M&A Deal Summary

WSP Acquires Caravel Investments

On June 30, 2015, WSP acquired engineering company Caravel Investments

Acquisition Highlights
  • This is WSP’s 7th transaction in the Engineering sector.
  • This is WSP’s 2nd transaction in Canada.
  • This is WSP’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2015-06-30
Target Caravel Investments
Sector Engineering
Buyer(s) WSP
Deal Type Add-on Acquisition

Target

Caravel Investments

Richmond, British Columbia, Canada
Caravel Investments Ltd. (Levelton) is a consulting engineering firm based in British Columbia and Alberta, Levelton provides a diverse range of specialized engineering solutions in the areas of environment, geotechnical, building science and materials engineering and testing.

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Buyer(S) 1

Buyer

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 10 of 29
Sector (Engineering) 7 of 15
Type (Add-on Acquisition) 8 of 24
State (British Columbia) 1 of 1
Country (Canada) 2 of 4
Year (2015) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-30 Faveo Management AS

Oslo, Norway

Faveo Management AS is a project management firm based in Norway and Sweden. Faveo provides project management services and associated specialist services in the areas of infrastructure and energy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-25 MMM Group

Thornhill, Ontario, Canada

MMM Group Limited is a multidisciplinary consulting firm creating vibrant and healthy communities through innovative planning, engineering, geomatics, and project management services.

Buy $425M
Mergr

Product

Company

Legal