TETRA TECH INC (TTEK): M&A transaction — Tetra Tech files RPS audited FY2022 financials: revenue £670.6M, net profit £4.4M

TETRA TECH INC

RPS revenue for year ended Dec 31, 2022 was £670.6M; operating profit £14.8M; net profit £4.4M.
Auditor issued a qualified opinion due to absence of comparative financial statements for 2021.
RPS net assets as of Dec 31, 2022: £369.7M; cash at bank £25.0M; borrowings £54.1M.
Tetra Tech acquisition of RPS completed Jan 24, 2023; this 8-K/A adds required historical and pro forma financials.
Pro forma combined balance sheet and income statement for FY2022 filed as Exhibit 99.2.

item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

TETRA TECH INC completed an acquisition involving RPS Group plc (closed 2023-01-24).

Action: acquisition
Counterparty: RPS Group plc
Closing: 2023-01-24

Exact text from the filing

on January 24, 2023, Tetra Tech, Inc., (the “Company”) completed the acquisition of RPS Group plc (“RPS”) through a United Kingdom court-approved scheme of arrangement.

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Source: SEC EDGAR

accession 0001104659-23-043574

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