GlobeNewswire

2024-08-06 22:05

Gardiner & Theobald Completes Long-Term Strategic Partnership With Hennick & Company

All 157 Partners to Remain Long-Term Owners | Brand, Independence & Legacy Maintained | Firm Poised for Continued Growth in the United Kingdom and Beyond

LONDON and TORONTO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Gardiner & Theobald LLP (“G&T”), an independent construction and property consultancy with 1,400 professionals providing project management, cost management, infrastructure management and specialist consultancy across all sectors of the built environment announced today that it has completed a long-term strategic partnership with Hennick & Company, Inc. (“HennickCo”), a private firm focused on making long-term investments in well-managed, growth-oriented and scalable professional services firms. The new strategic partnership will preserve G&T’s independence, brand and heritage while positioning the firm for continued growth and expansion throughout the United Kingdom, the United States, Ireland and beyond. For the 12 months ending 30th April 2024, G&T generated global revenues of GBP£292 million (US$379 million).

For G&T, this new partnership is an important step in the continued evolution of the practice since its founding in 1835 and will enable further growth and innovation while maintaining the firm’s distinctive culture. This investment establishes a long-term partnership that sees G&T continue as a Limited Liability Partnership, ensuring that the next generation of professionals have the opportunity to become partners in the future. 100% of the equity partners of G&T voted unanimously to support the partnership, recognising the strategic advantages of this new collaboration and the wealth of experience that HennickCo will bring to accelerate the growth of the firm. G&T will continue to be known as “Gardiner & Theobald LLP” and all partners and employees will remain in their current roles to ensure no disruption to the delivery of G&T’s World-Class Service to its clients – which remains paramount.

G&T’s entire senior leadership team, including its Managing Partner, Adam Glover, will remain in their current positions with full autonomy and control over day-to-day operations to ensure that the culture of G&T endures for the organisation’s talented professionals, clients and stakeholders. G&T will remain headquartered in the United Kingdom and will continue to operate under its current brand and in its present locations. As part of the transaction, HennickCo and G&T established a clear process by which the firm will expand its current ownership base over time to welcome the next generation of professionals into the partnership. This new structure will allow the firm to drive growth in its core markets and beyond while ensuring that G&T continues to attract and retain the world’s most talented project and programme managers, cost managers, and other specialist advisors.

Adam Glover, Managing Partner of G&T, said “We are delighted to welcome HennickCo as a long-term investor and well aligned strategic partner. This provides G&T with an even stronger platform and significant financial strength to grow our business. HennickCo shares the culture, ethos, values and entrepreneurial spirit which is at the heart of G&T. Getting to know and learning to work with them over a number of months we have developed a unique partnership solution which we believe will benefit both organisations over the long term. Most importantly, we believe this new partnership will benefit our clients, strengthen our World-Class Service offering and provide even greater opportunity for our people in the years to come. Our equity partners were unanimous in their support for the new partnership and all partners will remain in their current roles.”

Bradley Hennick, Managing Director of HennickCo, said, “We are honored to become a part of G&T’s incredible nearly 200-year legacy and look forward to working with Adam and the rest of the senior leadership team and partners to strengthen the firm’s market leading project management, cost management and infrastructure management platforms and position it for further growth and expansion. This transformational investment is yet another example of HennickCo’s ability to craft bespoke, long-term, partnership transactions that maintain the brand, legacy and independence of high-performance professional services firms on a global scale.”

Financial terms of the transaction were not disclosed.

ABOUT GARDINER & THEOBALD

G&T is a construction and property consultancy with 1,400 dedicated and highly specialised professionals committed to providing World-Class Service to its clients. Founded in 1835, G&T provides Cost Management, Project Management, Infrastructure Management and Specialist Consultancy across all sectors of the built environment. The firm is selectively international and operates from a network of offices in the United Kingdom, United States and Ireland. G&T is recognised as one of the leading consultancies in the sector and has delivered some of the world’s most recognisable construction and property projects, including complex corporate office schemes, high-end residential and mixed-use developments, critical infrastructure, energy and utilities projects, five-star luxury hotels, resorts and restaurants, arts, heritage and cultural venues, innovative healthcare and educational institutions, and large-scale industrial, manufacturing, data centre and life-sciences facilities. To learn more about G&T, please visit www.gardiner.com

ABOUT HENNICK & COMPANY

Hennick & Company is a private firm that invests in growth-oriented professional services and human capital businesses for the long-term. Since its founding, HennickCo has made a number of bespoke, long-term investments in a variety of globally recognised, high-performance professional services firms. As a privately-owned company backed by permanent capital, HennickCo can invest with a long-term time horizon, in any geography, in privately owned or publicly traded businesses, and at any point in the economic cycle. The firm does not have pre-determined investment hold periods and operates in an entrepreneurial fashion. HennickCo’s goal is to identify, invest in and participate in the growth of great professional services businesses in partnership with strong leadership teams and its investment partners. To learn more about HennickCo, please visit www.hennick.com.


