GRM International and Futures Group Merge to Create Multisectoral, $225 Million Global Development Leader

Washington, D.C., U.S.A. and Brisbane, Australia – Today, GRM International and the Futures Group announced that the two firms will merge to create a global leader in development with approximately 90 current projects operating in more than 60 countries, and $225 million in revenue. The combined group will have a multisectoral focus, more diverse technical offerings and a wider geographic reach.

This merger will give clients and partners access to a top-tier health and development organization with:

• A multisectoral portfolio through expertise in global health, economic development, trade, democracy and governance, education and training, agriculture and rural development, and food security; and
• Comprehensive experience from operating successfully in more than 140 countries throughout Asia and the Pacific, Africa, Europe, the Middle East, and the Americas.

“The partnership between GRM and Futures Group gives us the opportunity and flexibility to do more for more people around the world,” said Kim Bredhauer, Managing Director of GRM International. “We believe our colleagues, clients, communities and shareholders will all benefit from the merger, and it will help us to deliver improved outcomes to the people we impact. We will continue our focus on managing development projects – it is our business and it will remain so. At the same time, the merger positions us to grow our business, provide greater opportunities for our people, and deliver better value to our clients and key stakeholders.”

“The partnership with GRM will further Futures’ mission to protect and promote people’s well-being around the world,” said Chris LeGrand, CEO of Futures Group. “We will continue to provide our clients with services reflecting out technical excellence. The merger will also allow us to build on our existing work predicting future health and development trends, uncovering barriers to well-being, and forging on-the-ground partnerships to ensure lasting change. Working together, we will be equipped to aggressively compete for a wide range of development projects providing innovative solutions for a better world.”

The two organizations will combine under a new holding company, Futures Global, but will continue to operate on a semi-autonomous basis with distinct identities. GRM and Futures Group will continue to operate and manage ongoing projects independently, ensuring there is no change to existing commitments. New projects will be undertaken either independently or jointly in order to best respond to client needs. Integrated activities will focus on areas that help grow the combined entity, and provide the best value proposition for clients and other stakeholders.

The new combined business will be a majority staff owned, purely International Development firm with major contracts from the U.S. Agency for International Development, the U.K. Department for International Development and the Australian Agency for International Development. The firms will have the ability to operate seamlessly with these and other clients to provide innovative, flexible and value-for-money solutions to contemporary development issues.