M&A Deal Summary

Balfour Beatty WorkPlace Acquires Parsons Brinckerhoff Group

On September 17, 2009, Balfour Beatty WorkPlace acquired engineering company Parsons Brinckerhoff Group for 626M USD

Acquisition Highlights
  • This is Balfour Beatty WorkPlace’s 1st transaction in the Engineering sector.
  • This is Balfour Beatty WorkPlace’s largest (disclosed) transaction.
  • This is Balfour Beatty WorkPlace’s 1st transaction in the United States.
  • This is Balfour Beatty WorkPlace’s 1st transaction in New York.
Investment Fate
  • Parsons Brinckerhoff Group was divested to a consortium of strategic buyers in 2014 for 1.2B USD.

M&A Deal Summary
Date 2009-09-17
Target Parsons Brinckerhoff Group
Sector Engineering
Buyer(s) Balfour Beatty WorkPlace
Deal Type Add-on Acquisition
Deal Value 626M USD

Target

Parsons Brinckerhoff Group

New York, New York, United States
website
Parsons Brinckerhoff is a professional services firm with a network of approximately 170 offices and nearly 13,500 employees on five continents. The firm is a premier infrastructure consultancy providing services in transportation, power, energy, community development, water, mining and environment segments.

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Buyer(S) 1

Buyer

Balfour Beatty WorkPlace

London, United Kingdom

website

Category Company
Founded 1816
Sector Business Services
DESCRIPTION

Balfour Beatty WorkPlace Ltd (BMS), lifecycle management, planned preventative and reactive maintenance, fabric and grounds maintenance, and gates and barriers; and lifts, hoists, and conveyance systems.

DEAL STATS #
Overall 2 of 3
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-18 Covion

Reading, United Kingdom

Covion is a facilities infrastructure services company and is is one of the UK's fastest growing companies. Covion is dedicated to working with organisations in creating a Facilities Infrastructure which provides our customers with the confidence to re-focus their efforts on achieving their key business goals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-01 Power Efficiency

Sidcup, United Kingdom

Power Efficiency Ltd is a provider energy procurement and carbon reduction consultancy services.

Buy -
Mergr

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