Michael Baker Corporation Has Acquired RBF Consulting
A Principal Of 7 Mile Advisors Acted As The Buy-Side Advisor to Michael Baker Corporation In Their Acquisition Of RBF Consulting
In October 2011, Michael Baker Corporation announced the acquisition of acquired RBF Consulting (RBF), a 540-person engineering, planning, surveying and environmental services firm based in Irvine, CA. The acquisition of RBF significantly expanded Baker’s presence in the Western U.S. transportation, civil and environmental infrastructure markets and, through its water resources experience and expertise, provides a platform for Baker to build a national water and wastewater practice. Founded in 1944, RBF Consulting has 17 offices in California, Nevada and Arizona and provides comprehensive planning, design and construction services for its clients including public and governmental agencies, the development community, private enterprise, non-profit agencies and colleague firms. RBF’s revenue in 2010 was approximately $103 million. The combination of Baker’s and RBF’s services created a truly national engineering consulting and professional services firm and expands the ability of both companies to compete for and execute larger and more complex infrastructure projects on an international scale. Also, a combined Baker and RBF places emphasis on and strongly supports both firms’ internal and external sustainability initiatives.
A current employee of 7 Mile Advisors contributed to the transaction while at Michael Baker Corporation.