Lindsay Goldberg, American Securities to buy AECOM's management services unit for $2.4 bln
Lindsay Goldberg and American Securities LLC agreed Oct. 14 to buy the management services business of AECOM. AECOM said in a separate statement that the deal was valued at $2.405 billion or 11.6x expected fiscal 2019 adjusted EBITDA. Management services, of Germantown, Maryland, is a contractor to the U.S. federal government and serves various departments and agencies, including the Department of Defense and the Department of Energy. Services include program and facilities management, environmental management, training, logistics, consulting, systems engineering and technical assistance, and systems integration and information technology.
14 October 2019•3 mins read
