IPS-Integrated Project Service has acquired Linesight, a multinational consulting firm headquartered in Dublin, Ireland.
IPS is a large EPCMV (Engineering, Procurement, Construction Management and Validation) company with 22 offices worldwide. Linesight is a fast-growing professional consultancy services organisation providing project controls to data centre providers, life sciences companies, commercial real estate, healthcare, hospitality, retail and residential sectors.
The acquisition is being approached as a future integrated partnership where IPS will leverage Linesight's experience and expertise in particular in the data centre sector and Linesight in turn will leverage IPS's expertise in the Life Sciences sector. Both organisations will expand their geographic reach, build on their bench strength and extend their service propositions for their target clients globally.
Linesight will continue to serve its clients as it always has, but now has the support of a much larger organisation behind it.
Dave Goswami, CEO of IPS, said: "By leveraging both companies' strong track records and combining our skills and management horsepower, we expect to make a meaningful positive difference in the industries we serve."
Linesight CEO Paul Boylan added: "This is a pivotal point in Linesight's long and successful business history and will enable us to deliver on our ambitious strategic plans, expand into new geographies to better service our client needs and extend our portfolio offering in our existing and new target markets."