The engineering consulting industry in Europe is critical to meeting the demands of modern infrastructure, technology, and sustainability. This sector features firms that specialize in design, project management, environmental assessments, and regulatory compliance. Companies range from large multinationals to niche players focusing on specific areas like energy efficiency and urban development. The industry is gearing towards tackling climate change and fostering innovation, promising substantial growth as the shift to net-zero initiatives gains momentum. In essence, engineering consulting is becoming increasingly integral to solving complex challenges across industries, setting the stage for a sustainable economic future.


The list comprises fourteen significant investors varying from corporate giants to venture capital firms. Spanning locations like London, Geneva, and Paris, they range from small teams to massive organizations with over 10,000 employees. Founded across different decades, these investors had notable activity in 2024, collectively totaling hundreds of investments. Their focus on engineering consulting not only drives growth in this sector, it highlights how investors play a crucial role in shaping the industry’s evolution. Each named investor brings unique expertise and commitment to enhancing engineering capabilities across Europe.


Top 14 Engineering Consulting Investors in Europe


1. Accenture

  • Website: accenture.com
  • Type: Corporate
  • Headquarters: Dublin, Dublin, Ireland
  • Founded year: 2001
  • Headcount: 10001+
  • Number of deals in 2024: 51
  • LinkedIn: accenture

Accenture is a global consulting firm based in Dublin, Ireland, specializing in information technology and management consulting services. Founded in 2001, the company has grown to employ over 10,000 professionals and operates across various industries, providing solutions that help businesses innovate and improve efficiency. In 2024, Accenture has been particularly active in the engineering consulting space, with notable acquisitions such as IQT Group, an Italian provider of engineering managed services for large infrastructure projects, aimed at enhancing their capabilities in building net-zero infrastructure. Additionally, their acquisition of Fibermind, which specializes in network engineering services, highlights their focus on expanding their engineering consulting expertise. These transactions reflect Accenture's strategic direction towards integrating engineering services into their broader consulting offerings, positioning them as a relevant player in the engineering consulting industry.


2. RSK Group

  • Website: rskgroup.com
  • Type: Corporate
  • Headquarters: Helsby, England, United Kingdom (UK)
  • Founded year: 1989
  • Headcount: 10001+
  • Number of deals in 2024: 3
  • LinkedIn: rsk-group

RSK Group is a prominent environmental consultancy and engineering services company based in Helsby, England. Founded in 1989, RSK provides a comprehensive range of services, including environmental assessments, engineering solutions, and sustainability consulting across various sectors such as energy, healthcare, and construction. The company has been actively expanding its footprint in the engineering consulting space through several strategic acquisitions. Notable transactions include the acquisition of Nicholas O’Dwyer, a consulting engineering practice, and the purchase of Ian Farmer Associates, which specializes in site investigations. Additionally, RSK's acquisition of Black & Veatch's Water Europe and Water Asia businesses significantly bolstered its presence in the water sector, enhancing its engineering capabilities. These acquisitions reflect RSK's strategy to diversify and strengthen its engineering consulting services, positioning it as a key player in the industry.


3. Bpifrance French Tech Accélération


Bpifrance French Tech Accélération is a venture capital investor based in Paris, Île-De-France, France, founded in 2015. As a public entity and financial institution, Bpifrance supports entrepreneurs and businesses in France and internationally through a variety of services, including direct funding, export credit insurance, and private equity investments. The institution aims to foster entrepreneurship and innovation by providing coaching and partnerships to help businesses navigate growth and international expansion. Notably, Bpifrance has been involved in several transactions relevant to the engineering consulting sector, such as the investment in B-Hive Engineering, which raised approximately $4.3 million in 2020, and SERMA NES Network Engineering & Security, which received private equity funding in 2016. Additionally, Bpifrance participated in the acquisition of Eowin, a company focused on engineering solutions, alongside other investors. These transactions highlight Bpifrance's commitment to supporting companies within the engineering consulting space, making it a significant player in this sector.


