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MEDIA RELEASE
14 April 2009
Coffey acquires specialist European international
development business The Evaluation Partnership
Global engineering and project management consultancy Coffey International Limited (“Coffey”) today
announced it has acquired European international development business The Evaluation Partnership
(TEP) for £1.1 million funded from its existing acquisition debt facility. The deal will be subject to an
earn out over the next 2 years of operation.
The 13-person business is based in Richmond, United Kingdom, and will merge with Coffey subsidiary
Coffey International Development.
TEP provides specialist policy monitoring and evaluation services to the European Commission and
has worked with most of the Directorates-General over the past five years.
The business carries out evaluations throughout the policy making cycle, from initial setting of
agendas, to decision-making and the review of outcomes across the whole policy spectrum from trade
to agriculture to health to education.
Evaluations are used as a critical component by almost all Directorates-General in the European
Committee, by other European institutions, by member state public sectors and increasingly by the
private sector.
Coffey managing director Roger Olds said:
“This is a strategic acquisition which provides access to
the European Commission as a new client for Coffey International Development. The services that
TEP provide are an important part of our expanding business in Performance Monitoring and
Improvement. This is a core service requested by governments and donor agencies around the world,
and we see the growth potential by building the TEP business to support projects for other Coffey
clients, including the UK Department for International Development, the United Nations, USAID, the
World Bank and AusAID.”
“Established in 1990, TEP has built an excellent reputation as a valued advisor to the European
Commission and has a strong cultural fit with Coffey. The knowledge, experience and relationships
TEP brings will be highly complementary to those already established by Coffey International
Development.”
Coffey International Development is a leading global international development consultancy, which
implements and manages projects designed to strengthen social infrastructure, such as economic
growth, law and governance, stabilisation and disaster recovery, capacity building, education, health
and training. Coffey International Development employs more than 1400 people in more than 80
countries.
-ends-
Media contacts:
Diana Krause, Communications Manager, Coffey International Limited
P: (+61) (3) 9473 1300; M: (+61) 420 959 942; E: diana_krause@coffey.com
Brigitte Claney at Mendleson Communication
P: (+61) (3) 9827 0422; M: (+ 61) 412 189 558; E: brigitte@mendleson.com.au
About Coffey
Coffey International Limited (ASX:COF) has been operating for 50 years, and is part of the S&P/ASX
300. We have a range of specialist businesses working in the social and physical infrastructure
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markets, and collectively, we aim to achieve our vision: global specialists solving emerging challenges
to improve the lives of communities.
Around the world, we are providing services at every stage of the infrastructure lifecycle – starting with
planning and financing the project, through development and resolving the technical challenges to the
management of resources, timelines and budgets. The cycle continues as we use our specialist
knowledge to ensure objectives continue to be met in the long term and infrastructure is appropriately
maintained.
Our work involves a wide range of built assets – like roads, buildings, gas pipelines, mines, and
sporting facilities – just about everything that is required to meet the demands of a growing world
population, rapid urbanisation and heightened environmental sustainability awareness.
Through our expertise, we are also enabling government and aid agencies to strengthen local
communities, increasing quality of life and living standards. We develop mechanisms and manage
projects across a range of social infrastructure, including economic development, education and
training and health.
We have over 4,000 people working on projects in more than 80 countries and permanent offices
throughout Oceania, the Americas, Africa, Asia and Europe. Our plans are to continue expanding our
specialist businesses through organic, transformational and acquisition growth.
Visit.coffey.com for more information.
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