M&A Deal Summary

WSP Acquires GL Hearn

On August 2, 2022, WSP acquired real estate company GL Hearn from Capita

Acquisition Highlights
  • This is WSP’s 2nd transaction in the Real Estate sector.
  • This is WSP’s 3rd transaction in the United Kingdom.

M&A Deal Summary
Date 2022-08-02
Target GL Hearn
Sector Real Estate
Buyer(s) WSP
Sellers(s) Capita
Deal Type Divestiture

Target

GL Hearn

London, United Kingdom
website
GL Hearn provides advice to real estate developers, investors, and occupiers across areas including planning and development, rating, valuation, and occupier services. GL Hearn is based in London, United Kingdom.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

WSP

Montreal, Quebec, Canada

website

Category Company
Founded 1885
Sector Business Services
Employees47,100
Revenue 14.4B CAD (2023)
DESCRIPTION

WSP Global is a professional services firm based in Canada, providing engineering and design services as well as consultancy services across various sectors. The company operates in fields such as buildings, transportation, infrastructure, environment, water, energy, and resources. WSP offers strategic advisory, planning, engineering, and project management services to clients ranging from governments and municipalities to private businesses and international organizations. Their expertise covers the complete lifecycle of projects, from initial concept and feasibility studies through to design, construction, operation, and maintenance. WSP was founded in 1885 and is based in Montreal, Quebec.

DEAL STATS #
Overall 21 of 26
Sector (Real Estate) 2 of 2
Type (Divestiture) 4 of 5
Country (United Kingdom) 3 of 4
Year (2022) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-02 Capita Real Estate and Infrastructure

London, United Kingdom

Capita Real Estate and Infrastructure provides specialist advisory, design, engineering, environmental, and project management services for land, building, and infrastructure owners. Capita Real Estate and Infrastructure is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-21 John Wood Group - Environment & Infrastructure business

Aberdeen, United Kingdom

John Wood Group's Environment & Infrastructure business provides engineering, remediation consulting, environmental permitting, inspection, monitoring, and environmental management services to government, industrial, infrastructure, oil and gas, power, water, and mining clients. John Wood Group's Environment & Infrastructure business is based in Aberdeen, United Kingdom.

Buy -

Seller(S) 1

SELLER

Capita

London, United Kingdom

website

Category Company
Founded 1984
Sector Business Services
Employees52,000
Revenue 3.2B GBP (2021)
DESCRIPTION

Capita is a global provider of business process outsourcing solutions. Capita was formed in 1984 and is based in London. Capita was incorporated in 1984 and is headquartered in London, the United Kingdom.

DEAL STATS #
Overall 15 of 20
Sector (Real Estate) 2 of 2
Type (Divestiture) 14 of 19
Country (United Kingdom) 14 of 19
Year (2022) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-02 Capita Real Estate and Infrastructure

London, United Kingdom

Capita Real Estate and Infrastructure provides specialist advisory, design, engineering, environmental, and project management services for land, building, and infrastructure owners. Capita Real Estate and Infrastructure is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-16 Pay360

London, United Kingdom

Pay360 offers its customers gateway and acquiring services and a depth and breadth of payment solutions across the payments value chain, servicing a wide range of public and private sector clients. Pay360 is based in London, United Kingdom.

Sell £150M
Mergr

Product

Company

Legal