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Tribal acquires majority stake in HELM Corporation

Tribal, a leading provider of consultancy, support and delivery services to the public sector, today announced the acquisition of a majority stake in HELM Corporation.

Tribal HELM forms a new practice area within Tribal's existing consultancy business. Its expertise in finance, audit and governance will enhance and complement Tribal's consulting practice, strengthening its integrated offering to both public and private sectors.

The move is a key step in Tribal's international development, with HELM's overseas experience and strong relationships with major international donor organisations such as the World Bank, EU and the Department for International Development providing new opportunities for Tribal's existing services.

Commenting on the acquisition of HELM, Peter Martin, Chief Executive of Tribal, said:

"We are delighted that HELM has decided to join Tribal. It complements our consulting offering and provides a platform for Tribal's planned international expansion."

HELM is a high quality business run by an excellent management team and there is a strong cultural fit with Tribal's focus on improving the delivery of public services and working in partnership with our clients."

Sean Sweeney, Chief Executive of HELM, said:

"This is an exciting development for HELM. We share the same values of helping to improve the quality and value for money of essential public services.

As part of Tribal we will have greater access to major contract opportunities and be able to offer our clients a broader range of expertise and services."

HELM Corporation Limited, HELM House, 88 Main Street, Moira, Co Armagh, BT67 OLH
Tel: +44 (0) 28 9261 0930 Fax: +44 (0) 28 9261 0931 email: info@tribalhelm.com