Formerly | Rural Planning Services |
---|---|
Company type | Limited company |
Industry | Environmental consulting, Upstream Oil and Gas and Renewable Energy consulting |
Founded | 1970 |
Headquarters | Abingdon-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] |
Parent | Tetra Tech, Inc. |
Website | www.rpsgroup.com |
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.
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 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]
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