NEWPORT BEACH, CA – Meritage Partners, Inc. (“Meritage Partners”), a leading, boutique, middle-market mergers and acquisitions advisory, is pleased to announce the successful sale of Englekirk (“Englekirk”) to globally-recognized professional services firm WSP (TSX:WSP). The transaction closed on October 1, 2021.
Commenting on the transaction, Englekirk Principal Tony Ghodsi said: “Becoming a member of WSP is great news for our company and employees. As part of WSP – a leading engineering firm – we will be able to quickly leverage a vast national and international network of experts and resources for the benefit of our clients. We are proud to join a team that shares our commitment to focusing on client needs and driving innovation.”
For WSP, this latest acquisition adds significant capabilities in structural engineering for the buildings sector, with expertise designing structures in high-seismic regions, while growing WSP’s structural engineering practice on the West Coast.
“This transaction helps WSP deliver on its strategic ambitions and growth strategies in the U.S.,” added Lou Cornell, President and CEO of WSP USA. “Combined with our recent acquisition of tk1sc, Englekirk offers our Property & Buildings team on the West Coast of the U.S greater resources, expertise and opportunities to deliver our clients’ projects.”
Meritage Partners was retained as Englekirk’s exclusive M&A advisor and investment banker. The transaction was led by Brian T. Franco, Founder and Managing Partner.
Englekirk provides consulting structural engineering design services for projects in the Private Sector which include Hospitality, Residential, Mixed Use, Retail, and Office Buildings and the Public Sector which include K-12 and Higher Education, Historic Preservation, Healthcare, Essential Services, Libraries, Museums and Wind Engineering.
Englekirk is proficient in new construction and seismic rehabilitation utilizing innovative design in all types of structures. Through this experience, Englekirk has made numerous contributions to the innovative use of concrete, masonry, steel, and wood.
About Meritage Partners
Based in Newport Beach, California, Meritage Partners is a mergers and acquisitions advisory firm serving SMBs in a variety of industries throughout North America. Its advisors are made up of accomplished and experienced entrepreneurs with over 130 years of collective experience. Meritage’s team has advised on over $2.0 billion of successful M&A transactions with private equity firms, high net-worth individuals, and public companies.
For additional information, please visit meritage-partners.com or submit an inquiry to firstname.lastname@example.org.