Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Parsons Completes Acquisition of First Support Services, Inc. From FirstGroup


Parsons Completes Acquisition of First Support Services, Inc. From FirstGroup

Acquisition Deepens Parsons' Portfolio of O&M Services

PASADENA, CA -- (Marketwire) -- 03/08/13 -- Parsons is pleased to announce that it has received all necessary U.S. government approvals and has completed its acquisition of First Support Services, Inc. (and its subsidiaries), a wholly owned subsidiary of FirstGroup. First Support Services is a leading provider of facility operations and maintenance (O&M) services, logistics support, transportation support, and telecommunications operations services to the U.S. government.

"This acquisition is another step toward meeting our strategic goals and extending our reach in mission-critical operations of the federal marketplace," said Chuck Harrington, Parsons' Chairman and CEO. "First Support Services has more than a quarter century of experience and will greatly enhance our O&M capabilities."

First Support Services was founded in 1982 with the mission of providing quality and responsive O&M services to federal, state, and local government agencies as well as to private sector businesses. Today, the majority of First Support Services' contracts support the U.S. Department of Defense military services (United States Air Force and United States Navy).

First Support Services is headquartered in Dallas, Texas, employs more than 175 people around the world, and has revenues of more than $50 million per year.

Parsons, celebrating nearly 70 years of growth in the engineering, construction, technical, and professional services industries, is a leader in many diversified markets with a focus on transportation, environmental/infrastructure, defense/security, and resources. Parsons delivers design/design-build, program/construction management, and other professional services packaged in innovative alternative delivery methods to federal, regional, and local government agencies, as well as to private industrial customers worldwide. For more about Parsons, please visit www.parsons.com.

Media Contact: Erin Kuhlman Office: (626) 440-4590 Fax: (626) 440-2650 erin.kuhlman@parsons.com

Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement