News
This transaction expands J.S. Held’s global Construction Advisory Practice, supporting clients throughout the Middle East, Africa, Europe, and Asia Pacific.
JERICHO, N.Y. – January 15, 2020 – Global consulting firm J.S. Held announced today that it has entered into an agreement to acquire DBSConsult, a construction claims and disputes management firm operating out of the United Arab Emirates, delivering services from its offices in both Dubai and Abu Dhabi. This transaction expands J.S. Held’s global Construction Advisory Practice, supporting clients throughout the Middle East, Africa, Europe, and Asia Pacific.
“This is an exciting partnership for us,” said Sean Donohue, Senior Executive Vice President and Global Leader of J.S. Held’s Advisory Services Division. “The addition of the experts at DBSConsult strengthens our global team and aligns with our standards of quality and service on all assignments.”
DBSConsult has extensive construction claims and disputes experience in a wide array of industry sectors and has been involved in the preparation, defense, and settlement of claims and disputes on many of the region’s largest construction projects.
Mark Cohen, Senior Managing Director and J.S. Held’s Construction Advisory Services Global Practice Leader said, “The expertise of the DBSConsult team allows us to offer the local support our clients have requested, with the proven experience needed in complex projects. Bringing this group into J.S. Held is a tremendous benefit for our entire organization.”
DBSConsult will join the J.S. Held team of more than 1,500 consultants around the world. By joining forces with J.S. Held, DBSConsult gains access to additional resources and experts to provide clients with an expanded suite of technical and scientific, financial, and strategic consulting services.
“Joining J.S. Held allows us to share our expertise with another client-centric, expertise-focused organization,” said David Brodie-Stedman, Managing Director of DBSConsult. “Our clients will benefit from a new suite of technical services that can better support their needs.”
Mr. Brodie-Stedman will join J.S. Held as a Senior Managing Director and lead the firm’s Construction Advisory business in the Middle East and Asia Pacific. The transaction is expected to close in early Q1 following receipt of applicable approvals.
J.S. Held was founded in 1974 and now has over 100 locations across the United States, Canada, Latin America, Europe, Asia Pacific, and the Middle East.
About J.S. Held
J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets.
The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations.
J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a part of J.S. Held, member FINRA/ SIPC or Ocean Tomo Investment Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights reserved.