PAI-backed HKA bolsters US presence with acquisition of TM Financial Forensics

• HKA is a multi-disciplinary specialist services provider, focusing on risk mitigation and dispute resolution within the capital projects and infrastructure sector
• HKA has acquired TMF to boost its advice to clients on consulting and expert testimony, particularly in the US market
• PAI Partners bought HKA in August from Bridgepoint

PAI Partners-backed HKA announced on Wednesday that it has acquired San Francisco-based TM Financial Forensics (TMF), bolstering its presence in the US. TMF was founded in 2010 and is a disputes consulting firm. The company works with clients across all phases of the litigation process across a range of sectors and practice areas.

HKA is a London-based multi-disciplinary specialist services provider, specialising in risk mitigation and dispute resolution within the capital projects and infrastructure sector. PAI Partners bought the firm in August from Bridgepoint, which had bought it in 2016.

Through the purchase of TMF, HKA hopes to boost its advice to clients on consulting and expert testimony in the areas of forensic accounting and economics, construction quantum, delay and technical, government contracts, and commercial damages, particularly in the US market.

“TMF joining HKA is another major milestone for the Americas Group,” said Frank Giunta, HKA partner and head of Americas. “Our capabilities in intellectual property and patent litigation are also significantly enhanced in addition to adding complementary resources in other practice areas.”

PAI is a French private equity firm with €25.4 billion in assets under management. The firm is headquartered in Paris with a further seven offices around the world. It invests in companies across the business services, food and consumer, general industrials, and healthcare sectors.