Bullboard - Stock Discussion Forum WSP Global Inc T.WSP

Alternate Symbol(s): WSPOF

Industrials Conglomerates

WSP Global Inc. is a Canada-based professional services firm. The Company provides strategic advisory, engineering and design services to clients seeking sustainable solutions in the transportation, infrastructure, environment, building, energy, water and mining sectors. It also offers highly specialized services in project and program delivery and advisory services. Its segments include Canada... see more

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TSX:WSP - Post Discussion

WSP Global Inc > Nice Acquisition

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Post by retiredcf on Dec 03, 2020 11:57am

Nice Acquisition

Strategic Environment platform uniquely positioned to capitalize on ESG trends and the related US$1.25 trillion Environmental market .
Earth sciences and Environmental consulting services to represent 25% or $2 billion of WSP ’s total $8 billion pro forma net revenues, achieving a key milestone of its 2019- 2021 Global Strategic Plan.
Enhances proportion of net revenues from strategic advisory services to approximately half of WSP’s total net revenues.
Immediately increase s adjusted EBITDA margin (pre-synergies) toward the higher end of its 2021 strategic ambitions .
Highly complementary service offering and customer base provides significant cross-selling opportunities across all of WSP’s end-markets .
Establish es long - term relationships with GIC, one of the world’s largest sovereign wealth funds with an established global network , and British Columbia Investment Management Corporation, one of Canada's largest institutional investors .
Transaction o verwhelmingly supported by Golder ’s Partners .