As part of its global expansion strategy, Drees & Sommer, a German construction and real estate consulting firm, will expand into the U.S. market thanks to the acquisition of VVA Project & Cost Managers, a New York-based consulting firm that was founded in 1994 and provides a comprehensive portfolio of project management and quantity surveying services for clients across the U.S.
The firm’s advisory offerings include project and cost planning, due diligence and site selection, detailed cost estimating, procurement and bid management, design monitoring, construction administration, and cost control for high-profile projects. The firm has 11 offices in the U.S. and an international presence in London, U.K.
“This new merger with our American partner is another step in our strategy to become an international company,” said Kenneth Wood, partner at Drees & Sommer. “We are confident that this collaboration will drive innovation, enhance our service portfolio for both sides, and deliver value for our customers across all markets.”
The firm was founded in 1970 and employs more than 6,000 people across 63 offices around the world offering consultation and implementation services for clients in real estate, infrastructure, and industrial. Its practices include strategy and organization, risk advisory, technical advisory, digital services, construction and project management, and sustainability.
