WSP Global to acquire TRC Companie from Warburg Pincus for USD3.3bn.

WSP Global, a provider of strategic advisory, engineering and design services, agreed to acquire TRC Companies, a provider of consulting, engineering, and construction management services, from Warburg Pincus, a private equity firm, for USD3.3bn. “The proposed Acquisition of TRC is a defining moment in the execution of WSP’s 2025-2027 Strategic Plan. Building on our track record of excellence and compounding financial performance, this strategic move will cement WSP as the Power & Energy consulting leader in the US and globally. 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. With TRC's highly complementary expertise in power delivery, transmission, distribution, and advisory services, our combined offering will cover the entire utility and infrastructure value chain. Together, we are poised to deliver more complex projects and offer expanded end-to-end services to help solve our clients’ critical needs, from aging infrastructure to grid modernization and electrification,” Alexandre L’Heureux, WSP President and Chief Executive Officer.