O’Melveny Advises Global Infrastructure Solutions Inc. in Strategic Merger with J. Roger PrestonMay 31, 2022
FOR IMMEDIATE RELEASE
HONG KONG—May 31, 2022—O’Melveny advised Global Infrastructure Solutions Inc. (GISI) in a strategic merger to bring Asia-based professional engineering consultancy J. Roger Preston Holdings Limited (JRP) into the GISI group of companies.
The completion of the transaction was announced on May 23, 2022.
GISI is the largest privately owned construction manager in the commercial building, industrial, and healthcare markets, and a leading project/construction manager in the environmental and public infrastructure sectors. The company generates annual revenues in excess of US$8.8 billion.
Established in Hong Kong in 1962, JRP is a leading design and consulting firm with a renowned reputation in mechanical, electrical, and building services engineering in Asia, with offices in Hong Kong, mainland China, Macau, Singapore, Malaysia, and Vietnam.
The O’Melveny team advising GISI was led by a Hong Kong-based team comprising Hong Kong managing partner Nima Amini, counsel Nolan Shaw and Kieran Humphrey, and associates Edward Poon and Jhe-Yu Su.
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JRP issued the following announcement:
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GISI COMPLETES STRATEGIC MERGER WITH THE JRP GROUP
HONG KONG, SINGAPORE, KUALA LUMPUR & HO CHI MINH CITY, 23 MAY 2022 -- Global Infrastructure Solutions Inc. (GISI) and J. Roger Preston (Holdings) Limited (JRP) announced today that they have completed a merger under which JRP will join GISI’s Global Engineering and Consulting group of companies. This platform is complementary to GISI’s Construction Services platform, STO Building Group, the annual revenue of which exceeds US$8 billion.
The merger strengthens both companies, according to Tony Shum, GISI Board Director, Asia Chairman and Co-Founder. Mr. Shum said, “JRP is GISI’s initial merger to establish a world class project/program management and engineering and consulting practice in Asia.”
Joseph Leung, Victor Cheung and HK Yung, JRP joint owners and Group Directors said, “Both JRP and GISI management teams have found that there is a solid cultural fit and common values, especially as it relates to mutual respect and trust among our team members and operating partners. As part of GISI, we will have a much larger platform to capitalize on our skills, people, and resources to ensure continued professional growth for our employees as we offer the best-in-class service to our broad clientele.” Rick Eng, JRP SE Asia Managing Director and joint owner added, “The merger will be beneficial to our business expansion in Southeast Asia, a region with one of the greatest potentials for growth.”
Alex Kwan, GISI Asia CEO said, “JRP is experienced in serving multinational corporations and collaboration with global operating partners. As members of the GISI family, all of the companies can benefit immediately from each other’s expertise and clientele.”
Established in Hong Kong in 1962, JRP is a leading design and consulting firm with renowned reputation in mechanical, electrical, and building services engineering in Asia. It has about 600 highly qualified staff with offices in Hong Kong, Mainland China (Beijing, Shanghai, Shenzhen), Macau, Singapore, Malaysia and Vietnam. JRP is also proud of its best-in-class track record of high-profile landmark projects, as well as its expertise in energy efficiency, sustainability, and innovative design in their areas of operation. Many of JRP’s landmark projects can be seen along Asia’s skylines including International Commerce Centre (490m tall) in Hong Kong; Ping An International Finance Centre (599 m tall) in Shenzhen, the world’s fifth tallest building; UOB Plaza (280m tall) in Singapore, headquarters to one of Singapore’s largest banks; KL Metropolis, an iconic landmark in one of the most exclusive part of Malaysia; and Saigon Centre I & II, one of the most prominent developments in HCMC, Vietnam.
“As with GISI’s prior merger partners, JRP will retain its brand as a way to honor its legacy,” said Rick Newman, GISI President and CEO. “As a result of the merger, the existing JRP shareholders will join the more than 1,600 GISI employee-shareholders as partners in our enterprise.”
About The JRP Group
With its 60 years in Asia, J. Roger Preston Limited (JRP) is a leading professional consultancy specialising in mechanical & electrical and building services engineering, across various sectors that include Building, Transportation, Environmental, Industrial, Infrastructure and Energy. Visit www.jrp-group.com for more information.
About Global Infrastructure Solutions Inc.
GISI provides the resources its partner firms may require to gain the competitive advantage for success. Today, GISI is the largest privately owned construction manager in the commercial building, industrial and healthcare markets, and a leading project/construction manager in the environmental and public infrastructure sectors. Through the dedicated efforts of our 6,000 employees, we generate annual revenue in excess of US$8.8 billion, and enjoy project backlog of more than US$17 billion. Our employee shareholders are invested in contributing to, and benefitting from, our continued growth and strong results. Learn more at www.GISI.com.