PR Newswire
05 Sep 2022, 07 GMT+10
Acquisition extends Jensen Hughes' geographic reach to New Zealand, a high-growth region with a mature building and fire regulatory regime; establishes a base for future expansion
BALTIMORE, Sept. 5, 2022 /PRNewswire/ -- Jensen Hughes, a global leader in safety, security and risk-based engineering and consulting, announced today its acquisition of Crossfire, a market leader in New Zealand in fire safety engineering and performance-based design engineering. The acquisition of Crossfire marks the company's first entry into the New Zealand market, where recent legislative changes by regulators are expected to drive growth in the fire engineering industry.
Crossfire was established in Auckland in 2012 by Director Michael Dixon and who is now joined by fellow Directors Jeff Parkinson and Daryn Glasgow. "Every Crossfire team member is essential, and all 21 employees will become part of the Jensen Hughes team. During the integration process, Crossfire will continue its normal operations as a co-branded entity," said Daryn Glasgow. "Joining the largest fire engineering firm in the world enhances career opportunities for our employees both within New Zealand and globally. It will also provide our clients significantly expanded expertise and services offerings," said fellow Director Jeff Parkinson.
"The Crossfire focus on the values of respect, collaboration, integrity and to celebrate success, makes them a natural fit with Jensen Hughes. We are delighted to welcome this market-leading company with strong historical growth to our team and excited to tap into New Zealand's growing fire engineering market," said Pankaj Duggal President and COO of Jensen Hughes.
For more information, visit jensenhughes.com.
About Jensen Hughes
Jensen Hughes is the global leader in safety, security and risk-based engineering and consulting. Every day, our international teams of 1,400+ engineers, technical experts, architects and consultants partner with clients in 100+ countries to make our world safe, secure and resilient. Since 1939, we have earned trust among our clients, people and communities by bringing integrity to our relationships, innovation to our industry and technical excellence to many of the most complex challenges in the world. Our major business lines include fire safety engineering, risks and hazards, security risk consulting, emergency management and planning, and forensic engineering. For more information, visit: http://www.jensenhughes.com.
About Gryphon Investors
Based in San Francisco, Gryphon Investors is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management. The firm has managed over $5.0 billion of equity investments and capital since 1997. Gryphon targets making equity investments of $50 million to $300 million in portfolio companies with enterprise values ranging from approximately $100 million to $600 million. Gryphon prioritizes investment opportunities where it can form strong partnerships with owners and executives to build leading companies, utilizing Gryphon's capital, specialized professional resources, and operational expertise.
Contact:
Ariane Wolff
[email protected]
Logo - https://mma.prnewswire.com/media/1623494/Jensen_Hughes_Portrait_Main_CMYK_Logo.jpg
SOURCE Jensen Hughes
Get a daily dose of Singapore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Singapore Star.
More InformationWASHINGTON D.C.: The National Transportation Safety Board (NTSB) said it is investigating a JetBlue flight on Monday that experienced sudden ...
SEOUL, South Korea: Marking a tougher stand against North Korea, South Korea held its first large-scale military parade in over ...
WASHINGTON D.C. After hundreds of deaths overseas from contaminated cough syrups, the U.S. Food and Drug Administration (FDA) has cracked ...
EL PASO, Texas: Over the weekend, Oscar Leeser, Mayor of El Paso, said that the surge in migrants crossing the ...
HONG KONG: This week, Ronson Chan, chairman of the Hong Kong Journalists Association, was sentenced to five days jail for ...
WASHINGTON D.C.: In an interview with Reuters this week, U.S. commander General Chance Saltzman said the United States Space Force ...
WASHINGTON D.C. As part of its efforts to remove goods made by Uyghur forced labor from the U.S. supply chain, ...
LONDON, UK: In August, global production of primary aluminum hit an all-time high, with production running at an annualized rate ...
NEW YORK, New York - Easing pressure on U.S. Treasury yields boost stocks on American markets Thursday. Gains however were ...
DEARBORN, Michigan: Due to concerns about its ability to operate competitively while it is locked in broader union contract negotiations, ...
OTTAWA, Canada: As part of its plan to capitalize on strong travel demand and deploy fuel-efficient airplanes, this week, Air ...
LONDON, UK: This week, Adidas' newest running shoes, the Adizero Adios Pro Evo 1, went on sale for US$500. Worn ...