Artemis advised Chemonics on its acquisition of DMI Associates

Artemis is pleased to announce its buyside M&A advisory support for leading global sustainable solutions firm, Chemonics International, in its acquisition of DMI Associates, a France-based development consulting firm known for its expertise in governance, economic development, and institutional capacity building.  Following the successful acquisition of Berlin-based Luvent Consulting in 2024, the addition of DMI Associates further strengthens Chemonics’ European presence and capabilities. By integrating DMI Associates’ strong local and regional knowledge with Chemonics’ global resources and innovative solutions, the combined organization is poised to deliver even greater impact for local partners and communities worldwide.

Leading global sustainable solutions firm

Chemonics International is a global sustainable solutions firm that works in more than 100 countries around the world. Our mission is to promote meaningful change to help people live healthier, more productive, and more independent lives.

Client-focused approach to delivering tailored solutions to complex development issues

DMI Associates, founded in 1998, has built a reputation for its client-focused approach and its ability to deliver tailored solutions to complex development issues. The firm has worked extensively across Europe, Africa, the Middle East, Asia and the Caribbean on initiatives that strengthen public administration, foster economic growth, and promote good governance.

Seamless alignment with the mission to promote meaningful change worldwide

Louise Quy, President of Chemonics Europe,said: “DMI Associates is a perfect fit for Chemonics’ growing family of companies. The team brings exceptional technical expertise and client relationships – I’m deeply excited about our work together as we continue to expand our impact and footprint in Europe and globally.”

Reflecting on the partnership, Carine Berny, Managing Director of DMI Associates, said: “For 22 years, alongside François Théoleyre, I have had the privilege of sharing his vision, values, and passion for fostering sustainable and inclusive development. The team has a great opportunity to carry forward François’ legacy by embarking on this new journey with Chemonics to drive even greater impact.

Artemis Origination

Regarding Artemis’ role in the transaction, Joshua Leland, Chemonics Vice President of Corporate Development states: “We are grateful for the expertise and advice Artemis provided throughout the formulation, execution and project management of the transaction.”