Bus

AECOM completes RSW acquisition

Posted on November 29, 2010

AECOM Technology Corp. announced it has completed its acquisition of RSW Inc., an international engineering firm based in Montreal.

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.

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

 

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