Global professional services consulting firms WSP announced today that it completed the $1.1 billion acquisition of earth science and environmental services-focused engineering and consulting firm Golder Associates.
With the close of the transaction, WSP adds 7,000 people to its workforce, with approximately 14,000 of its 54,000 professionals dedicated to accelerating the world’s green transition, according to the firm. According to WSP, the transaction comes as the world reprioritizes climate change, and among a heightening of public, corporate and financial awareness for global sustainable investment.
WSP stated that the acquisition positions the firm to benefit from the rapidly growing ESG trends driving demand for environmental services, while being the partner of choice to advise clients on achieving their sustainability goals.
Alexandre L’Heureux, President and Chief Executive Officer of WSP said:
“Over the past few months, both WSP and Golder’s leadership teams have been working together to build the foundation necessary to ensure we are unlocking the full potential of our increased scale and broader, deeper range of solutions to tackle key environmental and ESG challenges around the world.”