B+H Architects partners with infrastructure consulting giant Surbana Jurong

23 October 2018 Consulting.ca

Toronto-based B+H Architects has entered into an alliance with global urban and infrastructure consultancy Surbana Jurong. The move leverages complementary skills and geographies for both parties, while giving B+H access to the resources of a much larger organization.

Founded in 1953 and based in Toronto, B+H provides clients with architecture, interior design, and urban planning services. One of the 50 largest architecture firms in the world, the company employs 450 professionals across offices in Canada, the US, China, Singapore, Vietnam, India, Qatar, and the UAE.

The firm has designed and co-designed a number of high-profile Canadian projects, including the Toronto Eaton Centre, the Metro Toronto Convention Centre, the Renaissance ROM, and Terminal 3 at Pearson Airport. B+H’s work in Asia includes the Shanghai Hong Kong New World Tower, the Xiamen Gaoqi International Airport, and the Sun Life Financial Centre in Taguig City.

Now, B+H has announced that it will be partnering with urban planning and infrastructure consulting firm Surbana Jurong. The Singaporean Government-owned consultancy provides solutions across the value chain of urbanization, industrializations, and infrastructure. The firm’s 14,500 employees work in 130 offices spread across 40 countries. Surbana Jurong has annual revenues of approximately S$1.5 billion ($1.43 billion CAD).B+H Architects partners with infrastructure consulting giant Surbana JurongThe partnership aligns B+H with a global giant with service and geographic synergies, while giving access to Surbana Jurong’s broad network that reaches across southeast Asia, Australia, and Africa. Meanwhile, the alliance deepens Surbana Jurong’s architecture and design capabilities, while giving it access to strategic opportunities in North America – where it currently does not have a strong market presence.

According to a press release from B+H, the firm’s Principals will continue to be owners, and the architecture firm will still be managed as an ‘independent entity’ based in Toronto. The Straits Times, meanwhile, has reported the move as acquisition, while Surbana Jurong’s website counts B+H as a ‘Member Company.’

"This partnership accelerates B+H's continued growth strategy and positions us to compete with some of the most powerful firms in the world," said B+H CEO Bill Nankivell. "Continued investments, consolidation and mergers in our industry are providing platforms for firms to grow, diversify, compete, and attract and retain the best talent. The B+H and Surbana Jurong partnership will allow us to deliver bold and inspiring projects in new geographies and sectors, providing extraordinary opportunities for our people."

B+H will continue to operate independently where both firms have a presence – namely, Hong Kong, China, Singapore, and Vietnam. Meanwhile, both parties will collaborate on strategic opportunities in North America, as well as in other regions like Australia, Indonesia, Africa, and the Philippines.

Surbana Jurong Group CEO Wong Heang Fine added, “Together, we will aim to provide integrated, end-to-end and best-in-class solutions, from real estate and development strategies, to design and consulting services, and through to facilities management.”

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Consulting firm MNP joins Global Cannabis Partnership

04 April 2019 Consulting.ca

Accounting and consulting firm MNP LLP has joined the Global Cannabis Partnership (GCP). The GCP is a not-for-profit collaboration of public and private sector organizations seeking to establish social responsibility standards for the international cannabis industry.

Legal cannabis is a multibillion dollar industry in Canada, and its pollen is being blown across the globe, with legal recreational cannabis laws in several US states and European countries currently planting the seeds of potential legalization.

Cannabis legalization brings with it a rush of capitalists seeking to make their fortune, many of whom are in need of sound guidance. A thriving consulting segment has rapidly sprung forth to support cannabis firms with strategy, data analysis, regulatory compliance, security, human resources, and any other business needs. At established consultancies, cannabis teams have generally been cobbled together from consumer packaged goods, and food and beverage sector teams, where there exists a good deal of relevant expertise.

MNP, Canada’s fifth-largest national accounting and consulting firm, was quick to jump on the cannabis bandwagon, and is now one of the industry’s leading advisors, servicing clients internationally.

Consulting firm MNP joins Global Cannabis Partnership

The firm has deep expertise advising industry clients on accounting, audit, tax, financial, and regulatory issues. MNP also supports cannabis industry clients with strategic planning, organizational performance, risk management, best practices and internal controls, and M&A.

As part of its growing role in the industry, MNP has joined the not-for-profit organization Global Cannabis Partnership (GCP). The St. John, New Brunswick-based organization is currently working to create a responsible cannabis framework to guide the safe production, distribution, and consumption of legal recreational cannabis.

Other members of the GCP include consultancies EY, PwC, Grant Thornton, and Cannabis Compliance Inc.

"MNP joined the GCP to collaborate with other industry leaders as the cannabis industry in Canada steps into the spotlight on a global stage," Glenn Fraser, national leader of both food and beverage processing and cannabis, said.

"When MNP decided to enter the cannabis industry in 2013, we made a point to integrate ourselves with the people and organizations propelling the Canadian cannabis industry forward. Through our membership with the Global Cannabis Partnership, we're at the table with our peers continuing the development of the adult-use recreational cannabis industry in Canada and beyond."

MNP joined the organization at the same time as four other companies: cannabis cultivator Canndescent; cannabis operator and franchisor ONE Cannabis Group; cannabinoid R&D firm Cronos Group; and cannabis producer Rubicon Organics. The five additions bring the GCP’s total membership to 37.

"As the industry continues to grow, our membership is expanding along with it," Kim Wilson, executive director of GCP, said. "We're thrilled to have these new members, who are committed to corporate social responsibility and making a positive contribution to the partnership. The diversity of our membership brings a broad perspective and expertise to the table, which will help us set standards and guidelines for best practices in the cannabis industry worldwide."

Related: MNP named a Best Employer in Canada for 11th year in a row