Coffey
Subscribe to
Coffey News
Firstname
Lastname
Email

Coffey acquires specialist European international development business The Evaluation Partnership

(14 April 2009) Global engineering and project management consultancy Coffey International Limited (“Coffey”) today announced it has acquired European international development business The Evaluation Partnership (TEP) for £1.1 million funded from its existing acquisition debt facility. The deal will be subject to an earn out over the next 2 years of operation.

The 13-person business is based in Richmond, United Kingdom, and will merge with Coffey subsidiary Coffey International Development.

TEP provides specialist policy monitoring and evaluation services to the European Commission and has worked with most of the Directorates-General over the past five years.

The business carries out evaluations throughout the policy making cycle, from initial setting of agendas, to decision-making and the review of outcomes across the whole policy spectrum from trade to agriculture to health to education.

Evaluations are used as a critical component by almost all Directorates-General in the European Committee, by other European institutions, by member state public sectors and increasingly by the private sector.

Coffey managing director Roger Olds said: “This is a strategic acquisition which provides access to the European Commission as a new client for Coffey International Development. The services that TEP provide are an important part of our expanding business in Performance Monitoring and Improvement. This is a core service requested by governments and donor agencies around the world, and we see the growth potential by building the TEP business to support projects for other Coffey clients, including the UK Department for International Development, the United Nations, USAID, the World Bank and AusAID.”

“Established in 1990, TEP has built an excellent reputation as a valued advisor to the European Commission and has a strong cultural fit with Coffey. The knowledge, experience and relationships TEP brings will be highly complementary to those already established by Coffey International Development.”

Coffey International Development is a leading global international development consultancy, which implements and manages projects designed to strengthen social infrastructure, such as economic growth, law and governance, stabilisation and disaster recovery, capacity building, education, health and training. Coffey International Development employs more than 1400 people in more than 80 countries.

-ends-

Media contacts:

Diana Krause, Communications Manager, Coffey International Limited
P: (+61) (3) 9473 1300; M: (+61) 420 959 942; E: diana_krause@coffey.com

Brigitte Claney at Mendleson Communication
P: (+61) (3) 9827 0422; M: (+ 61) 412 189 558; E: brigitte@mendleson.com.au