Wednesday, May 11, 2011

Booz Allen sells S&L Transportation business

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Englewood, Colo.-based CH2M HILL, a global full-service consulting, design, construction, and operations firm, announced Wednesday that it has signed a definitive purchase agreement to acquire Booz Allen Hamilton’s State & Local Government Transportation Consulting (S&L Transportation) business.

Booz Allen Hamilton is divesting its State & Local Government Transportation Consulting business in order to better align its contract portfolio with the company’s federal government business. The closing of the transaction, currently expected during this year’s third calendar quarter, is subject to customary closing conditions, CH2M HILL said.

“We are excited to welcome the transit and rail professionals from Booz Allen Hamilton’s S&L Transportation business to the CH2M HILL family,” said Transportation President Garry Higdem. “Their long track record of supporting top-tier U.S. and Canadian transit agencies with a wide range of management and consulting services blends perfectly with CH2M HILL’s transit and rail planning, design, construction, program management, and operations capabilities. This combined services portfolio creates a strong value proposition for our clients around the world.”

Gary Schulman, a senior vice president with Booz Allen Hamilton’s S&L Transportation business, said, "We are excited about the possibilities that joining CH2M HILL presents for our employees as well as our clients. Their culture of ethics, diversity, and inclusivity—combined with their highly integrated business platform and focus on sustainability—makes this an ideal fit for our talented professionals.”