WSP completes acquisition of TRC

Core Viewpoint - WSP Global Inc. has successfully completed the acquisition of TRC Companies, enhancing its position in the Power & Energy sector and creating the largest engineering and design firm in the U.S. by revenue [1][2][3] Company Overview - WSP is a leading professional services firm with a global presence, operating in over 50 countries and employing approximately 83,000 professionals [6] - TRC, with a history of over 55 years, has around 8,000 professionals and is recognized as a leader in engineering and consulting [1][5] Strategic Alignment - The acquisition aligns with WSP's 2025-2027 Global Strategic Action Plan, significantly boosting its Power & Energy offerings and capabilities in high-growth areas such as water, infrastructure, environment, and digital solutions [2][3] - The integration of TRC's expertise in advisory, engineering, and program management is expected to create a more comprehensive platform for complex infrastructure programs [3] Market Position - With the acquisition, WSP establishes the 1 Power & Energy platform in the U.S. and becomes the largest engineering and design firm by revenue [2][3] - TRC's strong client relationships and sector knowledge are anticipated to enhance WSP's reach and impact in the market [3][4] Future Prospects - The combined entity is well-positioned to pursue opportunities in high-growth areas and deliver more integrated solutions to clients [3][4] - The acquisition is expected to increase opportunities for employees and expand the capabilities offered to clients, contributing to more resilient infrastructure [4]