4. Bgf

  • Website: bgf.co.uk
  • Type: Venture Capital
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 2011
  • Headcount: 51-200
  • Number of deals in 2024: 53
  • LinkedIn: bgfinvestments

BGF Investment Management Limited is a venture capital firm founded in 2011, based in London, England. The firm specializes in providing growth funding and value creation support to small and mid-sized businesses across the UK and Ireland. BGF addresses the funding gap in the market through minority investments and extensive support services. Notably, BGF has invested in several companies relevant to the engineering consulting sector, including RSK Group, which raised £10 million to expand its environmental and engineering services, and Hydrock, which also operates in the engineering consulting space. Additionally, BGF's investment in BHR Group and AND Digital highlights their commitment to supporting businesses that enhance engineering capabilities and digital transformation, further solidifying their role in the engineering consulting landscape.


5. VINCI Energies

  • Website: vinci-energies.com
  • Type: Corporate
  • Headquarters: Nanterre, Île-De-France, France
  • Founded year: 2003
  • Headcount: 10001+
  • Number of deals in 2024: 13
  • LinkedIn: vinci-energies

VINCI Energies is a corporate investor based in Nanterre, Île-De-France, France, specializing in engineering and infrastructure solutions. Founded in 2003, the company has grown to employ over 10,000 people and is actively involved in various sectors, including energy infrastructure, industrial performance, digital transformation, and sustainable building management. In recent years, VINCI Energies has made significant acquisitions to bolster its engineering consulting capabilities. Notable transactions include the acquisition of SI-TEC GmbH, a Swiss company specializing in industrial planning and engineering, and Summa Engineering Limited, which enhances VINCI's service portfolio in the water sector in Canada. Additionally, the acquisition of Kramer & Best, which focuses on the pharmaceutical and life sciences sectors, further illustrates VINCI Energies' strategic approach to expanding its engineering consulting services. These acquisitions align with VINCI Energies' goal of providing tailored solutions to enhance operational efficiency and sustainability for businesses and organizations across various industries.


6. European Innovation Council (EIC)


The European Innovation Council (EIC) is a public entity based in Brussels, Belgium, established to support innovation and entrepreneurship throughout Europe. Founded in 1958, the EIC offers various funding programs, including the EIC Accelerator and EIC Pathfinder, aimed at helping startups and SMEs develop and scale their technologies. The EIC provides business acceleration services, networking opportunities, and prizes to foster innovation across different sectors. Notably, the EIC has been involved in transactions relevant to the engineering consulting field, such as funding for Saalg Geomechanics, which raised both venture funding and grants, indicating a focus on innovative geomechanical solutions. Additionally, GBM Works, which received significant seed funding and grants, also reflects the EIC's commitment to supporting engineering-related innovations. These transactions highlight the EIC's role in promoting technological advancements that can benefit the engineering consulting industry.


7. Sgs

  • Website: sgs.com
  • Type: Corporate
  • Headquarters: Geneva, Geneva, Switzerland
  • Founded year: 1878
  • Headcount: 10001+
  • Number of deals in 2024: 5
  • LinkedIn: sgs

SGS S.A. is a leading testing, inspection, and certification company based in Geneva, Switzerland, founded in 1878. With a workforce of over 10,000 employees, SGS provides independent services to ensure product quality and compliance across various industries. The company has a global presence and offers a wide range of services, including testing, inspection, certification, and training, aimed at helping clients meet regulatory standards and enhance operational efficiency. In recent years, SGS has made significant acquisitions to bolster its engineering consulting capabilities. Notably, they acquired Sulphur Experts Inc., a Canadian company specializing in process engineering consulting, which generates annual revenues of approximately CAD 12 million. They also acquired an 80% stake in Ryobi Geotechnique International Pte Ltd, a Singapore-based firm specializing in geoengineering solutions, which had revenues of S$41 million in FY2020. Furthermore, SGS acquired Testing, Engineering and Consulting Services, Inc. (TEC Services), enhancing their materials testing capabilities in the US and expanding into the infrastructure and construction sectors. These strategic moves highlight SGS's commitment to strengthening its position in the engineering consulting market.


