Formerly listed on the Australian Securities Exchange, and later owned by Ferrovial, it was then acquired by Ventia who integrated Broadspectrum alongside Visionstream.

[9][10][11] In July 2011 Transfield Services sold its North American based facilities management business USM to Emcor for US$255 million,[12] and also announced the sell down of 80 percent of its share in the Transfield Services Infrastructure Fund to Ratchaburi Australia, a subsidiary of Thai company Ratchaburi Electricity General.

[13][14] In October 2012, Transfield Services was contracted to manage the Australian government's offshore immigration detention centre on Nauru.

[15] In March 2014, following the death of Iranian asylum seeker Reza Barati, it took over the running of the detention centre on Manus Island from G4S.

[33] Following protests and widespread criticism on social media, Executive Director of Transfield Holdings Luca Belgiono-Nettis subsequently resigned from his position as Chairman of the Biennale Board, and the Biennale severed its 41-year sponsorship relationship with Transfield Holdings.