Transaction Significantly Enhances URS' Presence in South Carolina
and Provides Expertise in Water/Wastewater Market
Apr. 15, 2011 (Business Wire) -- URS Corporation (NYSE:URS) today announced it has acquired BP Barber, a privately held civil engineering firm specializing in water and wastewater infrastructure, headquartered in Columbia, South Carolina. The financial terms of the transaction were not disclosed.
With a staff of approximately 150 professionals working from six offices located in South Carolina, North Carolina and Georgia, BP Barber is a provider of engineering services to state and local government agencies and private sector companies in the Southeast. The company primarily serves the water/wastewater market. It also provides environmental, urban development, surveying and geographic information system services.
The addition of BP Barber expands URS' presence in South Carolina, particularly in the attractive water/wastewater market and provides immediate opportunities for URS to broaden services to existing BP Barber customers.
Commenting on today's announcement, Gary V. Jandegian, President, Infrastructure & Environment, URS Corporation, said: "We are very pleased to have BP Barber join URS. BP Barber adds technical expertise and highly skilled resources to expand our service offerings to public and private sector clients in the southeast United States."
URS Corporation (NYSE: URS) is a leading provider of engineering, construction and technical services for public agencies and private sector companies around the world. The Company offers a full range of program management; planning, design and engineering; systems engineering and technical assistance; construction and construction management; operations and maintenance; and decommissioning and closure services. URS provides services for power, infrastructure, industrial and commercial, and federal projects and programs. Headquartered in San Francisco, URS Corporation has approximately 47,000 employees in a network of offices in more than 40 countries (www.urs.com).
Sam Ramraj, 415-774-2700
Sard Verbinnen & Co
Burns/Jamie Tully/Briana Kelly