What's Happening?
Mace Consult has appointed Zoe Price, former CEO of ISG, as its new Managing Director to lead the company's operations across Europe. Price brings over 20 years of experience in senior leadership roles
within the built environment sector. Her previous positions include Chief Operating Officer and Group Director for Public Sector Frameworks at ISG, where she briefly served as CEO before the company entered administration last September. At Mace Consult, Price will be instrumental in executing the firm's growth strategy, aiming for £1.2 billion in annual revenue by 2030 as a standalone consultancy. This strategic move follows a private equity deal with Goldman Sachs, expected to close by the end of the year.
Why It's Important?
The appointment of Zoe Price as Managing Director is a significant step for Mace Consult as it seeks to establish itself as a leading global delivery consultancy. Price's extensive experience in managing construction services and driving growth initiatives in both private and public sectors positions her as a key asset in achieving the company's ambitious revenue targets. Her leadership is expected to enhance Mace Consult's operational performance and expand its market presence across Europe. This development is crucial for stakeholders, including clients and investors, as it signals Mace Consult's commitment to growth and innovation in the consultancy industry.
What's Next?
With Zoe Price at the helm, Mace Consult is poised to focus on expanding its infrastructure division, including major projects like the £11 billion Anglian Water capital investment. Andy Beard, who previously held the Managing Director role, will now concentrate on this expansion. The completion of the private equity deal with Goldman Sachs will further bolster Mace Consult's financial capacity to pursue its growth objectives. Stakeholders can anticipate strategic initiatives aimed at enhancing service delivery and client outcomes across all markets and service lines in the Europe hub.
Beyond the Headlines
Price's appointment may also influence the consultancy sector's competitive landscape, as Mace Consult positions itself as a standalone entity. The firm's growth strategy could lead to increased collaboration with public and private sectors, potentially setting new standards in consultancy services. Additionally, the focus on infrastructure projects aligns with broader industry trends towards sustainable development and innovation.
