Author: Mary-Louise Hoffman|| Date Published: October 14, 2019
Investment firms American Securities and Lindsay Goldberg are seeking to acquire the management services business of AECOM (NYSE: ACM) in a deal that could be worth up to $2.4B, Bloomberg reported Sunday.
News of the possible transaction came nearly four months after AECOM unveiled its plans to spin off the unit as an independent, publicly traded venture that would primarily support national government clients.
2019 Wash 100 awardee John Vollmer leads the group, which earned $3.7B in fiscal 2018 revenue.
The report said AECOM’s market cap hit $5.9B at Friday’s close.
War Data Platform enables standardized data for agentic AI applications Advana modernization includes financial management and application migration Explore AI,…
Noblis MSD has won a five-year, single-award IDIQ contract to provide end-to-end engineering services for the Network Integration Engineering Facility…
The acquisition expands Empower AI’s capabilities in AI, cloud, data management and DevSecOps Highlight Technologies adds digital modernization and AI-driven…
