SOURCE: CH2M HILL

CH2M HILL

May 11, 2011 09:01 ET

CH2M HILL Signs Purchase Agreement for Booz Allen Hamilton's State & Local Government Transportation Consulting Business

Booz Allen Hamilton's State & Local Government Transportation Consulting Business Is a Nationally Recognized Consultant to Transit and Rail Agencies

DENVER, CO--(Marketwire - May 11, 2011) - CH2M HILL (www.ch2mhill.com), a global full-service consulting, design, construction, and operations firm, announced today 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 has been a nationally recognized service provider to transit and rail agencies, with more than 35 years of experience providing management consulting, system engineering, rolling stock consulting, asset management, train control and communications systems, system safety, and revenue system consulting throughout North America.

"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, echoed Higdem's assessment, "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."

Ghassan Salameh, Executive Vice President with S&L Transportation, added, "Like Booz Allen Hamilton, CH2M HILL has a strong 'client for life' philosophy and a reputation for standing behind its work. We look forward to leveraging CH2M HILL's full-service, global delivery platform to better serve our combined clients, connect with new ones, and offer professional-development opportunities for our staff."

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 the third calendar quarter of 2011, is subject to customary closing conditions.

Headquartered near Denver, Colorado, USA, employee-owned CH2M HILL is a global leader in consulting, design, design-build, operations, and program management for government, civil, industrial and energy clients. The firm's work is concentrated in the areas of water, transportation, environmental, energy, facilities and resources. With US$6.3 billion in revenue and 23,000 employees, CH2M HILL is an industry-leading program management, construction management and design firm, as ranked by Engineering News-Record and named a leader in sustainable engineering by Verdantix. The firm has been named a FORTUNE 100 Best Companies to Work For five times. Visit us at www.ch2mhill.com, twitter.com/ch2mhilland facebook.com/ch2mhill.