Kingswood-backed Versar buys Louis Berger Services from WSP

• Louis Berger Services is a specialist in operations and maintenance services for infrastructure assets at defense and civilian facilities
• It represents Kingswood’s fifth investment in the government services sector since 2017
• Versar is an engineering, environmental and security services platform

Versar, backed by Kingswood Capital Management, has acquired Louis Berger Services (LBS), a US-based specialist in operations and maintenance services for infrastructure assets at defense and civilian facilities. No financial terms were disclosed.

The seller was WSP Global, a Montreal-based professional services company. WSP acquired the business as part of the Louis Berger deal in 2018.

With headquarters in Washington, DC, Versar is an engineering, environmental and security services platform.

“LBS provides best-in-class logistics services at strategic U.S. Federal Government facilities in foreign countries and domestically as well as for US state and local governments,” said Alex Wolf, managing partner at Kingswood, in a statement. “LBS represents Kingswood’s fifth investment in the government services sector since 2017. The acquisition of LBS is a significant milestone for Versar that fits squarely in our long-term plan to develop and expand Versar’s diversified global services platform.”

Based in Los Angeles, Kingswood is an operationally focused lower mid-market private equity firm.