Report: Private Equity Firms Near Deal to Buy AECOM’s Mgmt Services Business

Jacobs Solutions (NYSE: J) is in advanced discussions to combine its critical mission solutions business with Amentum in a transaction that could be worth more than $4 billion and could form a new publicly traded company, Reuters reported Thursday. Jacobs’ CMS business, which recorded approximately $4.4 billion in fiscal year 2022 revenue, provides data analytics,

Amentum has agreed to acquire PAE (Nasdaq: PAE) in an all-cash transaction valued at approximately $1.9 billion as part of efforts to establish a technology services provider serving U.S. federal agencies and allied governments. PAE’s board of directors approved the transaction that is expected to be completed by the end of the first quarter of

John Vollmer, CEO of Amentum and six-time Wash100 Award recipient, was presented his 2021 Wash100 Award during a recent visit to Amentum by Jim Garrettson, CEO of Executive Mosaic and founder of the Wash100 Award. “Since emerging as a driving force following AECOM’s acquisition of URS and installing John Vollmer and the current senior team,