WSP, a professional services firm providing engineering, advisory, and science-based solutions, announced it has agreed to acquire TRC Companies for a total cash purchase price of $3.3 billion. The transaction, currently subject to regulatory approvals, is expected to close in the first quarter of 2026. TRC, headquartered in Windsor, Connecticut, delivers end-to-end solutions across power, energy, environmental, and infrastructure markets. The acquisition aligns with WSP’s 2025–2027 Strategic Action Plan and is expected to significantly strengthen its U.S. presence, positioning the firm as the largest engineering and design company in the country while expanding capabilities across Power and Energy, Water, Infrastructure, and Environment.
Commenting on the deal, WSP President and CEO Alexandre L’Heureux said, “The proposed acquisition of TRC is a defining moment in the execution of WSP’s 2025–2027 Strategic Plan. Joining forces will position our business for accelerated organic growth and create an integrated platform with industry-leading capabilities in advisory, engineering, and program management.” TRC Chairman and CEO Christopher P. Vincze said the combination of the two firms will open meaningful new opportunities for employees, clients, and the communities they support. The deal will be funded through committed acquisition financing and an approximately $850 million equity raise, with WSP expecting earnings accretion and cost synergies of more than 3% of TRC’s net revenues.
