ERM expands its Safety Risk practice capabilities with the acquisition of IRC Risk and Safety, a Houston based consultancy
09 April 2010
9 April 2010: ERM today announces the acquisition of IRC, a North American Risk consultancy. Its acquisition will strengthen the capabilities and reach of ERM’s Risk Practice and increase its business in the upstream Oil & Gas sector.
IRC’s 27 strong staff will become part of ERM’s global Risk Practice. Based in Houston, IRC’s client base is mainly from the Oil & Gas sector in addition to EPC organizations which service the industry.
Malcolm Hutton, ERM’s Risk Practice Global lead said: “With the IRC team joining us, we now have a Risk management capability in all the four regions around the world. ERM and IRC have already worked together on some major Oil & Gas projects; we now have the opportunity to strengthen our position as a world leader in Safety Risk.”
Morris Burch, Managing Partner of the IRC business added: “Our clients are the big winners with this acquisition. Management of Safety Risk is critical to the competitive advantage of multinational corporations. With this marrying of expertise, ERM can deliver a fully integrated and consistent Safety Risk service to our clients across the four main Oil & Gas regions. To my knowledge, no other company is able to do this.”
David McArthur, ERM’s CEO for the Americas: “Adding IRC to ERM’s operations confirms the strategic importance of both the Risk Practice and the Oil & Gas sector. The world class capabilities contained within IRC will allow us to enhance the Risk services we offer our clients, both in the United States and globally and compliment the current capabilities we have in Asia Pacific, Europe, the Middle East and South America.”
IRC Risk and Safety LLC was an independent consultancy group providing a variety of services to all areas of the Oil & Gas industry, including exploration and production facilities, pipelines, gas processing plants, refineries, and petrochemical plants. Other markets where IRC has experience include engineering, chemicals and polymers, power generation, mining, insurance, and financial industries.