December 2017
Equiteq, the consulting sector M&A specialist, is pleased to announce its client Livingbridge, an independent private equity investor, has invested in the Australian infrastructure and property project management consulting firm, TSA Management. Equiteq Australia acted as exclusive buy-side M&A adviser. The transaction closed on 1st December 2017.
Livingbridge, a mid-market private equity firm have invested in fast-growing companies for over twenty years. Having worked with Equiteq previously on investments such as clinical consulting firm, Four Eyes Insight, and IT services firm, The Test People, this is Livingbridge’s first investment in Australia. Established in 2001, TSA Management is a leading Australian based project management consulting firm, servicing private and public clients in the infrastructure and property sectors. It employs over 150 skilled staff across East-Coast Australia with a presence in Sydney, Melbourne, Brisbane, Newcastle and Canberra. Highlighting TSA’s attraction to Livingbridge, Gareth Young, Managing Director, Livingbridge Australia said "TSA has built a talented workforce, specialist experience and long-standing client relationships across a diversity of infrastructure and property markets. We are excited to help them progress to the next stage of their growth.” Andrew Wilson, TSA’s CEO added "We look forward to capitalising on both Livingbridge's investment and their know-how to support our expansion into new sectors and geographies." Pierre Briand, Managing Director of Equiteq Australia commented: “We are delighted that Livingbridge chose Equiteq for their first Australian investment. Not only is the TSA Management deal a milestone for us and our client, it is an example of the infrastructure boom, a growing and key sector for the Australian economy. During this competitive delivery process, Equiteq’s expertise in the consulting sector as well as its investment banking capability were fully leveraged”. Young added, “Equiteq were invaluable in providing sector specific advice to support our investment in TSA Management.” To see all of our deals, please click here. ©Equiteq 2017