TPF

What TPF does

TPF is a Belgian-headquartered multidisciplinary engineering consultancy group that provides four core capabilities — Consultancy, Design, Technical Asset Management, and Project Management/Supervision — across three sectors: Building & Cities, Environment & Water, and Transport & Mobility. The firm delivers services through a network of wholly-owned local subsidiaries spanning more than 40 countries, including TPF Engineering and TPF Utilities in Belgium, TPF Engenharia and Synergia in Brazil, TPF Ingénierie (with Im-pact, TPF Utilities France, and the recently acquired CTH Ingénierie) in France, TPF Consultores in Portugal, TPF Ingenieria in Spain, TPF Sp. Z.o.o. in Poland, TPF Inginerie in Romania, TPF Engineering PVT. LTD. and CETEST in India, TPF Morocco, and TPF Senegal. Its portfolio includes mega-projects such as the Alto Tâmega Hydropower Complex (1,158 MW combined capacity, the largest hydropower project of its kind in Europe in 25 years) and the Ramal do Agreste Water Supply System in Brazil (serving 2.2 million residents across ~71 cities).

The company's go-to-market is sales-led and project-based, with contracts typically secured through competitive bidding for government infrastructure tenders or direct engagement with enterprise clients such as ING Belgium and architectural partners like Jaspers-Eyers Architects. Revenue is generated through professional services fees on engineering deliverables, technical asset oversight, and construction supervision, with no publicly disclosed pricing model. Technology differentiation is incremental rather than foundational: TPF deploys drone-based construction inspection and AI-augmented engineering workflows on project sites and holds recognized sustainability credentials including BREEAM Excellent certification on delivered buildings.

TPF is privately held, family-influenced, and led by Executive Chairman Thomas Spitaels alongside regional CEOs such as Carlos Baião (TPF Consultores, Portugal). The group has grown over approximately 30 years through a combination of organic expansion and acquisitions, most recently completing the November 2025 acquisition of CTH Ingénierie in France and refreshing its Board of Directors in January 2026 with three new members. It is externally recognized via the ENR Top 200 Environmental Firms ranking (#154 in 2025), the EY Entrepreneur of the Year Belgium Award (2025), and the Autodesk Design & Make Awards (first Brazilian winner via TPF Engenharia).

Name

TPF

Legal name

TPF

Website

https://tpf.eu

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

TPF is a Brussels-headquartered multidisciplinary engineering consultancy delivering consultancy, design, technical asset management, and project supervision across building, environment/water, and transport sectors in 40+ countries, primarily serving government agencies and enterprise clients through local subsidiaries.

Ownership category

akta.pro rank

Product category

Engineering Consultancy Services

NAICS

Engineering Services (54133), Architectural, Engineering, and Related Services (5413)

SIC

Services-Engineering Services (8711), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Systems Engineering & Technical Program Management (BPAHAIAI)

akta.pro secondary industry

Testing, Commissioning & Energization Services (T&C) (IMAFAHAK)

Keywords

• Engineering consultancy
• Infrastructure design
• Project supervision
• Technical asset management
• Sustainable buildings

Headquarters

HQ city

Brussels

HQ country

Belgium

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Engineering Consultancy Services: TPF generates revenue through providing engineering consultancy services including feasibility studies, design, technical asset management, and project supervision/management. Revenue is project-based and generated through direct contracts with government agencies and private sector clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

TPF is a multidisciplinary engineering consultancy group delivering engineering services across the full project lifecycle — from feasibility and consultancy through design, technical asset management, and project management/supervision. Its work spans three sectors (Building & Cities, Environment & Water, Transport & Mobility) and serves government agencies and private-sector clients in more than 40 countries. The firm also applies innovation tools such as drones and AI to support construction inspection and supervision on large-scale infrastructure projects.

