RPS Group

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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)
RevenueIncrease £560.4 million (2021)[1]
Increase £28.3 million (2021)[1]
Increase £5.9 million (2021)[1]
Number of employees
5,000 (2022)[2]
ParentTetra Tech, Inc.
Websitewww.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.

History

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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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  1. ^ a b c Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  3. ^ a b Corporate factsheet RPS Group
  4. ^ 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
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  9. ^ WSP agrees deals to buy out RPS New Civil Engineer 9 August 2022
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  12. ^ Results of Court Meeting and General Meeting RPS Group 3 November 2022
  13. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
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