Phenna Group has acquired McCarthy Consulting Group, strengthening its presence in the Australian building surveying market as part of its global TICC strategy.
Target Company Overview
Phenna Group, headquartered in Nottingham, UK, is committed to investing in and partnering with selected independent Testing, Inspection, Certification, and Compliance (TICC) companies across various sectors. Their mission is to ensure peace of mind for customers by delivering top-notch testing and assurance services.
The acquisition of McCarthy Consulting Group (MCG), a prominent professional building surveying firm in Australia, signifies Phenna Group's 19th deal in 2025. This strategic move enhances Phenna's foothold in the Asia-Pacific region and integrates MCG's expertise with their existing Australian entities in the Built Environment Division, which includes Certis, MBC Group, Oracle Surveys, and Resolve Group.
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Industry Overview in Australia
The building surveying industry in Australia is characterized by a growing demand for professional services due to increasing regulatory requirements and a booming construction sector. Building Surveyors play a vital role in ensuring
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