Jamieson is pleased to announce its role in advising Keryn James, Simon Crowe, David McArthur and the Partners of ERM on the sale of the business to KKR, from OMERS Private Equity and AIMCo. As part of KKR’s investment, ERM Partners will continue to be shareholders in the business. KKR’s investment is being made through its Core Investments strategy, which represents capital targeting longer-term opportunities.
Over the last 50 years, ERM has built deep and broad technical expertise in environmental health, safety, risk and social matters with a first-class team of more than 5,500 purpose-driven consultants, including 580 partners, across 150 offices in over 40 countries. ERM supports its clients in every part of their organisations, from boots to boardroom, with a focus on operationalising sustainability and implementing environmental, social and governance (ESG) best practices. ERM helps its clients shape their ESG strategies, as well as identify and address their key sustainability issues.
“As a partnership based business, achieving the right incentive outcomes for the Partners and staff of ERM was a critical success factor in this transaction. The support we had from the Jamieson team in developing and negotiating the management incentive package was nothing short of exceptional.”
Keryn James, CEO
Stuart Coventry, Jonny Jones and Rowan Wright advised the ERM team.
The transaction is expected to close in the third quarter 2021, subject to regulatory approvals and other customary closing conditions.