Consertus Expands MENA Footprint with $22.5B Portfolio Acquisition of Laceco
Event summary
- Consertus acquires Beirut-based Laceco, a 150-person architecture/engineering consultancy with $22.5B in project value experience.
- Laceco operates across six MENA countries (Saudi Arabia, UAE, Qatar, Lebanon, Jordan, Oman) and has worked on high-profile developments like NEOM Construction Villages.
- Consertus now employs 1,200+ professionals globally after adding Laceco's multidisciplinary capabilities in urban development, infrastructure, energy, and environmental sectors.
- RTC Partners, Consertus' owner, positions the deal as advancing its strategy to scale professional services across key global markets.
The big picture
This acquisition reflects the growing demand for integrated design and engineering solutions in MENA's booming infrastructure sector. With $22.5B in project experience, Laceco brings critical scale to Consertus' regional ambitions. The deal also highlights private equity firm RTC Partners' strategy of consolidating professional services firms into global platforms.
What we're watching
- Integration Challenges
- How Consertus will align Laceco's BIM-enabled workflows with its existing digital delivery systems.
- Market Penetration
- Whether the acquisition accelerates Consertus' ability to compete against regional engineering giants like AECOM and Dar Al-Handasah.
- Client Retention
- The pace at which Consertus can maintain Laceco's existing client relationships while cross-selling its global service offerings.
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