AECOM to acquire RSW Inc.

550-employee Montreal-based engineering firm to expand AECOM energy practice.

Comments Off on AECOM to acquire RSW Inc. September 27, 2010
by DE staff

AECOM Technology Corporation announced it will acquire RSW Inc., a Montreal-based consulting engineering firm that specializes in the energy, industrial, urban infrastructure, building, environment, transportation, mining and telecommunication sectors.

According to the company, RSW generated approximately US$45 million of gross revenue in the 12 months ended November 30, 2009. AECOM expects the transaction to be accretive to cash earnings per share (EPS) in fiscal year 2011. On a GAAP basis, the transaction is expected to be neutral to EPS in fiscal year 2011.

"We are excited about the possibilities that joining AECOM presents for our employees as well as our client," Georges P. Dick, RSW president and general director. "We look forward to leveraging AECOM’s global platform to better serve our existing clients, connect with new ones and offer professional-development opportunities for our staff."

The acquisition, subject shareholder approval and necessary regulatory approvals, is expected to close in the fourth quarter of 2010.
www.aecom.com
www.rswinc.com