Equiteq is pleased to announce that it acted as exclusive financial advisor to McKinsey & Company, a global management consulting firm, on the sale of Planetrics, its industry-leading climate modelling business, to SLR Consulting, a leading global environmental and advisory consultancy.
Planetrics provides advanced modelling of physical and transition climate impacts across a variety of assets, sectors and regions. Its proprietary software helps leading banks, investors, insurers and corporates quantify and manage climate-related risks and opportunities through customisable scenarios and asset-level insights reflecting real-world policy, technology and market dynamics.
SLR is a leading global environmental and advisory consultancy, bringing deep sustainability and engineering expertise to client projects. Our teams provide practical insights into how climate risks, regulations and transition pathways manifest in real projects and operations.
SLR’s sustainability expertise, combined with Planetrics’ advanced climate modelling capabilities, will amplify the value delivered to clients and help set the industry standard for managing climate-related challenges - now and into the future. By combining Planetrics’ climate scenario analytics with SLR’s advisory, sustainability, engineering and environmental expertise, clients can gain a complete view of where climate risks and opportunities are most financially material, and how to respond. This integrated capability transforms detailed modelling into practical, actionable solutions across assets, infrastructure, and industries.
Following the transaction, McKinsey, Planetrics and SLR will continue to collaborate in serving clients, bringing a world-class suite of capabilities to help organisations address critical sustainability challenges.
Commenting on the acquisition, Bradley Andrews, SLR CEO said, “Planetrics joining SLR marks a significant step change in the evolution of our digital services. This acquisition accelerates our ambition to deliver smarter, more integrated solutions across every sector we serve. I look forward to building our alliance with McKinsey and enabling clients to navigate the transition to a more resilient, sustainable future.”
Thomas Bremner Bligaard, McKinsey Partner and Planetrics lead, said, “We are proud of what we have built at Planetrics and the impact we’ve delivered for clients during our time with McKinsey. Our mission to help clients navigate climate risks and opportunities continues, and we are excited to expand our reach and capabilities with SLR.”
Sanjay Kalavar and Hemant Ahlawat, co-leaders of McKinsey Sustainability noted, “Since 2021, Planetrics and McKinsey colleagues have worked together to help our clients pursue their net-zero commitments and further an inclusive, sustainable transition. This is mission-critical work at McKinsey, and we look forward to our continued collaboration with Planetrics and SLR."
Reflecting on Equiteq’s role in the transaction, Björn Dücker, Global Director of M&A in EMEA at McKinsey & Company commented, “Throughout this journey, Equiteq has been a trusted advisor, helping us shape a transaction that supports both our strategic priorities and Planetrics’ long-term success. Their strong understanding of services models and ability to mobilise the broader ecosystem were critical in getting the transaction done."
Jerome Glynn-Smith, Head - Europe at Equiteq, added, “It has been a privilege to support McKinsey on this important divestiture. The combination of Planetrics with SLR creates a powerful platform bringing IP, data and consulting together to deliver world class climate analytics and sustainability solutions. We look forward to seeing the team flourish in their new home."
Read more about the transaction here: https://www.slrconsulting.com/news/slr-acquires-planetrics/