LRQA acquires EcoEngineers
March 27, 2025
BY LRQA
LRQA, the leading global assurance partner backed by Goldman Sachs Alternatives, has acquired EcoEngineers, a U.S.-based consulting, auditing and advisory firm with an exclusive focus on the energy transition.
This marks LRQA’s fifth acquisition in five months, reinforcing its commitment to accelerating growth and expanding its support for global corporate clients navigating the energy transition.
EcoEngineers was recently recognized globally as a Top 10 Sustainable Consulting Firms by Sustainability Magazine, and offers deep technical expertise in low-carbon fuel production, climate regulations, carbon markets and innovative technologies – areas in high demand amid growing regulatory complexity and uncertainty.
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Against this backdrop, businesses still have to respond to pressures from investors, consumers and stakeholders to uphold transparency and integrity in their climate commitments, particularly in the agriculture and energy sectors.
As a result, many are turning to low-carbon fuels such as biofuels, renewable natural gas (RNG) and hydrogen to decarbonise operations. Businesses therefore need specialist guidance on these fuels, the corresponding regulations – such as California’s Low Carbon Fuel Standard (LCFS) and the EU’s Emissions Trading System (ETS) – and the enabling technologies. This acquisition directly addresses those needs.
Ian Spaulding, CEO for LRQA, said, “This acquisition is a truly exciting expansion of LRQA’s existing capabilities in carbon accounting, greenhouse gas (GHG) verification and sustainability strategy, and we’re thrilled to welcome EcoEngineers to the team and to continue driving real impact for our clients, people and planet. The regulatory landscape remains complex, with shifting state and international policies influencing corporate sustainability strategies. That’s why, together with EcoEngineers, we’re here to help clients navigate that landscape.”
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Shashi Menon, CEO for EcoEngineers, said, “Joining LRQA is an exciting step forward for our team and our clients. We have built our reputation on delivering rigorous, science-based solutions to support businesses in their energy transition journeys. By integrating with LRQA, we gain the scale and global reach needed to expand our impact, while remaining true to our mission of ensuring credibility in carbon accounting and emissions verification.”
As part of the acquisition, LRQA gains over 120 sustainability experts to further strengthen its capabilities. In turn, the integration enhances EcoEngineers’ U.S. presence while supporting its expansion into the European market, where sustainability regulations continue to gain momentum.
LRQA was advised by DLA Pipier (legal) and KPMG (financial and tax). EcoEngineers was advised by Finley Law (legal) and GreenFront Energy Partners (exclusive financial advisor).
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