TRANSACT IONS WSP CONTINUES TO EXPAND IN HIGH GROWTH US DATA CENTRE AND HEALTHCARE MARKETS WSP Global Inc. is pleased to announce that it has acquired kW Mission Critical Engineering , a leading 175-employee engineering firm based in Troy, New York serving the data center market. WSP is also pleased to announce the acquisition of tk1sc , a 240-employee mechanical, electrical and plumbing engineering firm based in Irvine, California. Both transactions will further consolidate WSP’s Property and Buildings business in the complex data center, healthcare, and science and technology markets in the United States. “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 United States while also significantly increasing our presence on the West Coast and providing us a platform to expand our data center capabilities in Europe and Asia,” commented Alexandre L’Heureux, WSP’s President and Chief Executive Officer. “In line with our 2019-2021 Global Strategic Plan, these acquisitions solidify our already strong presence in these complex markets, which will now represent in excess of 65 percent of our Property and Buildings practice in the United States.” 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 and 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 the United States serving healthcare clients and the second largest in laboratory facilities,” said Lou Cornell, president and CEO of WSP USA. “Adding tk1sc solidifies our leadership in both of these markets, while adding kW Mission Critical Engineering will place us in the top five engineering firms serving data center clients.” Commenting on the transaction, kW MCE co- founders Chris Kurkjian and James Warren said: “Combining our mission critical expertise with WSP’s global footprint will allow us to continue our growth plan, offer opportunities to our employees, and better support the expansion goals of our partners and clients.” Also commenting on the transaction in a joint statement, tk1sc CEO Roger Carter and CFO Ray Swartz said, “Becoming a member of WSP is great news for our company and employees. By joining WSP, we will be able to provide additional opportunities for employees to grow, expand our client base and play a key role in further developing WSP’s building sector on the West Coast.” 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 24/7 forever. 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. tk1sc, headquartered in Southern California, is a multi-discipline professional engineering firm with over 240 employees that for the past 40 years has been an integral part of shaping the built environment in the Western United States. Working collaboratively with industry partners, tk1sc is a leader at providing innovative, environmentally appropriate design solutions for technical challenges across a large variety of building types and market sectors. The wide-ranging engineering services that tk1sc provides include mechanical, electrical, plumbing, technology, fire protection, security, lighting, commissioning and energy and sustainability. This comprehensive mix of services allows tk1sc to maximize performance of building systems and indoor environmental quality while minimizing the effect on the environment by conserving energy and water. As one of the world’s leading professional services firms, WSP provides engineering and design services to clients in the transportation and infrastructure, property and buildings, environment, power and 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.
sometimes. But these things are important if you want to keep your people feeling like they still have co-workers and a (work) “place” to call home. So do them! There’s no magic bullet in any of this stuff. But business is not the same and it won’t return to what we used to call “normal.” You just have to do it and adapt – or you will get left behind. It really is that simple. MARK ZWEIG is Zweig Group’s chairman and founder. Contact him at email@example.com. “Zoom coffee sessions and lunches and happy hours can be awkward and feel like a waste of time sometimes. But these things are important if you want to keep your people feeling like they still have co- workers and a (work) ‘place’ to call home.”
MARK ZWEIG, from page 9
well, everyone who is there should benefit. Some firm principals are hell-bent on only sharing the spoils amongst the smallest, high-performing group of individuals they can, thinking that is what being a good manager is all about. But it isn’t. What constitutes being a good manager is having an ENTIRE business that as a whole consistently performs and achieves its goals. Getting everyone sharing in some of the spoils is doubly important when workers are not in the office. It’s another way to tether them to the company. 4)Lots of communication from the direct supervisor. People need to hear often from their managers. Calls, Zoom meetings, and emails all contribute to that. You cannot minimize the importance of this stuff if you want to keep people from feeling they have been forgotten or left behind. And you want to be sure they don’t get critical information through the grapevine. You want to control the messaging and explain the “why” of things to your remote workers. 5)Shared social events. Yes, Zoom coffee sessions and lunches and happy hours can be awkward and feel like a waste of time
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THE ZWEIG LETTER MARCH 29, 2021, ISSUE 1385
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