DTCF Advises on the Sale of VECO Corporation
Highlights DTCF’s Experience in the Engineering and Construction Sector
Deloitte & Touche Corporate Finance LLC (DTCF) is pleased to announce its role as the exclusive financial advisor to VECO Corporation (VECO) in its sale to CH2M HILL. The deal places a value of $463 million on VECO.
About VECO Corporation and CH2M Hill
The former VECO organization includes businesses specializing in program management, construction, engineering, procurement, operations and maintenance that have been serving oil and gas, mining and power clients since 1968. With more than 4,000 employees, the organization has major operations in Alaska, western Canada, the United States, Russia and the Middle East. The former VECO businesses will generally operate under the CH2M HILL name.
Headquartered in Denver, CO, employee-owned CH2M HILL is a global leader in engineering, construction and operations for public and private clients. With more than $5 billion in revenue, CH2M HILL is a program management, construction management and design firm. The firm’s work is concentrated in the areas of transportation, water, energy, environment and industrial facilities. CH2M HILL has more than 23,000 employees in regional offices around the world.