December 31, 2013
Combined entity offers enhanced capabilities and greater value for money to European development clients
HTSPE Ltd. has agreed to join forces with DAI, a global development company with corporate headquarters in London and Washington and project operations in 70 countries worldwide.
Based in Hemel Hempstead in the United Kingdom, HTSPE is currently implementing 200 projects around the world for clients such as the U.K. Department for International Development, EuropeAid, and the World Bank, in technical areas including climate change, land tenure, governance, education, and monitoring & evaluation.
“This combination brings our European business to a scale that offers significant benefits and complementary capabilities to our core clients in the international donor market,” said DAI President and Chief Executive Officer James Boomgard.
“We are delighted to be teaming up with DAI,” said HTSPE Executive Chairman David Timmins. “In DAI, we have found a growth-oriented partner with a strikingly similar culture based on professional excellence, uncompromising integrity, and a commitment to make the world a better place.”
DAI was advised in this transaction by The McLean Group, LLC.
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DAI is pleased to welcome to the firm James E. Watson II, an accomplished executive who as Vice President for U.S. Government Programs will oversee a project portfolio encompassing 89 long-term initiatives in almost 50 countries. Watson comes to DAI after a distinguished 32-year career with the U.S. Agency for International Development (USAID).
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