DALLAS (December 12, 2023) — AECOM, the world’s trusted infrastructure consulting firm, today announced it has welcomed Environmental Management and Planning Solutions, Inc. (EMPSi), a leading U.S. environmental consulting firm, to AECOM. Founded in 2006, the EMPSi team of more than 50 professionals brings substantial expertise in environmental analysis, assessments and permitting, particularly with U.S. federal clients. When combined with AECOM’s existing Environment practice in the U.S., the collective team has more than doubled its environment permitting capabilities in the federal sector, positioning the Company to capture even greater share of the expected growth within this market.
“We’re excited to welcome the EMPSi team into AECOM and their federal sector market leadership further strengthens our expertise and expands our presence with federal clients who are advancing substantial environmental initiatives supported by the IIJA, IRA and other dedicated funding mechanisms,” said Matt Crane, chief executive of AECOM’s U.S. West region. “The EMPSi team have established themselves as the leaders in this market, which immediately extends our technical leadership and value proposition to a broader set of clients.”
With the addition of the EMPSi team, the combined U.S. West Environmental Planning and Permitting (EPP) team will be best positioned to leverage AECOM’s unrivaled technical expertise and innovations, such as its digital PlanEngageTM tool that significantly enhances the environmental engagement and permitting process. Appropriations under the U.S. Department of the Interior, Bureau of Land Management and Bureau of Reclamation are all projected to increase significantly over the coming years, creating a strong growth opportunity for the collective team.
“We are thrilled to join AECOM, which allows to accelerate our growth plans at an ideal time when funding across our core clients has never been greater,” said David Batts and John King, EMPSi’s co-founders. “By joining the world’s number one ranked environmental consulting and environmental engineering firm, we will be able to leverage our combined strengths and jointly pursue growth opportunities that accelerate our collective growth aspirations.”
Terms of the transaction were not disclosed. AECOM remains committed to its capital allocation policy that prioritizes shareholder value creation through investments in growth and returning substantially all available cash flow to shareholders through repurchases and dividends.
About AECOM
AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $14.4 billion in fiscal year 2023. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.
Forward-Looking Statements
All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the expected benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any contingent purchase price adjustments from those transactions could be unfavorable and result in lower aggregate cash proceeds and any future proceeds owed to us under those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
