US consultancy The Carnrite Group launches in Middle East
American management consultancy The Carnrite Group has launched an office in the United Arab Emirates, its third office globally.
Founded in 1991 in Houston, United States, The Carnrite Group is a consulting firm that provides a range of strategic, business and digital transformation services to clients in the energy and industrials sectors. The firm is particularly known for its track record in the energy space, spanning players in the energy generation and distribution, renewable energy, oil & gas, and utilities segments.
Having previously expanded into the UK in 2019 (which oversees projects in Europe and Africa), the firm has now setup shop in the UAE. Located in both Abu Dhabi Global Markets and Abu Dhabi’s Al Reem Island, the new office will initially focus on “meeting client needs” in the Gulf Cooperation Council region, before expanding its focus further, said London-based Nick Carnrite, Head of Europe and Middle East.
With the energy and industrial sectors facing major disruption and a variety of strategic and operational challenges on the back the Covid-19-induced crisis and government-led shifts to renewable energy, “it is more important than ever for companies to have access to trusted advisors with a deep knowledge of their industry and operations,” said Carnrite.
Having already delivered several projects in the Middle East with fly-in teams, “establishing an on the ground presence in the region was a natural next step in our growth plans.” Globally, the firm’s track record spans engagements in 25 countries on six continents since its inception.
“We are excited to continue growing our team internationally, and thankful for our clients worldwide who trust us to help them with difficult business decisions,” concluded Carnrite. According to its LinkedIn company page, The Carnrite Group has around 50 consultants and staff across its three offices.
Alongside its consulting offering, The Carnrite Group also has a venture capital arm, which makes investments in technology, healthcare, and real estate.