Pure play sustainability advisory firm ERM announced today the acquisition of marine planning and environmental consultancy MarineSpace.
Founded in 2006, UK-based MarineSpace provides strategic and technical advice to a variety of coastal and marine industries, helping clients to develop responsibly, efficiently, and successfully. Services and capabilities include feasibility, site selection, consenting, permitting, and management services for marine development projects, geological, geophysical, and ecological surveys, marine development and planning, data management and interpretation, and marine archeology and maritime engineering.
Phil Durrant, Managing Director at MarineSpace, said:
“We are excited about joining ERM and expanding the reach of our marine expertise. Our culture and current client base will complement and accelerate ERM’s ability to work on marine infrastructure projects.”
According to ERM, MarineSpace UK-based team of marine scientists and development consultants will bring expertise to enable the company to offer consulting and services to marine developers globally, including the full offshore renewable project lifecycle.
Stuart Lowe, Founder of MarineSpace, said:
“The best-in-class marine expertise we offer will bring ERM a breadth of skills and depth of resources to respond rapidly to evolving market needs. For our people at MarineSpace, it gives them the opportunity to be part of a global consultancy and develop personally and professionally as part of ERM’s global footprint.”
The transaction builds on other consulting and advisory acquisitions ERM has made over the past several months, including 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.
Tom Reichert, ERM Group CEO, said:
“MarineSpace is bringing best-in-class marine expertise to ERM at a time when the shift to renewables as part of the global energy transition has never been more critical. We’re looking forward to working with the MarineSpace team to support more marine infrastructure projects around the world, as part of our ambitions to meet the needs of the rapidly evolving renewables market and shape a sustainable future with the world’s leading organizations.”