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M&A / Property

WSP completes acquisition of TRC

By The Northwire Desk — AI Analysis Feb 24, 2026 · 10:49 WSP · 216.2 WSP GLOBAL INC.
WSP · Price

Executive Summary

  • WSP Global Inc. announced the completion of its previously disclosed acquisition of TRC Companies, creating the largest U.S. power‑and‑energy engineering and design platform by revenue.
  • The transaction aligns with WSP’s 2025‑2027 Global Strategic Action Plan, expanding capabilities in water, infrastructure, environment, and digital solutions, and positions WSP as the #1 Power & Energy firm in the United States.
  • Combined entity now employs roughly 91,000 professionals (≈83,000 WSP + ≈8,000 TRC) and is expected to generate significant synergies and growth opportunities across high‑growth sectors.

Key Details

  • Acquisition Target: TRC Companies (“TRC”), a U.S. power & energy engineering and consulting firm with ~8,000 employees.
  • Strategic Fit: Enhances WSP’s Power & Energy offering; creates the #1 Power & Energy platform in the U.S.; makes WSP the largest U.S. engineering and design firm by revenue.
  • Financial Impact (per ENR data):
  • TRC ranked #17 on ENR Top 500 Design Firms, #5 for Power, #3 for Transmission & Distribution.
  • Pro forma U.S. revenues now place WSP at the top of the sector‑specific rankings.
  • Leadership Comments:
  • Alexandre L’Heureux (President & CEO, WSP) highlighted strengthened market position, expanded capabilities, and integration plans.
  • Christopher P. Vincze (Chairman & CEO, TRC) emphasized legacy, scale benefits, and commitment to smooth integration.
  • Integration Outlook: Integration will be executed “with care and discipline,” targeting cost synergies, cross‑selling opportunities, and enhanced digital service offerings.
  • Employee Base Post‑Acquisition: Approximately 91,000 professionals across >50 countries.

Notable Quotes

“This Acquisition strengthens our leading position in the U.S. and broadens our capabilities across the Power & Energy value chain… Together, we are better positioned to pursue opportunities in high‑growth areas.” – Alexandre L’Heureux, President & CEO, 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…” – Christopher P. Vincze, Chairman & CEO, TRC

Read the original news release →

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