RTI International announced Monday it has acquired International Resources Group, which was formerly a subsidiary of Engility Holdings.
RTI was already one of the U.S. Agency for International Development’s largest contractors. With $106.1 million in obligated USAID contract funding in 2015, the North Carolina-based implementer ranked eighth among USAID partners, while IRG — with $82.4 million in obligated funding — followed closely behind in ninth.
RTI employs more than 4,700 people in more than 75 countries.
According to a press statement, the acquisition will allow RTI to establish a foothold in various new countries including Rwanda and Ukraine, and will likely boost the organization’s natural resources management and climate resilience portfolios — two of IRG’s core areas of technical expertise — among others. The value of the deal was not disclosed.
“We are extremely excited to welcome the IRG staff into the RTI family,” said RTI President and CEO Wayne Holden in the statement.
For now, IRG will operate as an independent subsidiary of RTI “in order to facilitate an orderly transition,” according to the statement.
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Michael Igoe is a senior correspondent for Devex. Based in Washington, D.C., he covers U.S. foreign aid and emerging trends in international development and humanitarian policy. Michael draws on his experience as both a journalist and international development practitioner in Central Asia to develop stories from an insider's perspective.
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