SOCOTEC Group, a global leader in testing, inspection and certification (TIC) in the construction, infrastructure and environment sectors, has acquired Base Quantum, a Quantity Surveying, Dispute Resolution and Expert Witness practice, based in the UK.
Base Quantum is a fast-growing organisation dedicated to the provision of Quantity Surveying services in relation to the pre and post contract commercial management of construction and infrastructure projects, and Expert Witness services involving the evaluation of change, loss, damages and risks in disputes and litigation in relation to a wide range of construction and infrastructure projects across the globe. The acquisition will naturally reinforce SOCOTEC’s value proposition in the UK, extending its offering of high value-added services.
With a turnover of £11 million and an accretive margin for SOCOTEC, Base Quantum identifies, analyses and manages the risks that are inherent in any significant construction, renovation or maintenance project in the construction, real estate, infrastructure, and environment sectors.
Risk analysis can be carried out at any stage of the project lifecycle; from contemporaneous, proactive risk management such as advising on and negotiating contracts, commercial contract management and administration, and project advisory services, to post contract forensic quantum assessments in disputes, litigation, and other formal dispute resolution proceedings.
Base Quantum’s Expert Witnesses are instructed by law firms throughout the UK and globally in the context of litigation, arbitration and other dispute resolution for participants in the construction process including international contractors, government institutions, insurance companies, investors, developers and major groups in the construction and infrastructure sectors.
Nicolas Detchepare, CEO of SOCOTEC UK commented: “The acquisition of Base Quantum reinforces the expertise of SOCOTEC’s construction and infrastructure, with the added capacity to analyse our clients’ projects and the associated risks (such as delays and costs). It also allows us to support them with litigation matters by offering a combination of engineering, quantified risk analysis and expert witnesses.
“Combining consulting and expert witness with technical expertise allows SOCOTEC UK to hold a unique strategic position in the TIC market, integrating all of the value chain. Beyond the obvious strategic fit, there is also a strong cultural fit between SOCOTEC and Base Quantum, a company marked by the entrepreneurial dynamic embodied by Duncan Hughes-Phillips, who is committed to working with us in the long term.”
Duncan Hughes-Phillips, CEO of Base Quantum, said: “Since founding Base, I have been inspired by the individual expertise of my colleagues and the collective capabilities of my team to bring their diverse range of expertise together for the benefit of our clients. Joining with SOCOTEC UK will allow us to build on the reputation that we have engendered in the construction industry to allow us to offer a much wider range of services beyond the traditional quantum services that we have hitherto provided, strengthening our team of quantum analysts, Quantity Surveyors and economists with engineers who are experts in their respective field will enable us to provide the high standard of service that our clients have come to expect across a far broader cross section of the industry. SOCOTEC’s culture of using technological advancements to develop new ways of solving the industry’s problems will enable us to build on our own methodologies for data analysis, risk management and quantum assessment to provide novel and valuable solutions on the range of complex, high value international projects that we currently work on.”