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WSP to acquire GCM Corpo, expanding its energy platform in Canada
The deal adds about 600 professionals and is expected to close in Q4 2026, pending regulatory approval and other customary conditions.
On Thursday, October 1, 2026, WSP Global Inc. announced an agreement to acquire GCM Corpo Inc., a Canadian engineering consulting firm specializing in energy and industrial sector services.
WSP CEO Alexandre L'Heureux stated the transaction reflects confidence in Canada's long-term potential as a leader in energy, industrial, and mining sectors, aligning with WSP's 2025-2027 Global Strategic Action Plan.
GCM Corpo employs approximately 600 professionals across Quebec, Western Canada, and Atlantic Canada, operating six subsidiaries providing specialized services including construction management, industrial IT, and environmental consulting.
Part of the payment to sellers, including Fonds de solidarité FTQ, will involve WSP common shares, with GCM Corpo President Jonathan Clément saying the deal delivers "even greater value" to clients.
WSP has received conditional approval from the Toronto Stock Exchange regarding common shares issued for the acquisition, expected to close in the fourth quarter of 2026 pending regulatory approval.