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Aecom acquires Tishman Construction Corp.

Los Angeles-based Aecom Technology Corp announced that it has acquired Tishman Construction Corp., a leading provider of construction management services in the United States and the United Arab Emirates, in a US$245-million transaction.

This transaction allows Aecom to expand its mix of higher-margin construction management/ program management business - a market estimated to be in excess of US$100 billion globally by Engineering News-Record - without materially increasing its overall risk profile.

Tishman specializes in providing construction management services, but also provides program management and other construction-related services.



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