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KPMG buys High-Point Rendel arms

London: KPMG has acquired the assets of the strategic management and commercial consultancy arms of High-Point Rendel Ltd, an international project consultancy company, for an undisclosed sum. High-Point Rendel Ltd clients principally operate in the energy, transport and oil and gas sectors. KPMG says it has an outstanding track record in the turn round of projects suffering delays or cost overruns — which may prove useful because its 35 staff are joining KPMG's Major Projects Advisory team, which has advised on large scale infrastructure projects including the much derided HS2 Limited. The new practice will be known as KPMG-HPR.

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