Product overview

TPF is a multidisciplinary engineering consultancy group operating in more than 40 countries. The company offers a unified portfolio of core engineering services organized into four main capabilities: Consultancy, Design, Technical Asset Management, and Project Management/Supervision. These services span three primary sectors: Building & Cities, Environment & Water, and Transport & Mobility. TPF delivers these services through a network of regional subsidiaries including TPF Engineering (Belgium), TPF Utilities (Belgium/France), TPF Engenharia (Brazil), Synergia (Brazil), Im-pact (France), CETEST (India), TPF Engineering PVT. LTD. (India), TPF Morocco, TPF Sp. Z.o.o. (Poland), TPF Consultores (Portugal), TPF Inginerie (Romania), TPF Senegal, and TPF Ingenieria (Spain). The group also acquired CTH Ingénierie in France in 2025. Notable projects include the Bhopal Arc Bridge in India, the Alto Tâmega Hydropower Complex in Portugal, and the New ING Bank Building in Belgium.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering Consultancy Services

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core.

• CTH IngénieriecoreStrategic or Co-development Partner · 1 November 2025CTH Ingénierie joined TPF Ingénierie in November 2025 as part of TPF's continued growth strategy in France. CTH is a recognized player in infrastructure, engineering studies, and mountain engineering.
• TECHNE & ENGECONSULTcoreStrategic or Co-development PartnerTPF partnered with TECHNE and ENGECONSULT on the Ramal do Agreste Water Supply System project in Brazil. The partnership involves joint execution of one of the largest water-related infrastructure investments, with TPF providing construction supervision services while partners contributed to engineering design and execution.
• Jaspers-Eyers ArchitectscoreStrategic or Co-development PartnerJaspers-Eyers Architects served as the architect for the New ING Bank Building project in Louvain-la-Neuve, Belgium. TPF provided structural engineering, technical building services, and EPB support for this BREEAM Excellent certified building designed by Jaspers-Eyers Architects.
• CETESTcoreOthers
• SynergiacoreOthers
• Im-pactcoreOthers

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• WSP Global: Canadian-headquartered global professional services firm with deep engineering, environment, and property capabilities. Competes with TPF for large multinational consulting mandates, particularly in water, environment, and transport where TPF has credentials (e.g., Ramal do Agreste, Bhopal Arc).
• Black & Veatch: US-headquartered global engineering, procurement, and consulting firm with deep water, energy, and environment practices. Overlaps with TPF on large water supply and hydropower programs, though B&V typically operates at larger EPC-adjacent scope.
• Stantec: Canadian global engineering and consulting firm active in water, environment, infrastructure, and buildings. Direct overlap with TPF in water supply system design and supervision (e.g., Ramal do Agreste-type mandates) and in sustainable building certification work.
• Ramboll: Denmark-based engineering, design, and consulting company with strong sustainability/water/transport practices. Comparable in multidisciplinary approach and public-sector orientation; larger scale and broader geographic reach make it a relevant comparator for cross-border bids.
• AFRY (ÅF Group): Sweden/Finland-based engineering and design consultancy with hydropower, transport, and environment capabilities. Direct competitor in hydropower dam development (overlap with Alto Tâmega-type work) and European infrastructure engineering markets.
• Sweco: Swedish-headquartered European engineering consultancy with extensive water, environment, transport, and buildings practices. Larger and more diversified than TPF, but directly comparable in multidisciplinary engineering services to public and private clients across multiple European geographies including Iberia, Belgium, and Poland.
• Arcadis: Global design and consultancy firm in water, environment, buildings, and mobility. Significantly larger than TPF (multi-billion revenue) but competes for the same large public-sector infrastructure mandates in Europe and LATAM that TPF pursues, including water supply and hydropower programs.

Direct peers

• Egis: French multidisciplinary engineering group operating in infrastructure, energy, environment, and transport. Comparable in scale and capability mix to TPF, with similar geographic diversification across Europe, LATAM, MEA, and Asia, and similar project-based public- and private-sector revenue model.
• Artelia: French engineering and project management consultancy with strong water, environment, energy, and buildings practices. Closely overlaps TPF on consultancy + design + project supervision capabilities, and competes directly in France and internationally across water and transport verticals.
• Tractebel (Engie subsidiary): Belgian-headquartered engineering consultancy owned by Engie, active across energy, water, buildings, and infrastructure. Direct competitor to TPF on large European public-sector and energy mandates, with overlapping sectors (Building & Cities, Environment & Water, Transport & Mobility) and Brussels HQ presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TPF