WSP Acquires LGT and Strengthens Its Building Services Offering in Quebec

MONTREAL, May 03, 2023 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) is pleased to announce the acquisition of LGT Inc. (“lgt”), a Quebec-based building engineering firm. lgt provides advisory services in the areas of mechanical engineering, electricity, sustainable development, structural, and civil engineering. It is also recognized for its cutting-edge expertise involving data centres and critical infrastructure.

By welcoming lgt, WSP is positioning itself as an essential player in the building engineering consulting field in Quebec, as well as in the highly strategic data centre industry. lgt has over 150 employees at offices in Quebec City, Laval, Rimouski, and Sept-Iles.

“WSP is pleased to welcome lgt’s solid team. Together, we have an opportunity to ramp up our presence in Quebec’s building market. We also intend to pool our expertise in the data centre sector while strengthening our capacities in this growing market across Canada,” said Alexandre L’Heureux, President and CEO of WSP Global.

“The acquisition of lgt ties in perfectly with our Canadian strategy and building sector approach. It will also strengthen our service offer, particularly in the education, cultural building, and data centre sectors. We are delighted to bring the benefits of our complementary expertise to our clients in Quebec and across Canada,” added Marie-Claude Dumas, President, and CEO of WSP Canada.

“We are excited by this new adventure. We know our team’s potential, so we are convinced that joining WSP will enable us to fast-track our shared goal of becoming the leader in Quebec’s building engineering sector. Our ambitious entrepreneurial culture and our dynamic workforce will be undeniable assets for the WSP family,” said Moïse Gagné, President of lgt.

ABOUT LGT
Founded in 1998, lgt provides advisory services in the areas of mechanical, electrical, structural, and civil engineering, as well as sustainable development. It is well-established as a key player in Quebec’s consulting engineering sector. Its consulting services exceed expectations thanks to the expertise of its professional staff and its core values of collaboration, integrity, creativity, and agility.

ABOUT WSP
As one of the largest professional services firms in the world, WSP exists to future-proof our cities and our environment. It provides strategic advisory, engineering and design services to clients seeking sustainable solutions in the transportation, infrastructure, environment, building, energy, water, and mining sectors. Its 67,000 trusted professionals are united by the common purpose of creating positive, long-lasting impacts on the communities it serves through a culture of innovation, integrity, and inclusion. In 2022, WSP reported $11.9 B (CAD) in revenue. The Corporation’s shares are listed on the Toronto Stock Exchange (TSX: WSP).