M&A Deal Summary

WSP Acquires Ricardo

On June 11, 2025, WSP acquired business services company Ricardo from Science Group for 363M GBP

Acquisition Highlights
  • This is WSP’s 9th transaction in the Business Services sector.
  • This is WSP’s largest (disclosed) transaction.
  • This is WSP’s 6th transaction in the United Kingdom.

M&A Deal Summary

Date 2025-06-11
Target Ricardo
Sector Business Services
Buyer(s) WSP
Sellers(s) Science Group
Deal Type Add-on Acquisition
Deal Value 363M GBP

Target

Ricardo

Shoreham-by-Sea, United Kingdom
Ricardo is a strategic engineering and environmental consultancy that specializes in the transport, energy, and scarce resources sectors. Its work extends across a range of market sectors including passenger cars, commercial vehicles, rail, defense, motorsport, energy, and environment, and possesses a client list that includes transport operators, manufacturers, energy companies, financial institutions, and government agencies. Ricardo was founded in 1915 and is based in Shoreham-by-Sea, England.

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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 31 of 31
Sector: Business Services M&A 9 of 9
Type: Add-on Acquisition M&A Deals 26 of 26
Country: United Kingdom M&A 6 of 6
Year: 2025 M&A 2 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-02 Lexica

United Kingdom

Lexica is a consulting firm specializing in healthcare and life sciences.

Buy -

Seller(S) 1

SELLER

Science Group

Cambridge, United Kingdom

Category Company
Founded 2008
Sector Business Services
Employees541
Revenue 111M GBP (2024)
DESCRIPTION

Science Group is a provider of independent advisory and advanced product development services focused on science and technology initiatives. Company specialist companies, Sagentia, Oakland Innovation, OTM Consulting, and Leatherhead Food Research, collaborate closely with their clients in key vertical markets to deliver clear returns on technology and R&D investments. Science Group was founded in 2008 and is based in Cambridge, England.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-27 Ricardo

Shoreham-by-Sea, United Kingdom

Ricardo is a strategic engineering and environmental consultancy that specializes in the transport, energy, and scarce resources sectors. Its work extends across a range of market sectors including passenger cars, commercial vehicles, rail, defense, motorsport, energy, and environment, and possesses a client list that includes transport operators, manufacturers, energy companies, financial institutions, and government agencies. Ricardo was founded in 1915 and is based in Shoreham-by-Sea, England.

Buy -