Los Angeles engineering and construction firm Aecom has purchased Hunt Construction Group for an undisclosed sum in a deal announced on Tuesday.
Aecom previously acquired San Francisco’s URS Corp. in a $6 billion deal that was announced earlier this month.
Hunt Construction Group is headquartered in Indianapolis and has about 700 employees in nine U.S. offices and revenue exceeding $1.2 billion last year.
Daniel P. McQuade, Aecom’s chief executive for construction services, said Hunt Construction Group has demonstrated expertise in sports, aviation and health care projects.
Hunt projects include Marlins Park in Miami, Maynard H. Jackson Jr. Terminal at Atlanta Hartsfield Airport and San Antonio Military Medical Center.
Aecom and Hunt Construction Group worked together on Barclays Center, an arena in Brooklyn, N.Y.; and the Proton Therapy Clinc at Mayo Clinic in Phoenix.
“The addition of Hunt’s people and resources immediately makes Aecom one of the largest U.S. builders,” Michael S. Burke, Aecom chief executive, said in a statement. “This important expansion of our build expertise reflects the continued advancement of our strategy to create an integrated delivery platform with superior capabilities to design, build, finance and operate infrastructure assets globally.”
Aecom’s acquisition of URS is expected to close in October. Following the completion of its purchases of URS and Hunt Construction Group, Aecom will have more than 95,000 employees working in 150 countries. The combined company would have had 2013 revenue of more than $20 billion.
Shares of Aecom closed slightly down Tuesday at $34.72 on the NYSE.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Aecom to Lease at One California Plaza
- All About Strategy: How Aecom’s Michael Burke Built a Behemoth
- Aecom Acquires URS
- Aecom Buys Newport Beach Firm
- Aecom Buys Second Water Treatment Firm
- Acquisition Costs Hurt Aecom Earnings
- Engineering Giant Plans Return to Downtown
- Tuesday Rundown: Green Dot Opens Shanghai Office, Aecom Sells Staffing Unit, Molina Buys in Florida Again