Henry Riley teams up with TSA
The cost and project management business, which has a Newcastle base, has announced a partnership with TSA Management, a business with 650 people across Asia-Pacific.
TSA is a major project management and advisory business, working in Australia, New Zealand and Malaysia. The agreement allows TSA and Henry Riley to expand their reach, experience and expertise to almost 900 project professionals across 24 offices.
Henry Riley’s Newcastle team is 15-strong and is based in Grey Street.
The companies said that the partnership will provide TSA and Henry Riley people with the opportunity to work in new regions and sectors, and with new clients, growing individual and collective skills and experience. As a business, they will be able to better service their UK and international clients with a broader service offering.
David Needham, chief executive of Henry Riley, said: “As part of our five-year business plan, and in line with our ‘be ambitious’ value, we are looking to accelerate our growth. Not for the sake of growth alone, but for the value and opportunities growth creates for our business, and most importantly, our people.
“We feel TSA share our people-first culture and our commitment to integrity, as well as our broader values. From the start, our conversations have centred on what this move might mean for our people. We believe this partnership creates something bigger than the sum of the parts – truly a 1+1=3 opportunity.”
Andrew Wilson, chief executive of TSA, said: “As a business, we are looking to diversify geographically, and feel that the UK generally, and Henry Riley specifically, are a fantastic fit from a cultural, regulatory and project perspective.
“We work in many of the same sectors and offer some similar services, however we do have different areas of expertise – for example, Riley’s cost management experience is a growth opportunity for TSA. Understanding and growing from each other’s regional knowledge, specialties and experience will benefit us both.”