RPS Group

Global professional services firm From Wikipedia, the free encyclopedia

RPS Group

RPS Group Limited is a global professional services firm of consultants and service providers, headquartered in Abingdon-on-Thames, England. It was listed on the London Stock Exchange until it was acquired by Tetra Tech in January 2023.

Quick Facts Formerly, Company type ...
RPS Group Limited
FormerlyRural Planning Services
Company typeLimited company
IndustryEnvironmental consulting, Upstream Oil and Gas and Renewable Energy consulting
Founded1970
HeadquartersAbingdon-on-Thames, England
Key people
Ken Lever (Chairman)
John Douglas (CEO)
Revenue £560.4 million (2021)[1]
£28.3 million (2021)[1]
£5.9 million (2021)[1]
Number of employees
5,000 (2022)[2]
ParentTetra Tech, Inc.
Websitewww.rpsgroup.com
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History

RPS was founded in 1970, as Rural Planning Services,[3] with founder Michael Boddington as its first chief executive.[4] It was first listed on the London Stock Exchange in 1987.[3]

In the late 20th century, the company expanded under the leadership of a later chief executive, Alan Hearne, and in 2001 he received the Financial Times / London Stock Exchange Entrepreneur of the Year award and company was nominated in the top four for PLC of the Year in the same awards.[5]

In 2014 RPS Group acquired CgMs Consulting, a consultant company speicalising in obtaining significant planning permission in green belt areas.[6]

In August 2022, WSP Global made a takeover offer to purchase RPS Group for £591 million.[7][8][9] In September 2022, RPS received a counter takeover offer from Tetra Tech for £636 million[10] with WSP opting not to increase its bid.[11] RPS' shareholders voted to accept the Tetra Tech offer in November 2022[12] and it was approved by the court in January 2023.[13]

References

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