Pure play sustainability advisory firm ERM announced today the acquisition of climate, clean energy, and water resiliency-focused advisory firm Coho.
Founded in 2010 by former McKinsey & Company energy practice leaders Gary Farha and Dilip Kamat, Maryland-based Coho offers services including strategy development and implementation support to help clients reduce emissions, procure renewable energy, achieve electric vehicle transitions and supply chain improvements, and enhance water resiliency.
Coho founder and CEO Gary Farha said:
“At this pivotal point in our evolution, we are looking forward to accelerating our impact on the market and climate. Through joining ERM we are expanding the reach of our services globally, to both new and existing clients.”
According to ERM, the acquisition aims to enable the firm to further support clients to deliver their climate goals and address opportunities presented by decarbonization and water optimization.
The transaction builds on a series of recent consulting and advisory acquisitions by ERM, including marine planning and environmental consultancy MarineSpace, specialist energy consultancy and low-carbon technology solutions firm Element Energy, Dutch sustainability consulting firm Sustainalize, energy, sustainability strategy consultancy E4tech, renewable energy advisory firm Renewables Consulting Group (RCG), Canadian sustainability and ESG advisory firm Stratos, and climate change and sustainability consultancy Point Advisory.
Susan Angyal, Regional Chief Executive Officer for North America at ERM, said:
“At a time when commitments such as the Inflation Reduction Act present a historic opportunity to build a new clean energy economy, we are delighted to welcome Coho’s specialist climate, renewable energy and water consulting expertise to ERM.”