WSP Global’s $1.810 Billion Acquisition of Environment & Infrastructure Business of John Wood Group

Linklaters, Stikeman Elliott and Skadden, Arps, Slate, Meagher & Flom advised WSP on the deal. Paul, Weiss, Rifkind, Wharton & Garrison advised John Wood, advised by Slaughter and May.

WSP Global Inc. (TSX:WSP) has entered into a definitive agreement to acquire the Environment & Infrastructure business (“E&I”) of John Wood Group plc (“Wood”) for aggregate cash consideration of US$1.810 billion, including the net present value of US$200 million derived from a transaction related tax benefit.

As one of the world’s leading professional services firms, WSP exists to future-proof our cities and environment. It provides strategic advisory, engineering, and design services to clients in the transportation, infrastructure, environment, building, power, energy, water, mining, and resources sectors. 

E&I was formed through various acquisitions under Amec and Foster Wheeler (subsequently “Amec Foster Wheeler”) between 2008 and 2014 and was later acquired through Wood’s purchase of Amec Foster Wheeler. E&I provides engineering, remediation consulting, environmental permitting, inspection & monitoring, and environmental management services to clients in the government, industrial, infrastructure, oil & gas, power, water and mining industries.

Perella Weinberg Partners LP acted as exclusive financial advisor to WSP on the transaction. 

The Skadden team included M&A partner Jon Hlafter (Picture; New York) and M&A associate Katey Peardon (New York); CFIUS and National Security partner Michael E. Leiter (Washington, D.C.); Antitrust/Competition partner Steven Sunshine (Washington, D.C.); Litigation partner Bradley Klein (Washington, D.C.); and Executive Compensation and Benefits partner Joseph Penko (New York).

The Paul, Weiss team included corporate partners Laura Turano, Krishna Veeraraghavan and David Huntington; executive compensation partner Jarrett Hoffman; tax partner Robert Holo; litigation partners Joshua Soven and Jaren Janghorbani; intellectual property partner Jonathan Ashtor; international trade counsel Richard Elliott; and antitrust counsel Yuni Sobel.

Slaughter and May’s team included Paul Dickson (Picture) Partner, Simon Nicholls, Partner, Valerie Kemp, Associate, Julian Ried, Associate, Thomas Whitney, Associate, Heather Broadbent, Associate, Ritish Desai, Associate, Jodhi Taylor, Associate, Amelia Tai, Trainee, Raghad Al-Lawati, Trainee, Oliver Smith, Trainee, Mira Motana, Trainee.

Involved fees earner: Jonathan Ashtor – Paul Weiss Rifkind Wharton & Garrison; Richard Elliott – Paul Weiss Rifkind Wharton & Garrison; Jarrett Hoffman – Paul Weiss Rifkind Wharton & Garrison; Robert Holo – Paul Weiss Rifkind Wharton & Garrison; David Huntington – Paul Weiss Rifkind Wharton & Garrison; Jaren Janghorbani – Paul Weiss Rifkind Wharton & Garrison; Yuni Sobel – Paul Weiss Rifkind Wharton & Garrison; Joshua Soven – Paul Weiss Rifkind Wharton & Garrison; Laura Turano – Paul Weiss Rifkind Wharton & Garrison; Krishna Veeraraghavan – Paul Weiss Rifkind Wharton & Garrison; Jon Hlafter – Skadden; Michael Leiter – Skadden; Katey Peardon – Skadden; Joseph Penko – Skadden; Steven Sunshine – Skadden; Simon Bartle – Slaughter and May; Heather Broadbent – Slaughter and May; Ritish Desai – Slaughter and May; Paul Dickson – Slaughter and May; Saffiya Haddad – Slaughter and May; Laura Houston – Slaughter and May; Tom Inker – Slaughter and May; Valerie Kemp – Slaughter and May; Mike Lane – Slaughter and May; Bertrand Louveaux – Slaughter and May; Daniel Malone – Slaughter and May; Richard McDonnell – Slaughter and May; Amy Motherwell – Slaughter and May; Simon Nicholls – Slaughter and May; Oliver Noble – Slaughter and May; Lorna Nsoatabe – Slaughter and May; Gregory Ong – Slaughter and May; Julian Ried – Slaughter and May; Sophia Russell – Slaughter and May; Daniel Schaffer – Slaughter and May; Jodhi Taylor – Slaughter and May; Matthew Tobin – Slaughter and May; Richard Todd – Slaughter and May; Thomas Whitney – Slaughter and May;

Law Firms: Paul Weiss Rifkind Wharton & Garrison; Skadden; Slaughter and May;

Clients: Wood Group; WSP Global Inc.;