Qualus Completes its acquisition of Wood’s North American Transmission and Distribution Engineering Business

John Wood Group plc (“Wood”) has announced that it has completed the sale of its North American Transmission & Distribution engineering business ("North America T&D") to Qualus LLC and 2737813 ALBERTA LTD (together, "Qualus"), as described in the announcement on 29 August 2025, for an enterprise value of $110 million and cash proceeds of approximately $105 million net of transaction costs.

EFCG served as the financial advisor to Qualus on the transaction.

Read the full press release from Wood here.

About Qualus

Qualus is a leading pure-play power solutions firm and innovator at the forefront of power infrastructure transformation, with differentiated capabilities across grid modernization, resiliency, security, and sustainability. The firm partners with utilities, commercial, industrial, data center, and government clients, and renewable and energy storage developers, offering comprehensive solutions through boutique and integrated advisory, planning, engineering, digital solutions, program management, energy efficiency and specialized field services. Qualus also provides software and technology enabled services and develops breakthrough solutions for critical power industry challenges such as distributed and variable resource integration, emergency management, and secure data exchange. The firm has over 1,600 professionals, with offices throughout the U.S. and Canada.

Learn more at www.qualuscorp.com.

About EFCG

Founded in 1990, the Environmental Financial Consulting Group is a global specialized M&A advisor and management consultant to Architecture, Engineering, and Consulting (AEC) firms. Our mission is to provide a strategic edge to AEC firms to advance the industry. For 35+ years and counting, we have served as a retained advisor to 550+ firms, advised on 240+ M&A transactions, and held more than 100 executive conferences.

Learn more at www.efcg.com.