Water infrastructure consultancy Sequana has acquired a lift in its development ambitions by partnering with Pemba Capital Companions, the personal fairness agency’s second deal this month.
Established in 2019 with workplaces in Melbourne, Brisbane and Sydney, Sequana offers mission and program administration companies to the water sector, combining high-value business recommendation with technical engineering experience.
Pemba’s funding is its second within the skilled companies sector in as many days, alongside boutique accounting agency Stannards, with infrastructure advisory ConnellGriffin and sustainability consultancy Rennie already inside its portfolio.
“This partnership underscores our shared dedication to shaping the way forward for Australia’s water trade,” said Sequana chief govt Frank Fisseler. “We’ve constantly pushed boundaries, challenged norms, and crafted options to handle present wants, and with Pemba by our facet we’ll discover new acquisition and enlargement alternatives to additional improve our experience.”
With greater than twenty years of personal and authorities water sector expertise behind him, Fisseler arrange Sequana – which takes its identify from the goddess of the river Seine – alongside fellow co-founder and trade veteran Mike Walsh as chair, and collectively they lead a fast-growing workforce of greater than 70 specialists and 300-plus contractors throughout Australia.
In making its funding, Pemba cited the virtually $10 billion spend on water infrastructure upgrades and new tasks in Australia final 12 months, and the long-term developments resembling inhabitants development, tighter environmental regulation, accelerating local weather change, and net-zero transformations that are sure to see that determine rise quickly within the years forward and drive demand for high-level steering.
“Pemba has lengthy been impressed by Sequana’s deep sector data and trusted fame,” the agency said. “With an emphasis on environmental stewardship, Sequana covers all points of the water ecosystem, together with city, rural, and manufactured water, and we’ll work intently collectively on a wide range of initiatives to drive sustainable development and seize the numerous market alternative.”