M&A Deal Summary

WSP Acquires AKF

On May 1, 2024, WSP acquired engineering company AKF

Acquisition Highlights
  • This is WSP’s 15th transaction in the Engineering sector.
  • This is WSP’s 6th transaction in the United States.
  • This is WSP’s 2nd transaction in New York.

M&A Deal Summary

Date 2024-05-01
Target AKF
Sector Engineering
Buyer(s) WSP
Deal Type Add-on Acquisition

Target

AKF

New York, New York, United States
AKF is a provider of integrated engineering services for the built environment. AKF offers a full range of professional services, including mechanical, electrical, plumbing, and fire protection engineering; commissioning; code consulting; lighting design; and technology systems design. Its extensive project portfolio covers a wide variety of sectors, such as corporate, cultural, healthcare, K-12 and higher education, hospitality, residential, retail, science and technology. AKF was founded in 1989 and is based in New York City.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

WSP

Montreal, Quebec, Canada

Category Company
Founded 1885
Sector Business Services
Employees73,000
Revenue 16.2B CAD (2024)
DESCRIPTION

WSP Global is a professional services firm providing engineering and design services as well as consultancy services across various sectors. WSP 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. WSP was founded in 1885 and is based in Montreal, Quebec.


DEAL STATS #
Overall 28 of 31
Sector: Engineering M&A 15 of 15
Type: Add-on Acquisition M&A Deals 23 of 26
State: New York M&A 2 of 2
Country: United States M&A 6 of 7
Year: 2024 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-09 1A Ingenieros

Valladolid, Spain

1A Ingenieros is an engineering company. The company has five main delegations and carries out its activity in the areas of renewable energy, electricity distribution and transportation, sustainable mobility, the industrial sector, and the environment. 1A Ingenieros has a wide network of clients, among which important companies in the energy sector and industrial multinationals in the automotive sector stand out. 1A Ingenieros is based in Valladolid, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-12 Power Engineers

Hailey, Idaho, United States

Power Engineers is an engineering and environmental consulting firm specializing in integrated solutions for clients in the power delivery, power generation, food and beverage, government, renewables and storage, campus energy, chemicals, and oil and gas industries. Power Engineers was founded in 1976 and is based in Hailey, Idaho.

Buy -