WSP Global Inc. (WSP) announced that it has completed the acquisition of Ecology and Environment Inc. (E&E), a US-headquartered environmental consulting firm that provides professional services to governments and private customers worldwide.

The purchase price payable in connection with the acquisition was approximately US$ 65 million, plus a special dividend of approximately US$ 2.2 million. It was paid in cash and was financed using WSP’s available cash and credit facilities.

E & E has approximately 775 employees, predominantly in offices across the United States, with an additional presence in Latin America. With its US operations representing approximately 80% of its 2019 US$ 72.7 million in net revenues, E & E’s portfolio includes work on the New York State Offshore Wind Master Plan, Climate Change Adaptation Planning in San Mateo County, California, and work on large federal programs with agencies including the US Environmental Protection Agency and the US Army Corps of Engineers.