M&A Deal Summary

Broadspectrum Pty Acquires VMS

On September 17, 2007, Broadspectrum Pty acquired business services company VMS for 30M USD

Acquisition Highlights
  • This is Broadspectrum Pty’s 3rd transaction in the Business Services sector.
  • This is Broadspectrum Pty’s 4th largest (disclosed) transaction.
  • This is Broadspectrum Pty’s 3rd transaction in the United States.
  • This is Broadspectrum Pty’s 1st transaction in Vermont.

M&A Deal Summary

Date 2007-09-17
Target VMS
Sector Business Services
Buyer(s) Broadspectrum Pty
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

VMS

Richmond, Vermont, United States
VMS, Inc. is a provider of operations and maintenance services for road transport infrastructure and associated facilities for the State Departments of Transportation in Virginia, Florida, Texas, Alaska, Maryland and in Washington DC.

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Buyer(S) 1

Buyer

Broadspectrum Pty

North Sydney, Australia

Category Company
Founded 2001
Sector Business Services
Revenue 3.7B AUD (2013)
DESCRIPTION

Broadspectrum Pty Ltd. is a provider of essential services to critical community assets and infrastructure. The company's approach integrates a focus on optimizing performance, integrity, and output of clients’ businesses and assets to deliver real business outcomes safely and responsibly, with a diverse, collaborative and caring workforce. Broadspectrum was formed in 2001 and is based in North Sydney, Australia.


DEAL STATS #
Overall 5 of 6
Sector (Business Services) 3 of 3
Type (Add-on Acquisition) 4 of 5
State (Vermont) 1 of 1
Country (United States) 3 of 3
Year (2007) 2 of 2
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-22 TIMEC Holdings

Vallejo, California, United States

TIMEC Holdings, Inc. is a contractor of industrial services with a primary focus on providing routine and turnaround maintenance repair for oil refineries and petrochemical plants.

Buy $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-13 Easternwell Group Pty

Brisbane, Australia

Easternwell Group Pty Ltd. is a provider of well services and well construction business, focused on the mining, oil & gas and infrastructure sectors. It provides mainly production-focused, high margin services both earlier in the asset lifecycle and throughout the production phase. Key services include well servicing and maintenance activities, coal seam gas (“CSG”) drilling, production-related iron ore mine dewatering, backfill drilling, near-shore geotechnical drilling and dam remediation services.

Buy AU$575M