AECOM to acquire RSW Inc.
By DE staffGeneral merger
550-employee Montreal-based engineering firm to expand AECOM energy practice.
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."