EMG and Quality Project Management (QPM) have merged to create one of the largest technical assessment and project management consulting firms in the nation.
EMG, which works with many public housing authorities and affordable housing owners, will retain its name while QPM will operate as QPM: A Division of EMG. The merged company will employ approximately 450 people located in 37 states, serving the United States, Canada, and Puerto Rico.
“The decision to merge evolved over a three-year period as both companies recognized the value a merger would bring to our clients,” says Claude N. Limoges, CEO of EMG. “The transaction’s synergies enable us to serve our clients at every stage of the real estate lifecycle, from the acquisition of portfolios and asset management to planned capital improvements and the disposition of properties.”
Headquartered in Hunt Valley, Md., EMG is a national engineering, environmental, and capital planning consulting firm that works with property owners, government entities, and lenders.
The firm, which has a large affordable housing business, provides a variety of due diligence services, including physical needs assessments, environmental assessments, and energy audits of properties. Since the launch of the federal Rental Assistance Demonstration (RAD) program, EMG has completed more than 250 RAD physical condition assessments.
Headquartered in Tempe, Ariz., QPM is a program and project management company specializing in construction and planned capital improvements for Fortune 500 companies across the United States. The company leverages QPM ProTrack, its proprietary web-based software, to track project data and timelines and to generate reports.
Financing for the merger was provided by M&T Bank’s Hunt Valley branch. Terms of the transaction were not disclosed.