M&A Deal Summary

Versar Acquires Louis Berger Services

On August 7, 2023, Versar acquired engineering company Louis Berger Services from WSP

Acquisition Highlights
  • This is Versar’s 1st transaction in the Engineering sector.
  • This is Versar’s 5th transaction in the United States.
  • This is Versar’s 2nd transaction in District of Columbia.

M&A Deal Summary
Date 2023-08-07
Target Louis Berger Services
Sector Engineering
Buyer(s) Versar
Sellers(s) WSP
Deal Type Divestiture

Target

Louis Berger Services

Washington, District of Columbia, United States
Louis Berger Services is an international professional services firm mainly active in the transportation, infrastructure, environmental, and water sectors, as well as in master planning. LBS specializes in operations and maintenance services for complex infrastructure assets at mission-essential defense and civilian facilities worldwide. Louis Berger Services was formed in 1953 and is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Versar

Washington, District of Columbia, United States
Category Company
Founded 1969
Sector Business Services
Revenue 159M USD (2015)
DESCRIPTION

Versar is a project management company providing sustainable value-oriented solutions to government and commercial clients in the construction management, environmental services, and professional services market areas. Versar was founded in 1969 and is based in Washington, District of Columbia.

DEAL STATS #
Overall 5 of 5
Sector (Engineering) 1 of 1
Type (Divestiture) 3 of 3
State (District of Columbia) 2 of 2
Country (United States) 5 of 5
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-23 Black & Veatch Environmental Services Business

Overland Park, Kansas, United States

Black & Veatch Environmental Services Business provides a range of services such as remediation, investigation, assessment, and design for the Environmental Protection Agency ("EPA"), the U.S. Army Corps of Engineers ("USACE"), and other Federal government agencies. The company partners dedicated environmental consultants and scientists with industry-recognized engineering and construction teams. This collaboration enables better navigation of changing regulations and shifting stakeholder expectations while keeping your project, regardless of scale or location, on schedule. In addition, it helps in realizing the benefits of deploying reliable, sustainable technologies that enable better measurement and reporting through easy-to-implement digital asset management platforms.

Buy -

Seller(S) 1

SELLER

WSP

Montreal, Quebec, Canada
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 1 of 1
Sector (Engineering) 1 of 1
Type (Divestiture) 1 of 1
State (District of Columbia) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-31 BG Consulting Engineers

Lausanne, Switzerland

BG Consulting Engineers is an engineering consulting firm that provides strategic advisory, engineering, and design services in the following sectors: transportation infrastructure and mobility, private real estate and public buildings, water and environment, and energy. Driven by innovation and high-performance standards, BG professionals are partnering with their public and private customers to anticipate their needs and create advanced, achievable solutions throughout the entire project life cycle. Balancing human and environmental impact and deploying transversal approaches, BG is proactively addressing climate change and urbanization to support local communities and regions. BG Consulting Engineers was formed in 1954 and is based in Lausanne, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-21 Communica

Calgary, Alberta, Canada

Communica specializes in Indigenous and stakeholder regulatory engagement services and software. It facilitates effective engagement and fosters respectful, productive dialogues between organizations and their community stakeholders by holding meetings with Indigenous communities, stakeholders, and community events. Communica was formed in 2002 and is based in Calgary, Alberta.

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