RPS Group

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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.

History

RPS was founded in 1970, as Rural Planning Services,[1] with founder Michael Boddington as its first chief executive.[2] It was first listed on the London Stock Exchange in 1987.[1]

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.[3]

In 2014 RPS Group acquired CgMs Consulting, a consultant company speicalising in obtaining significant planning permission in green belt areas.[4]

In August 2022, WSP Global made a takeover offer to purchase RPS Group for £591 million.[5][6][7] In September 2022, RPS received a counter takeover offer from Tetra Tech for £636 million[8] with WSP opting not to increase its bid.[9] RPS' shareholders voted to accept the Tetra Tech offer in November 2022[10] and it was approved by the court in January 2023.[11]

References

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  1. ↑ a b Corporate factsheet RPS Group
  2. ↑ Hearne A.S. (1977) The Impact of Major New Roads on Agriculture: Economic and Procedural Aspects, PhD Thesis at the University of Aston in Birmingham, see acknowledgements and Ch8, p 191, Introduction, 1.1: A S Hearne is the CEO of RPS Group plc; Edwards, Angela & Alan Rogers (1974) Agricultural Resources: An Introduction to the Farming Industry of the United Kingdom, London, Faber and Faber, see list of Contributors and Ch 11 pp245-268 and Ch12 pp 269-292; Economic Forestry Group (November 1973) Newsletter Forestry House, Great Milton, Oxford OX9 7PG
  3. ↑ Script error: No such module "citation/CS1".
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  6. ↑ Script error: No such module "citation/CS1".
  7. ↑ WSP agrees deals to buy out RPS New Civil Engineer 9 August 2022
  8. ↑ Script error: No such module "citation/CS1".
  9. ↑ Script error: No such module "citation/CS1".
  10. ↑ Results of Court Meeting and General Meeting RPS Group 3 November 2022
  11. ↑ Script error: No such module "citation/CS1".

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External links

Template:Authority control Template:Construction industry of the United Kingdom

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