SLR expands into the Middle East with acquisition of 5 Capitals

SLR, a global sustainability and ESG consulting firm, has entered the Middle East through the acquisition of 5 Capitals.

Founded in 2007, 5 Capitals is Dubai-based environmental and sustainability consultancy. The team of 20 professionals has deep expertise in four key sectors: power, infrastructure, water and clean energy.

Bradley Andrews, CEO of SLR, said the deal marks an important milestone for the consulting firm – its entry into the Middle East and the completion of its on-the-ground presence across all continents. “This is a significant step in the evolution of our business and reflects our continued commitment to supporting clients wherever they operate,” he said.

“The Middle East is entering an important phase in its clean energy journey, with investment and policy increasingly focused on low-carbon infrastructure and renewables. It’s critical that we’re embedded in the regions where these decisions are being made and implemented. Having collaborated with 5 Capitals on several projects in the region, we’ve seen the calibre of the team and the confidence they’ve built with clients – we’re delighted to welcome them to SLR.”

“With Dubai as a base, we can work more closely with our clients in the Gulf, while also supporting cross-border investment into Africa and Central Asia.”

Established in 1994 and headquartered in the UK, SLR is one of the larger pure-play sustainability consultancies in the world. The firm is backed by private equity.

“The Middle East presents a major opportunity for SLR to support clients with responsible investing and greenfield projects - to realise the potential of its abundant solar, wind and mineral resources, while also bringing leadership in social performance, water stewardship and biodiversity conservation,” said Tasman Graham, Managing Director of the Middle East & Africa at SLR.

“It’s a proud moment to welcome 5 Capitals into the SLR family and to establish a base from which we can grow across this dynamic region.”

Meanwhile, for 5 Capitals, the merger into the global player will enable its team to expand its impact and offerings, said Managing Director Andrew Burrow. “With the region now set to significantly expand its investments both regionally and internationally, we are delighted to be able to be in a position, through partnership with SLR, to offer our clients best in class advice and innovation and for our staff to have even more opportunity for growth.”