Mace has acquired Turton Bond, an independent construction consultancy service, for an undisclosed amount. This corporate acquisition signifies Mace's expansion of its service capabilities and market presence.
Founded in 2019, Turton Bond provides a range of construction consultancy services, including project management, cost management, program management, and dispute resolution. The company distinguishes itself through a modern approach to the traditional consultancy profession, emphasizing technology and the development of web-based applications to enhance client value and mitigate project risk. Turton Bond operates across multiple major U.S. cities, including New York, San Francisco, Los Angeles, Seattle, Houston, and Dallas.
The acquisition is strategically aligned with Mace's objectives to enhance its offering in the construction advisory sector. By integrating Turton Bond's innovative, tech-centric methodologies with Mace's existing operations, the combined entity is expected to deliver a more comprehensive and technologically advanced suite of consultancy services to clients.
Expected synergies include the expansion of Mace's footprint, particularly in the North American market, and the incorporation of Turton Bond's digital solutions into broader service delivery. This integration aims to improve efficiency, client engagement, and the overall value proposition for complex construction projects. The acquisition represents a strategic move to blend established industry expertise with forward-thinking digital innovation.
The combined operations are anticipated to strengthen their market position, offering clients a blend of experienced consultancy and modern, tech-enabled solutions designed to optimize project outcomes and respond to evolving industry demands.