Deloitte advises on the sale of WME Middle East and India to Egis Group
Deloitte has successfully advised and supported the owner and management of WME on the sale of their Middle East and India operations to Egis Group, a leading global consulting, construction engineering and operating firm.
WME is one of the region’s leading multi-disciplinary engineering design consultancies focusing on performance, economics and sustainability. They provide innovative, sustainable and cost-effective solutions in civil, structural, mechanical electrical and plumbing (MEP), AV/IT and security, architect of record and infrastructure engineering services for the built environment.
The acquisition complements Egis Group’s existing portfolio of multidisciplinary engineering, project management services and the general engineering buildings services, by enhancing the company's end-to-end capabilities in the Middle East as clients look to improve building and infrastructure project efficiencies while reducing their environmental impact.
“We are delighted to have supported the owner of WME Middle East on his successful exit to Egis Group. This transaction further demonstrates our commitment to regional SMEs seeking a business sale to an international buyer,” said Mark Taylor, Corporate Finance Advisory, Deloitte Middle East, who led the M&A team advising WME.
“WME has distinguished itself as a leading player in specialised engineering consultancy in the region. We are very pleased to have successfully advised them on this transaction and we are excited about the opportunities that this partnership with Egis Group unlocks,” said Sami Faloughi, Corporate Finance Advisory, Deloitte Middle East.
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About Deloitte & Touche (M.E.) LLP:
Deloitte & Touche (M.E.) LLP (“DME”) is the affiliate for the territories of the Middle East and Cyprus of Deloitte NSE LLP (“NSE”), a UK limited liability partnership and member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”).
DME is a leading professional services firm established in the Middle East region with uninterrupted presence since 1926. DME’s presence in the Middle East region is established through its affiliated independent legal entities, which are licensed to operate and to provide services under the applicable laws and regulations of the relevant country. DME’s affiliates and related entities cannot oblige each other and/or DME, and when providing services, each affiliate and related entity engages directly and independently with its own clients and shall only be liable for its own acts or omissions and not those of any other affiliate.
DME provides audit and assurance, consulting, financial advisory, risk advisory and tax, services through 29 offices in 15 countries with more than 5,900 partners, directors and staff.
About Deloitte:
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL, NSE and DME do not provide services to clients. Please see www.deloitte.com/about to learn more.
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