WSP closes $366 mln acquisition of PE-backed Focus
WSP Global Inc (TSX: WSP) has completed its previously announced purchase of Focus Group, a Calgary-based engineering and geomatics business serving the energy industry. The deal, valued at $366 million, was supported by an $86 million investment from WSP's minority investors the Caisse de dépôt et placement du Québec and Canada Pension Plan Investment Board (CPPIB). Focus was sold by U.S. private equity firm KRG Capital Partners, which acquired the company in 2005. WSP has its headquarters in Montréal.
11 April 2014•3 mins read
