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CONTACT INFORMATION
Black & Veatch
www.bv.com
George Minter
minterga@bv.com
FOR IMMEDIATE RELEASE
Acquisition of Ariston
Consulting & Technologies, Inc. Expands Company's SAP Presence
SAN DIEGO, CA. September 8, 2009 -Black &
Veatch continues to expand its technology solutions practice with
the acquisition of Ariston Consulting & Technologies, Inc.,
an SAP systems integrator headquartered in San Diego, CA.
Ariston is currently providing business-critical SAP services to
15 client sites throughout the United States and Canada, including
Clark County (Las Vegas), NV; Bernalillo County (Albuquerque), NM;
City of Charlottesville, VA.; and City of Burnaby, B.C.
"Ariston has a great working relationship with SAP and is
a `go-to` partner for utility and other public-sector business projects,"
said Rodger Smith, President of Black & Veatch's Enterprise
Management Solutions Division (EMS). "The combination of Ariston
professionals' abilities and Black & Veatch`s strength in engineering,
consulting and construction create a powerful service capability
to help our clients reduce costs, streamline operations and improve
customer service."
"Black & Veatch's strong reputation and financial resources
create new opportunities for Ariston professionals to build upon
the services we provide clients today," said Luc Cayet, Chief
Financial Officer of Ariston, who will join the EMS division as
Managing Director.
"Black & Veatch welcomes all employees at Ariston into
our family of approximately 9,000 professionals around the world
and we will immediately leverage our combined capabilities to solve
more of our clients' business-critical issues," Smith added.
Financial terms of the transaction were not disclosed.
Editor`s Notes:
Since 2005, Black & Veatch has more than doubled the
size of its EMS division, providing clients with a wide range of
business advisory solutions in business and regulatory strategy,
financial feasibility, rate development, bond financing, asset valuation
and evaluation, resource planning, risk management and business
applications.
When combined with other Black & Veatch service offerings,
including Smart Utility and Demand Side Management, the SAP service
adds to an integrated set of solutions that help clients more efficiently
manage their operations.
SAP is the world's largest enterprise resource planning software
solution. It is used to automate processes, such as financial and
billing applications, as well as asset and operational management
for clients.
About Black & Veatch
Black & Veatch is a leading global engineering, consulting
and construction company specializing in infrastructure development
in energy, water, telecommunications, management consulting, federal
and environmental markets. Founded in 1915, Black & Veatch develops
tailored infrastructure solutions that meet clients' needs and provide
sustainable benefits. Solutions are provided from the broad line
of service expertise available within Black & Veatch, including
conceptual and preliminary engineering services, engineering design,
procurement, construction, financial management, asset management,
program management, construction management, environmental, security
design and consulting, management consulting and infrastructure
planning. With $3.2 billion in revenue, the employee-owned company
has more than 100 offices worldwide and has completed projects in
more than 100 countries on six continents.
About Ariston Consulting & Technologies, Inc.
Since its founding in 1999, Ariston has grown from strictly
a GIS/ERP integration company to one that provides complete SAP
and GIS solutions to the utilities and public sector communities.
Ariston has been recognized as a leading SAP systems integrator
for utility and public sector projects both by its customers and
the SAP community. Ariston has a proven track record in local government
with on-budget, on-schedule implementations but most importantly,
achieving customer-responsive business results. Ariston is privately
held and has worked on over 20+ public sector engagements.
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