LOS ANGELES — AECOM Technology Corp., a provider of professional technical and management support services for government and commercial clients, has completed its acquisition of RSW Inc., an international engineering firm based in Montreal, Quebec, Canada.
RSW is a 550-employee service provider to clients in key end markets, including hydro power and transmission and distribution, which will bolster the company’s already strong portfolio of services, particularly in its global energy business.
"Welcoming RSW into the AECOM family enables us to expand the growth opportunities for both companies," said John M. Dionisio, AECOM president and CEO. "The combination of RSW’s 40-year track record of serving clients in the Canadian infrastructure and energy markets and the work of its talented staff on complex projects in more than 50 countries further strengthens AECOM’s ability to win the world’s most complex and demanding projects."
RSW generated approximately $45 million of gross revenue in the 12 months ending Nov. 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.
For more information, visit www.aecom.com.