Visit our Community Guidelines for more information and details on how to adjust your email settings. Aecom’s services include consulting, planning, architecture, engineering and construction management, according to its website. Subscribe to Construction Dive: Topics covered: commercial, infrastructure, design, green, regulation, multifamily construction, and more. I was working on the same projects with same PMs (and still am even a couple years later). WSP Approaches Engineering Firm Aecom About Deal, tap here to see other videos from our team. According to investment magazine TheStreet, in October 2019, AECOM agreed to sell its management services unit to a group of private-equity firms for $2.4 billion.

If they acquire so you'd be a part of WSP. Company leaders said they would review the letter, Ecology and Environment Inc., a 775-employee, publicly traded company that. I currently work in AECOM and I honestly don't understand negative comments being mentioned here. However that being said I found them to be alot more organised, with alot of procedure than my experiences with smaller firms. By using our Services or clicking I agree, you agree to our use of cookies. Aecom, which had been targeted by activist investor Starboard Value last year, agreed in October to sell its management services division to a group of private equity firms for $2.4 billion. Although there is no guarantee that the talks will lead to a deal or how a deal would play out, analyst Andrew Wittmann said in a written research report that he believes the discussions "likely have some merit" for several reasons, including the fact that WSP's stated goals include acquisitive growth, that AECOM stock has inexplicably climbed in recent days and that AECOM leadership is currently transitioning.

The trend of these growing large publicly traded companies is just bad for the US working force in general, but since congress is OK with selling out the public interest to these large corporations and their demand to boost stock price above all else, even if by only pennies, we are all fucked. Click Image To Read More, Julie Jarvis is the Managing Director of recruitment specialist PRS. Please try again. Well they ghosted me three times after interviews, and finally reached back out after I already accepted an offer. that the deal it had previously heard rumored, between Los Angeles-based AECOM and Montreal engineering services firm WSP, could happen next week.

The size of the civil/structural groups ended up nearly doubling after most everybody stayed. This advertisement has not loaded yet, but your article continues below. When this kind of thing happened to my company all of my office moved to the office of the company who bought us (which was nearby). and hey, I really hope to work in UK within next 3-5 years. This process is automatic.

Unauthorized distribution, transmission or republication strictly prohibited. We ask you to keep your comments relevant and respectful. If you don't see it please check your junk folder. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. UPDATE: June 3, 2020: Although recent media reports indicated that the COVID-19 pandemic had quashed talks between AECOM and WSP Global, a deal might still be on the table.

The Leading News & Information Service For The Facilities, Workplace & Built Environment Community. In June, Starboard Value LP, an AECOM investor that owns approximately 4% of the company's common stock, from Peter Feld, Starboard's managing member.