Artemis Origination is pleased to announce its support for global management consultancy Steer with the origination of a new partnership with Amberside Advisors. The combination will enhance Steer’s financial advisory services, adding sector specialisms in renewable energy, transport and infrastructure.

Global management consultancy enhances financial advisory services

Steer is an employee-owned consultancy with 22 offices across North America, Latin America, UK, Europe and India. Since 1978, the firm has provided pioneering planning, design and advisory services to government and business — with a particular focus on projects that develop cities, infrastructure and transport.

For more than a decade Amberside has supported the world’s leading developers, funds and public sector organisations to deliver world-changing infrastructure and low carbon projects. Amberside has delivered over 1,500 projects, with project asset values of over £14bn, across 26 sectors, and more than 30 countries. Furthermore, the Amberside team has worked on over half of the UK’s PFI/PPI projects, actively supporting mandates that have provided over 10GW of renewable energy.

Alignment of values, expertise and client commitment

Hugh Jones, CEO at Steer, says: “We are delighted that Amberside Advisors is joining Steer, bringing world-class financial advisory expertise across energy, transport and low carbon solutions. Through our aligned values, expertise, and unwavering commitment to clients, I have every confidence that together we will make a powerful impact across our markets. We look forward to welcoming our new colleagues and growing in partnership.

Regarding Artemis’ role in the transaction, Jones continues: “Artemis was critical to the origination of this transaction: from initial market scanning and target identification to proactive communication with potentials, to ultimately engaging us with Amberside. They gave us a holistic, insightful, live view of the market and access to the best participants.”

Convergence

Paul Dondos, CEO at Artemis, comments: “This transaction represents the convergence of financial advisory and infrastructure domain expertise, alongside an ESG agenda. It’s just the type of accelerated, compound outcome that M&A is designed to deliver. But finding the ideal partner is easier said than done! It’s been a pleasure to work with Steer to enable such a significant milestone in its growth journey.’

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