“Welcoming kW Mission Critical Engineering and tk1sc into the WSP family further expands our building sector capabilities in the high growth data center, healthcare and science + technology markets in
The acquisitions reflect WSP’s focus on growing markets that will continue to have a profound impact on our society globally. Demands for healthcare, science + technology, and data center facilities have been on an upward trajectory for many years. The positive outlook for the data center market has been accelerated as a result of the pandemic, with business closures and stay-at-home orders around the world fueling an increase in streaming services, digital communication and workplace coordination technologies, among others.
“We have been committed to growing these complex markets for several years, resulting in our position as the largest engineering firm in
Commenting on the transaction, kW MCE co-founders
Also commenting on the transaction in a joint statement, tk1sc CEO
ABOUT KW MISSION CRITICAL ENGINEERING
Launched in 2012, kW MCE is dedicated to engineering data centers and buildings with a continuous uptime requirement. The high-performance consulting firm offers comprehensive mechanical, electrical, plumbing, fire protection, controls, telecommunications, and security system design for buildings that operate 7x24xforever. From strategic campus master planning, to specialized system design, and multi-phase building assessments, kW MCE provides expertise on critical power and cooling infrastructure decisions to meet clients’ operational demands—all with an emphasis on budget, schedule, and risk.
ABOUT tk1sc
tk1sc, headquartered in
ABOUT WSP
As one of the world’s leading professional services firms, WSP provides engineering and design services to clients in the Transportation & Infrastructure, Property & Buildings, Environment, Power & Energy, Resources and Industry sectors, as well as offering strategic advisory services. WSP's global experts include engineers, advisors, technicians, scientists, architects, planners, environmental specialists and surveyors, in addition to other design, program and construction management professionals. Our talented people are well positioned to deliver successful and sustainable projects, wherever clients need us. For more information about WSP, please visit wsp.com.
FORWARD-LOOKING STATEMENTS
Certain information regarding WSP contained herein may constitute forward-looking statements. Forward-looking statements may include estimates, plans, objectives, expectations, opinions, forecasts, projections, guidance, outlook or other statements that are not statements of fact, including statements regarding the sufficiency of WSP’s liquidity and working capital requirements for the foreseeable future. Forward-looking statements made by the Corporation in this press release are based on a number of assumptions believed by the Corporation to be reasonable as at
Although WSP believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements, including risks relating to the COVID-19 pandemic. WSP's forward-looking statements are expressly qualified in their entirety by this cautionary statement. The complete version of the cautionary note regarding forward-looking statements risk factors, which, if realized, could cause the Corporation's actual results to differ materially from those expressed or implied in forward-looking statements, are included in the amended Management’s Discussion and Analysis for the year ended
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Chief Financial Officer
alain.michaud@wsp.com
Phone: 438-843-7317
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