WSP Pays $329M For Canadian Engineering Firm

Law360, New York (March 12, 2014, 7:55 PM EDT) -- Global professional services firm WSP Global Inc. is buying Alberta-based energy engineering services provider Focus Group Holding Inc. for CA$366 million (US$329 million), the companies announced Wednesday.

La Caisse de Depot et Placement du Quebec is also investing CA$40 million in WSP Global as part of the deal, the pension fund manager said Wednesday.

The acquisition helps WSP, based in Montreal, establish more of a foothold in the western Canada energy market and helps the company move toward its goal of growing its employee ranks to 20,000...
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