Hunt Valley, Md., and Tempe, Ariz. — The newly combined company will create the nation’s largest technical assessment and project management consulting firm.
Hunt Valley, Md., and Tempe, Ariz. — EMG and Quality Project Management, LLC (QPM), two national, privately-owned companies that provide a broad range of services to real estate owners, retailers, commercial lenders, institutional owners and government entities, have merged to become the largest technical assessment and project management company in the United States. Effective September 2, 2014, the transaction will enable both EMG and QPM to provide more national coverage, technical resources and services to assist clients in managing their real estate assets throughout the life cycle.
“The decision to merge evolved over a 3-year period as both companies recognized the value a merger would bring to our clients,” says Claude N. Limoges, CEO of EMG.
“We can now offer more geographic coverage and subject-matter expertise, as well as serve a more diverse group of clients together than as individual organizations,” says Ronald F. Stupi, a principal of QPM. “Both companies share the same core values of reliability, accuracy, timeliness and experience.”
Each entity will maintain its headquarters, leadership and personnel. EMG will retain its name while QPM will operate as QPM: A Division of EMG. The merged company will employ approximately 450 people located in 37 states, serving the entire U.S., Canada and Puerto Rico. Financing for the merger was provided by M&T Bank’s Hunt Valley, Md., branch. Terms of the transaction were not disclosed.
Founded in 1986, Hunt Valley, Md.-based EMG is a national engineering, environmental and capital planning consulting firm that enables its clients to close commercial real estate transactions and manage the lifecycle of their portfolios for greater compliance and optimal long term value. The firm’s clients – including commercial lenders, institutional owners and government entities – benefit from its site and technical assessments, integrated and scalable operational processes and technologies, as well as its national team of experienced subject matter experts and project managers. For more information, visit www.emgcorp.com.
Headquartered in Tempe, Ariz., Quality Project Management, LLC (QPM) is a program and project management company specializing in construction and planned capital improvements for Fortune 500 companies across the United States. Working with clients across a broad range of industries including retail, restaurants, convenience stores, banking, grocery, airports, healthcare and hospitality, QPM helps to manage the budgets, schedule and quality of its clients’ projects, ensuring that dedicated funds are spent wisely. For more information, visit www.qpmllc.com.
Photo: EMG and QPM celebrate their merger. (L to R): Ken Sliter, Senior Project Manager, QPM; Nestor Benavides, President, EMG; Ronald F. Stupi, Principal, QPM.
SOURCE: EMG and Quality Project Management, LLC