MONTREAL – WSP Global says it’s focusing on growth over the next three years as it comes off a spate of acquisitions.
In its 2025-2027 strategic plan released Wednesday evening, the firm’s chief executive Alexandre L’Heureux said it expects to exceed its previous financial targets and sees its revenues rising by 40 per cent.
WSP has been eyeing larger acquisitions since last summer, after working to integrate its sprawling operations as it snapped up smaller companies over the preceding two years.
In October, it completed its acquisition of Power Engineers Inc., an Idaho-based consulting firm with a focus on energy and 4,000 employees across the continent.
Following a spate of takeovers, WSP worked last year to scrap digital barriers between offices scattered across 60 countries.
At least three-quarters of the firm now operates on a single software platform — known as an enterprise resource planning system — reducing inefficiencies that emerged as 15 more companies came under the WSP umbrella between 2022 and mid-2024.
The buying streak included four smaller consulting firms last year that added more than 800 employees to its headcount, which now stands at about 73,000, according to the company.
L’Heureux has said he sees opportunities for growth in continental Europe, Australia and the United States.
This report by The Canadian Press was first published Feb. 12, 2025.
Companies in this story: (TSX:WSP)