MEDIA CONTACT, HENNICK & COMPANY:

Bradley Hennick
Hennick & Company
416.966.9500

Primary Logo

source: Hennick & Company; Gardiner & Theobald LLP

【你點睇?】馬斯克劍指美國國家民主基金會(NED),籲網民找出「罪證」。你認為若NED遭關閉,是否可促進全球和平穩定?► 立即投票

人氣文章
最近7天
1
PapaHome淘寶家具實體店22日開幕,選址尖沙咀中港城,料創100個就業機會
2
日入而息 | 習近平據報下周見科企領袖,證監會審視8券商孖展風控,大酒店轉蝕9億
3
高息定存 | 信銀國際12個月港元定存高達3.5厘
4
彭博亞洲20大富裕家族,香港5大家族上榜,新地郭氏排名最高,無李嘉誠李兆基?
5
David Webb:因病情惡化,將有序結束個人財經網站
6
【FOCUS】悟空、哪吒、DeepSeek,如何啟示香港
7
民營企業座談會 | 習近平今日上午在京出席民營企業座談會(不斷更新)
8
iPhone SE 4或於本周內上架官網
9
AI | 蔡崇信確認阿里與蘋果合作,撰文談DeepSeek崛起帶來兩大啟示
10
【FOCUS】比亞迪攪動「智駕」下沉,車企突圍須新戰略
1
港股 | 蕭猷華:內地AI發展迅速,阿里巴巴股價看俏
2
高息定存 | 一周高息合集,銀行高息搶存,富邦1個月4.88厘,華僑1年期3.6厘
3
PapaHome淘寶家具實體店22日開幕,選址尖沙咀中港城,料創100個就業機會
4
英偉達 | DeepSeek衝擊AI晶片行業結構 英偉達暴跌仍未急抄底
5
高息定存 | 華僑銀行推新春港元定存優惠,88天或188天享3.68厘
6
啟德體育園明天足球賽測試,4.4萬公僕參與涉逾400萬車馬費
7
環球央行 | 歐洲央行宣布再次減息0.25厘,符合市場預期
8
高息定存 | 花旗3個月港元定存息加至4厘,信銀國際3.88厘
9
電騙 | 黃俊碩:多管齊下,防治內地留學生受騙
10
一本萬利 | 2025年的五個「勿」(有片)
11
高息定存 | 一周高息合集,蛇年定存金蛇起舞,1個月定存高達8厘
12
易經看世界 | 乙巳蛇年趨吉五招:言行注意甚麼?應遠離甚麼人?(有片)
13
專訪 | 關稅戰 | 香港物流協會副會長梁庭彰:美物流商停收包裹對跨境電商打擊重大
14
港股 | 午市前瞻 | iPhone SE難救中國市場 專家提醒比電已超買
15
【FOCUS】螺絲殼裏做道場,DeepSeek致勝啟示
16
洪灝專訪 | 淘寶衝擊巨大,港樓價未反映大周期拐點(有片)
17
大S | 台灣藝人徐熙媛因流感併發肺炎逝世,享年48歲
18
新世界 | 摩通:新世界若債務違約或打開行業「潘朵拉盒子」
19
專訪|洪灝:美股更大跌幅在前面,恐需習慣4%通脹(有片)
20
DeepSeek推出即上蘋果中國區榜首,能力直追OpenAI
21
收市短打 | 楊韻銳:港股升勢有成交配合 惟留意關鍵阻力位!
22
港股 | 蕭猷華:春節假後,恒指逐步上望21000點
23
高息定存 | 一周高息合集,部分銀行逆市加息,南商3個月加至3.8厘
24
港股 | 午市前瞻 | AI應用概念炒作有錢途 下階段部署邊隻好?
25
【FOCUS】侵侵呼籲全球「降息」,日銀祭18年最激進加息
26
馬斯克明拆特朗普台,指其星際之門計劃「假大空」
27
特朗普就職 | 特朗普上台後行動列表
28
日入而息 | 習近平據報下周見科企領袖,證監會審視8券商孖展風控,大酒店轉蝕9億
29
神州經脈 | 特朗普或與華討論關稅,人民幣大漲,滬指連升兩周
30
高息定存 | 富邦一周港元定存高達9.88厘,一個月4.88厘
專業版
HV2
精裝版
SV2
串流版
IQ 登入
強化版
TQ
強化版
MQ

【etnet 30周年】多重慶祝活動一浪接一浪,好禮連環賞!

etnet榮獲第六屆國際信息商會議「最佳信息商」白金獎

etnet榮獲HKEX Awards 2023 「最佳證券數據供應商」大獎

貨幣攻略

大國博弈

說說心理話

Watch Trends 2024

北上食買玩

Art Month 2024

理財秘笈

流感高峰期

山今養生智慧

輕鬆護老