Private equity firm Waterland Ireland has partnered with engineering, architecture and project management consultancy McAdam Group, which operates across Ireland and the UK.
Founded in 1963, McAdam has offices in Belfast and Cork and has a workforce of more than 200 people who provide engineering, architecture, project management, environmental and health and safety services to public and private-sector clients.
Waterland said the partnership will support McAdam’s next phase of growth, enabling the business to continue investing in its people and technical capabilities, deepen its presence in existing markets and pursue opportunities for organic expansion and strategic acquisitions.
McAdam’s existing leadership team will continue to lead the business, maintaining its focus on high-quality client service and project delivery.
Donal Mac Nioclais, Partner at Waterland Ireland, said that what stood out about McAdam was the depth of expertise across the business and the trust it has built with clients over many years.
“Our role will be to help them build from that position – backing investment in people, supporting the development of new services and providing the resources to pursue the right opportunities while retaining the qualities that make McAdam distinctive,” he said.
Martin Hare, Managing Director of McAdam Group, said that Waterland shares its ambition for the business and its commitment to delivering excellent outcomes for clients.
“With its strategic support, investment experience and international network, we will be able to accelerate our growth while preserving the expertise, culture and client relationships that have underpinned McAdam’s success,” he added.
