AECOM's buying spree continues: Deal to acquire Hunt Construction Group in the works
The acquisition comes just two weeks after AECOM's $6 billion deal to acquire rival engineering and construction company URS Corp.
In an effort to expand its construction services business, AECOM Technology is closing a deal to acquire Hunt Construction Group, the Los Angeles Times reports. The acquisition comes just two weeks after AECOM's $6 billion deal to acquire rival engineering and construction company URS Corp.
Hunt, a private company with headquarters in Indianapolis and in Scottsdale, Ariz., has managed major U.S. projects such as the Barclays Center in Brooklyn, N.Y., and Marlins Park in Miami. Hunt employs more than 700 people and generated some $1.2 billion in revenue last year.
Because Hunt isn’t publicly traded, details of the deal are not disclosed.
The URS and Hunt acquisitions allows AECOM to offer an extensive package to clents, from engineering to design to construction, the company's president Michael S. Burke told the Times.