Target Information
Egis is Ireland's largest multi-disciplinary consultancy, engineering, and operations firm. Recently, the company announced the creation of 100 new jobs, coinciding with the official opening of its revamped engineering headquarters at Classon House in Dundrum, Dublin 14. Egis has already enhanced its workforce by recruiting 80 new engineers over the last two years, raising its total number of employees in Ireland to over 630, across 16 offices and sites.
This expansion of job opportunities follows Egis’s recent acquisition of JB Barry & Partners, completed in 2023. This strategic acquisition enhances Egis’s capabilities and market presence in Ireland, as JB Barry & Partners is recognized for its involvement in major projects, including upgrades to the Ringsend Wastewater Treatment Plant in Dublin and significant road developments such as the N22 Cork to Limerick route and the N17/N18 Gort to Tuam PPP motorway scheme in Galway.
Industry Overview
The infrastructure sector in Ireland has seen significant growth in recent years, fueled by increased investment in major national infrastructure projects. The government has prioritized the upgrading and maintenance of critical infrastructure, an effort to bolster economic growth and ensure functionality across major transport, energy, and utilities sectors.
Consulting and engineering firms within the country are benefiting from this trend, with numerous contract awards being distributed. Companies active within this environment must adapt rapidly to the demands of market needs, innovation, and environmental sustainability, aligning with both governmental objectives and EU standards.
Egis has positioned itself strategically within this landscape, capitalizing on national contracts to operate and maintain vital infrastructures like tunnels and major highways. Among its recent achievements, the award of a contract from Transport Infrastructure Ireland to maintain the Dublin Tunnel and monitor 1,200 km of motorway underscores their crucial role in supporting national transportation networks.
The firm’s involvement in various projects, such as those related to the Sisk Sorenson joint venture for the construction of the new Adare Bypass and the REPower EU Energy Survey assessing energy efficiencies in 4,000 schools, showcases the diverse application of engineering expertise within the growing marketplace.
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Rationale Behind the Deal
The decision to create 100 new jobs aligns with Egis’s commitment to enhance its operational capacity in response to increasing demands from both the public and private sectors. This move not only addresses the immediate need for skilled professionals but also lays the foundation for sustained growth in an environment ripe for infrastructure development.
Furthermore, the acquisition of JB Barry & Partners significantly boosts Egis’s engineering prowess and footprint in the Irish market, positioning the company to better fulfill current project demands and to pursue future opportunities in the evolving landscape.
Investor Information
Egis is part of the French-headquartered Egis Group, an internationally recognized firm operating within the architectural, consulting, construction engineering, operations, and maintenance services sectors. The group's cohesive approach combines local expertise with global resources, enabling them to deliver sophisticated solutions across various markets worldwide.
With a proven track record spanning nearly three decades in Ireland, Egis brings extensive knowledge and experience to various projects. This operational insight, paired with their commitment to innovation and sustainability, places Egis in an advantageous position to expand their services and market reach within Ireland’s growing infrastructure sector.
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From an investment standpoint, the creation of 100 jobs by Egis is a strategic move likely to yield positive long-term results. The expansion reflects a proactive response to the growing demands of the infrastructure sector, signaling confidence in ongoing national projects and future opportunities.
Given the recent acquisition of JB Barry & Partners, Egis is well-positioned to leverage the enhanced capabilities brought by this integration, facilitating the execution of more complex projects and fortifying its market presence. The company’s ability to attract and retain skilled professionals also indicates a robust organizational health and good market reputation.
Moreover, the recent contract wins, particularly in maintenance and operations of vital infrastructure, suggest a strong revenue stream that can fund further growth and innovation, reinforcing Egis's stature as a leader in the engineering consultancy landscape in Ireland.
In conclusion, this employment growth and the strategic steps taken by Egis present a compelling case for a good investment opportunity, indicating strong future potential in a sector that is expected to remain dynamic and essential to the country’s infrastructure needs.
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Egis
invested in
JB Barry & Partners
in 2023
in a Other Private Equity deal