Arena in Melbourne.
Source: Financial Review
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