The company is a Netherlands-based specialist in cost engineering, operating at the intersection of project management, specialized staffing services, and software. For several years now, it has been supporting technical projects in various phases with cost engineering, project management, and consulting. In addition, the company offers staffing services for technical specialists, including handling all employment-related matters and providing guidance, even for international assignments.
The company serves business clients in the process industry and related technical sectors. Its client base consists of a select number of clients, including several large companies, with a high proportion of repeat business. A key differentiator is a proprietary software application developed in-house to support the management of technical projects.
Growth is primarily limited by capacity rather than market demand. Opportunities exist in expanding the team, strengthening the sales function, broadening the customer base, and further rolling out the software.
Key Features
- Independent cost engineering, no staffing services: founded by two practicing cost engineers. We now have over 30 employees in cost engineering and payroll services, working at the project level and primarily as a knowledge provider for the sector.
- Full-lifecycle cost management: estimating, budgeting, cost control, and forecasting throughout the entire project lifecycle, supplemented by independent mediation in technical and commercial disputes.
- Long-term client relationships: a select number of active clients, including several major players in the energy and industrial sectors. The majority of clients last year were repeat clients or clients referred by others.
- The bridge between finance and engineering: Cost engineers combine technical process knowledge with financial modeling, providing clients with insight into cost drivers and independent input in commercial disputes. Through early involvement, the company supports projects starting in the investment phase and gains detailed insight into projects before they enter the market.
- Proprietary software: developed in-house. The software organizes the scope, costs, and progress of technical projects and is expected to reduce the effort required for work planning and documentation by a factor of 3 to 4 once the rollout is complete. It is now live with our first client.
- A structured recruitment pipeline: a proven track record in recruiting and supporting international technical specialists from outside the EU. The company holds the necessary accreditations and certifications, and handles immigration, housing, and integration as a single, integrated process.
Growth opportunities
- Scalable cost-engineering processes: In a market where demand for cost engineering is increasing while available expertise is actually dwindling, demand for the company’s cost-engineering services is growing.
- Capacity is the limiting factor, not demand: market demand for cost engineering already exceeds available capacity. Growth will initially come from expanding the team, followed by targeted sales to existing clients and adjacent sectors, and more actively combining cost estimates, project control, specialized cost engineering, and scope consulting.
- Expanding the client base for payroll services: By marketing payroll services more professionally to clients outside the current client base, the client base is diversified, dependence on a single major client is reduced, and there is room to optimize pricing and margins without compromising personalized support.
- Sales organization not yet established: there is currently very little active business development taking place. Opportunities lie in structuring the sales process, centrally managing customer relationships, and increasing visibility through the website, LinkedIn, trade shows, and industry publications, along with expanding operational and management capacity to support growth.