Article summary
On 10 January 2020, the European Commission announced it has cleared the acquisition of joint control of AECOM E&C Holdings, Inc, Maverick Newco LLC and AECOM International Holdings (UK) Limited (together AECOM Management Services) by American Securities LLC and Goldberg Lindsay & Co LLC (Lindsay Goldberg), all based in the US (Case M.9636). AECOM Management Services is a global provider of professional services to governments and related entities in the defence sector. American Securities is a private equity firm active in various industry sectors, including business services, consumer, healthcare, industrial and technology. Lindsay Goldberg is an investment advisor to private equity funds in various industry sectors. The Commission found the proposed transaction would not raise competition concerns because it has only limited impact on the market.
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