WSP Global Completes Acquisition of TRC Companies

December 15, 2025

WSP Global Inc. has completed its previously announced acquisition of TRC Companies, a U.S. engineering and consulting firm focused on power and energy solutions, for an all-cash deal valued at about US$3.3 billion (reported as ~US$4.5 billion in some coverage). The acquisition adds roughly 8,000 TRC professionals and expands WSP’s Power & Energy platform across the full infrastructure lifecycle, including engineering, advisory, program management, water, environment, and digital solutions.

Targets
TRC Companies
Sellers
Warburg Pincus LLC
Location
Connecticut, United States
Transaction Type
Buyout

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