WSP Global closes TRC acquisition

Executive Summary

• WSP Global Inc. has officially completed its acquisition of TRC Companies, a major U.S. engineering and consulting firm.
• The transaction establishes WSP as the No. 1 power and energy platform in the United States and the country's largest engineering and design firm by revenue.
• The acquisition aligns with WSP’s 2025-2027 strategic plan, significantly expanding capabilities in water, infrastructure, environment, and digital solutions.

Key Details

• Transaction Status: Completion of the previously announced acquisition of TRC Companies.
• Target Profile: TRC Companies is a premier U.S. power and energy brand with over 55 years of history, employing approximately 8,000 professionals.
• Strategic Impact:
  • Creates the No. 1 power and energy platform in the United States.
  • Makes WSP the largest engineering and design firm in the U.S. by revenue.
  • Enhances capabilities in high-growth areas: water, infrastructure, environment, and digital solutions.
• Integration Goals: Combining advisory, engineering, and program management expertise to create an integrated platform for complex infrastructure programs from planning through execution.
• TRC Rankings: Ranked No. 17 on ENR’s top-500 design firms, No. 5 for power, and No. 3 for transmission and distribution.

Notable Quotes

• Alexandre L'Heureux, President and CEO of WSP: "Today, we officially welcome TRC to WSP. This acquisition strengthens our leading position in the U.S. and broadens our capabilities across the power and energy value chain at a time of accelerating demand for reliable and resilient energy systems... Together, we are better positioned to pursue opportunities in high-growth areas and deliver more comprehensive solutions to our clients."
• Christopher P. Vincze, Chairman and CEO of TRC: "This milestone marks an exciting new chapter for TRC as we join WSP... Joining WSP allows us to build on this legacy at greater scale -- increasing opportunities for our people, expanding the capabilities we can offer our clients and accelerating our ability to shape more resilient infrastructure."