8. Bureau Veritas SA


Bureau Veritas SA is a corporate investor based in Earls Colne, England, founded in 1828. It operates as a testing and certification company, providing a wide range of services including inspection, certification, and consulting across various industries such as construction, automotive, and food production. The company has made significant strides in the engineering consulting sector through strategic acquisitions. Notably, in 2014, Bureau Veritas acquired a 70% stake in CKM Consultants, a move aimed at leveraging opportunities in Singapore's public sector construction projects. In 2016, they acquired HCD Group, a leading Building Control Approved Inspector services firm in the UK, enhancing their market reach and service offerings. More recently, in 2024, they acquired ArcVera Renewables, a consultancy focused on renewable energy, further diversifying their consulting portfolio. These transactions highlight Bureau Veritas's active role in the engineering consulting industry, making it a relevant investor in this space.


9. Spie

  • Website: spie.com
  • Type: Corporate
  • Headquarters: Cergy, Île-De-France, France
  • Founded year: 1990
  • Headcount: 10001+
  • Number of deals in 2024: 10
  • LinkedIn: spie_2

SPIE is a corporate investor based in Cergy, Île-De-France, France, specializing in multi-technical services that encompass energy efficiency solutions, hydrogen production, and smart city initiatives. Founded in 1990, SPIE has grown to employ over 10,000 people and has made significant investments in the engineering consulting space. Notable transactions include the acquisition of Otto Life Science Engineering GmbH, which focuses on life sciences and engineering solutions, and ROBUR Industry Service Group GmbH, enhancing SPIE's industrial service capabilities. These strategic acquisitions reflect SPIE's commitment to expanding its engineering consulting services across various sectors, including healthcare and energy.


10. Afry

  • Website: afry.com
  • Type: Corporate
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1895
  • Headcount: 10001+
  • Number of deals in 2024: 1
  • LinkedIn: afry

AFRY AB is a consulting and engineering firm based in Stockholm, Sweden, founded in 1895. With over 10,000 employees, Afry provides a diverse range of services, including sustainability consulting, digital solutions, and project management across various industries. The firm has made significant strides in enhancing its engineering consulting capabilities through strategic acquisitions. Notably, in March 2023, Afry acquired Blix Consultancy, which specializes in the offshore and onshore wind energy market, allowing them to cover the entire project life-cycle of wind farms. Other relevant acquisitions include Cubiq Analytics, ProTAK, Simosol Oy, and Evolve Technology Sweden, all aimed at bolstering their digital and analytical offerings, which are essential in modern engineering consulting. These transactions highlight Afry's active role in the engineering consulting sector, making them a relevant investor in this category.


11. SLR Consulting

  • Website: slrconsulting.com
  • Type: Corporate
  • Headquarters: Aylesbury, England, United Kingdom (UK)
  • Founded year: 1994
  • Headcount: 1001-5000
  • Number of deals in 2024: 6
  • LinkedIn: slr-consulting

SLR Consulting is a corporate consulting firm based in Aylesbury, England, specializing in sustainability solutions. Founded in 1994, SLR Consulting provides a wide range of services including ESG strategy, environmental consulting, and project delivery across various sectors. In recent years, SLR has significantly expanded its capabilities through strategic acquisitions. Notably, they acquired Wardell Armstrong, enhancing their market presence and expertise. They also acquired Carnstone Partners, a sustainability management consultancy, and Palmer Environmental Consulting, which focuses on the resources and development sectors. Additionally, their acquisition of Strategic Engineering and Sciences (SES) and Synergistics Environmental Services highlights their commitment to strengthening their international capabilities in the energy and mining sectors. These transactions demonstrate SLR's active involvement in the engineering consulting industry, particularly in areas that intersect with environmental and sustainability challenges.


