WSP to Acquire Power Engineers Setting a Milestone for Accelerated Growth
Benzinga
AUGUST 12, 2024
WSP expects 2026 Accretion 3 (as defined below) to be in mid-single digits once cost synergies are fully realized. 5 Expected cost synergies of a minimum of approximately US$25 million are expected to be achieved by the end of 2026, with 50% expected to be realized in 2025. Acquisition price represents 15.2x post-synergies.
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