Vienna, Austria – Today announced the sale of Human Dynamics to DAI. Employee-owned, DAI is a global development company tackling fundamental social and economic development problems caused by inefficient markets, ineffective governance, and instability, with a wide range of clients, including national and local governments, bilateral and multilateral donors, private corporations and philanthropies.
“We are excited to be joining forces with DAI, who share many of our values to deliver seamless impact. Together we can deliver broader, richer technical assistance services to our clients at the highest quality through both cutting-edge business development and outstanding project management” said Bernhard Hulla, Executive Partner and founder of Human Dynamics, who will be joining the DAI Board. “I am immensely proud of Human Dynamics and the impact it has delivered”. In DAI, we have found a natural partner to sustain our legacy of professional excellence and uncompromising integrity, ushering in the next phase of Human Dynamics’ growth”.
Incorporated in 1970 as Development Alternatives, Inc., DAI has grown to over 700 permanent employees and 5000 project staff, with a truly global presence in 160 countries. DAI is a market leader for clients including DFID, FCO, USAID, and commercial sector markets, in sectors as varied as digital acceleration, economic growth, environment, fragile states, global health, governance and sustainable business. The bringing together of DAI and Human Dynamics will leverage Human Dynamics’ position as one of the top EuropeAid contractors, and will create one of the world’s leading global development enterprises in terms of client diversity, geographic coverage, and impact.
“This is the latest step on our journey to becoming a global development company. We are thrilled to be joining forces with such an esteemed organisation,” said DAI President and CEO Jim Boomgard. “In combination, we are a stronger, more diverse, more vibrant organization, and our scale and technical breadth will enable us to offer richer services and better value to our customers, particularly but not exclusively our clients in the European Union.”
Human Dynamics was advised in this transaction by equiteq.
Founded in 1970, DAI is a global development company with corporate offices in the United States, the United Kingdom, Nigeria, and Belgium. Named one of the world’s top 40 international development innovators, DAI works on the front lines of international development, tackling fundamental social and economic development problems caused by inefficient markets, ineffective governance, and instability.
About Human Dynamics
Human Dynamics provides consulting services for public sector clients, with a focus on transition and developing countries. Specializing in institutional, infrastructure, and judicial development, the firm delivers outstanding results and impact for clients globally at all levels—from international organizations and national governments to regional authorities and local municipalities.