12. Tikehau Capital


Tikehau Capital is an investment management firm based in Paris, Île-De-France, France, specializing in alternative asset management. Founded in 2004, the firm offers a diverse range of services, including private debt, private equity, real assets, and capital markets strategies. Tikehau Capital caters to a variety of clients, including institutional and private investors, as well as SMEs seeking tailored financing solutions to support growth and sustainability initiatives. Notably, Tikehau Capital has been involved in several transactions relevant to the engineering consulting sector, such as their investment in Assystem, a company known for its engineering and consulting services, and Spie Batignolles SA, which also operates in the engineering and construction space. Additionally, their acquisition of TTSP HWP further emphasizes their engagement in the engineering consulting industry, showcasing their strategy to invest in firms that contribute to infrastructure and industrial services.


13. Egis

  • Website: egis-group.com
  • Type: Corporate
  • Headquarters: Saint Quentin, Île-De-France, France
  • Founded year: 1949
  • Headcount: 10001+
  • Number of deals in 2024: 3
  • LinkedIn: egis

Egis is a consulting and engineering firm founded in 1949, based in Saint Quentin, Île-De-France, France. With a workforce of over 10,000 employees, Egis specializes in infrastructure and environmental projects, providing a wide range of services including design, project management, and sustainability consulting to both public and private sector clients. The firm has a global presence and is dedicated to creating sustainable solutions for urban development and transport infrastructure. Recently, Egis has made significant strides in expanding its engineering consulting capabilities through several key acquisitions. In June 2023, Egis announced its acquisition of McIntosh Perry, a Canadian consulting engineer, marking its entry into the North American market. In November 2023, Egis acquired Omrania, further strengthening its engineering consultancy portfolio. Additionally, in March 2025, Egis acquired the Engeny Group and the Peracon Group, both Australian firms, to enhance its capabilities in the local energy sector. These strategic acquisitions reflect Egis's commitment to growth and innovation within the engineering consulting industry.


14. Ardian

  • Website: ardian.com
  • Type: Private Equity
  • Headquarters: Paris, Île-De-France, France
  • Founded year: 1996
  • Headcount: 1001-5000
  • Number of deals in 2024: 21
  • LinkedIn: ardian

Ardian is a prominent investment management firm based in Paris, specializing in private equity, real assets, and credit solutions. Founded in 1996, Ardian has established a global presence and focuses on sustainable finance, aiming to create lasting value for its clients. Among its notable transactions, Ardian has acquired a significant stake in SERMA Group, a leading provider of consulting and services in electronic technologies, and TRIGO Group, which specializes in quality support and conformity assessment services. Additionally, Ardian has invested in Spie Batignolles, a French construction firm, further showcasing its engagement in sectors related to engineering and consulting. With a diverse portfolio and a commitment to high-quality private market investments, Ardian is well-positioned as a key player in the engineering consulting industry.



Engineering Consulting Insights: Key Investors in Europe


InvestorHeadquarterSizeFoundedDeals 2024
AccentureDublin, Dublin, Ireland10001+200151
RSK GroupHelsby, England, United Kingdom (UK)10001+19893
Bpifrance French Tech AccélérationParis, Île-De-France, France1-102015198
BgfLondon, England, United Kingdom (UK)51-200201153
VINCI EnergiesNanterre, Île-De-France, France10001+200313
European Innovation Council (EIC)Brussels, Brussels, Belgium201-500195857
SgsGeneva, Geneva, Switzerland10001+18785
Bureau Veritas SAEarls Colne, England, United Kingdom (UK)201-50018287
SpieCergy, Île-De-France, France10001+199010
AfryStockholm, Stockholm, Sweden10001+18951
SLR ConsultingAylesbury, England, United Kingdom (UK)1001-500019946
Tikehau CapitalParis, Île-De-France, France501-100020046
EgisSaint Quentin, Île-De-France, France10001+19493
ArdianParis, Île-De-France, France1001-5000199621


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