M&A Deal Summary

WSP Acquires Power Engineers

On August 12, 2024, WSP acquired energy services and equipment company Power Engineers

Acquisition Highlights
  • This is WSP’s 1st transaction in the Energy Services and Equipment sector.
  • This is WSP’s 7th transaction in the United States.
  • This is WSP’s 1st transaction in Idaho.

M&A Deal Summary
Date 2024-08-12
Target Power Engineers
Sector Energy Services and Equipment
Buyer(s) WSP
Deal Type Add-on Acquisition

Target

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.

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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 29 of 29
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 24 of 24
State (Idaho) 1 of 1
Country (United States) 7 of 7
Year (2024) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-01 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.

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