New York Real Estate Journal

MGAC expands UK presence with Flint + Partners acquisition

September 10, 2024 - Outside The Region
Peter Flint

London, UK MGAC, a global project and cost management consultancy, is strengthening its UK presence by adding Flint + Partners, a boutique construction consultancy providing strategic advisory, project management, and cost management services. The acquisition consolidates the previous strategic partnership between MGAC and Flint + Partners by bringing the latter under the MGAC banner. As part of the move, Peter Flint, one of the founding partners of Flint + Partners, will serve on the MGAC leadership team as executive managing director and, based in the London office, will lead the UK team to grow the business and deliver a modern client services approach.

Since expanding to the UK in 2021, the Washington, DC-based MGAC has seen more than 50% growth across its European and North American teams, now with more than 350 professionals serving a full range of clients from the firm’s 11 offices globally. In the UK, MGAC has delivered more than 30% revenue growth in that time and is expected to double its business within five years. Flint + Partners brings a track record of success helping clients deliver their property projects with an outcome-first approach. The Flint + Partners team, led by Flint and directors Paul Davis and Radhika Sathy, will continue to execute its full range of services and growth strategies, now as part of the global MGAC brand.

“This next step in our partnership with Flint + Partners will allow us to be more agile and entrepreneurial across our current and target markets,” said Mark Anderson, president and CEO, MGAC. “Peter Flint and I share a vision of a comprehensive project management services-led business model that can adapt to and lead rapid industry shifts. Bringing the Flint + Partners team to MGAC will further strengthen our commitment to client service, forward thinking, and a more inclusive industry.”

In the UK alone, MGAC brings a team of more than 100 professionals across four offices in London, Birmingham, Brighton, and Glasgow. Core services include project management, cost management, portfolio management, technology solutions, and health and safety. MGAC has led projects for clients such as the BBC, British Airways, National Health Service, Public Properties, ESCP Business School, University of Strathclyde, University of Birmingham, Football Foundation, Solum, Court Collaboration, and OneHousing, among others.

“Since we formed our partnership in March, we have already built a more nimble and innovative business in the UK and internationally,” said Flint. “Joining MGAC fully will allow us to accelerate our growth goals and streamline our business development approach, as well as build a truly integrated service model. Most importantly, MGAC and our team align fully on the desire to lead a diversified and progressive advisory approach.”

Before joining MGAC, Peter Flint was a founding partner of Flint + Partners and brings more than 34 years of diversified experience as a global construction consultant across all sectors, both private and public, in Europe, the Middle East, Africa, and Australia. He has successfully led large, multi-faceted businesses within partnerships and global corporations alike.