· Turner & Townsend joins forces with asset management consultancy AMCL to create an end-to-end advisory service for both the owners of, and investors in, infrastructure assets
· Union follows their successful joint venture working for the USA’s largest public power company
Turner & Townsend, the global professional services consultancy, is to join forces with the specialist asset advisory company AMCL.
AMCL is headquartered in the UK and works across four continents advising asset-dependent businesses on how to maximise returns by developing world-class asset management capability.
The company provides performance diagnostics and capability analysis that allow asset owners to understand both the capability they need to build, and how to build it.
Working in tandem with Turner & Townsend’s capital programme delivery experts, AMCL’s global team of 45 specialist consultants will now bolster the combined company’s offering in advisory, programme management, project management and cost and commercial management services.
Together they will offer an end-to-end service to clients across all stages of the asset lifecycle – from acquisition and planning through to delivery and operation.
The two companies previously worked together in a joint venture to produce a strategic asset management plan for the USA’s largest public power generator, the New York Power Authority.
Founded in 1997, AMCL has worked for Network Rail for more than a decade and has successfully delivered projects for several iconic UK brands including Scottish & Southern Electric, Transport for London and Crossrail.
Vincent Clancy, Chairman and Chief Executive of Turner & Townsend, commented: “The next decade will see the largest investment in infrastructure spending ever witnessed. By investing in AMCL, Turner & Townsend has gained world-class skills that will allow us to offer a truly end-to-end service to our infrastructure clients.
“The need to manage assets effectively and efficiently with resources and funds under ever increasing pressure means asset management capability will become a growing priority for every infrastructure owner.
“The combining of AMCL’s skills with our own leaves us uniquely placed to deliver tangible improvements to the way our clients develop new, and operate existing, assets.”
Martin Pilling, Operations Director of AMCL, added: “Joining forces with Turner & Townsend is a huge opportunity that will see us increase the value we offer our clients through extended implementation and delivery capability.
“We’re hugely looking forward to increasing our global reach, and building on our combined strengths to advise clients from planning through to delivery and operation.”
Richard Edwards, Technical Director of AMCL added: “The combination of Turner & Townsend’s programme delivery expertise with AMCL’s asset management pedigree is a potent one, and creates an offering that meets an increasing need in the industry.
“Together we are able to offer end-to-end advisory service that will prove compelling to both the owners of – and investors in – infrastructure assets.”