WSP Global Inc.
TSX : WSP

WSP Global Inc.

November 06, 2014 10:06 ET

WSP Expands its Service Offering in the Buildings Segment in the United States by Acquiring ccrd

MONTREAL, QUEBEC--(Marketwired - Nov. 6, 2014) - WSP Global Inc. (TSX:WSP) ("WSP" or the "Corporation") is pleased to announce the acquisition of Texas Energy Engineers, Inc. doing business as ccrd ("ccrd"), an engineering firm of 200 people headquartered in Houston, Texas. ccrd is a well-established and recognized leading building systems provider with a strong market position in the healthcare and science & technology sectors. The firm has broad expertise in the design of building systems, energy management, central plant/utility center systems operation, low voltage systems and fire engineering.

"This acquisition is fantastic news for both of our firms, our clients and our people," commented David Cooper, WSP's President and CEO for the United States. "It significantly advances our strategic objective of expanding the market sectors and geographies we serve in order to become the leading integrated buildings engineering practice across the United States".

Steve Burrows, WSP's Director of Buildings in the United States said "ccrd complements our service offering in the buildings segment, enabling us to add technical expertise in the healthcare and science & technology markets, as well as increasing our geographic footprint to serve clients better in all our locations across the U.S."

Richard Rome, PE, CEO of ccrd, added "We are pleased to be joining the WSP family since both our firms share the same culture of technical excellence and client service. The potential for us to serve more clients in more sectors and markets is enormous, as is our increased ability to provide integrated engineering solutions. It's a win-win for our staff and our clients".

ccrd has been involved in many significant healthcare projects over many years, including the Phoenix Children's Hospital in Phoenix, Arizona; the Baylor Cancer Center in Dallas, Texas; the Children's Health System in Birmingham, Alabama; and the Dell Children's Medical Center of Central Texas in Austin, Texas. ccrd has also been involved in a diverse range of building projects in the Middle East, such as the King Fahad Medical City Cancer and Neurology Center or the Batterjee Medical College expansion in Saudi Arabia.

ABOUT CCRD

Established in 1980, ccrd is a leading MEP (mechanical, electrical and plumbing) engineering and commissioning firm with a focus on providing innovative and technically advanced engineering and energy solutions for complex facilities. Over the years, ccrd has built a solid reputation for MEP systems design and commissioning. It is known for innovative, cost-effective mechanical engineering, electrical engineering and plumbing engineering solutions, but best known for its healthcare, laboratory and research facilities. The firm also has extensive experience designing aviation facilities, institutional buildings, critical facilities and corporate headquarters. ccrd has offices in Austin, Dallas, Denver, Houston, Kansas City, Miami, Nashville, Phoenix, Richmond and Washington, D.C.

ABOUT WSP

WSP, through its acquisition of Parsons Brinckerhoff, is one of the world's leading professional services firms in its industry, working with governments, businesses, architects and planners and providing integrated solutions across many disciplines. The firm provides services to transform the built environment and restore the natural environment, and its expertise ranges from environmental remediation to urban planning, from engineering iconic buildings to designing sustainable transport networks, and from developing the energy sources of the future to enabling new ways of extracting essential resources. It has approximately 31,500 employees, including engineers, technicians, scientists, architects, planners, surveyors environmental specialists, as well as other design, program and construction management professionals, based in more than 500 offices, across 39 countries, on 5 continents. WSP, including Parsons Brinckerhoff, had pro forma revenues of $4.5 billion for the 12 months ended December 31, 2013. www.wspgroup.com.

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