WSP Global to Buy TRC Companies for $3.3 Billion, Building a U.S. Power & Energy Leader
December 15, 2025 — WSP Global is making one of its biggest strategic bets yet on the North American energy transition. The Montreal-based professional services firm said it has agreed to acquire U.S.-based TRC Companies in an all-cash transaction valued at US$3.3 billion. The deal is designed to scale WSP’s power-and-utilities business at a moment when grid investment is rising—driven by electrification, aging infrastructure, and the rapid growth of power-hungry data centers. GlobeNewswire+1 If the transaction closes as expected in Q1 2026, WSP says the combined business would become the largest engineering and design firm in the United States by revenue, with roughly 27,000 U.S. employees after adding TRC’s team of around 8,000. GlobeNewswire