WSP Completes Acquisition of TRC Companies

MONTREAL, Feb. 24, 2026 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world’s leading professional services firms, proudly completes its previously announced acquisition of TRC Companies (“TRC”), a premier U.S. Power & Energy brand delivering end-to-end solutions that support the full infrastructure lifecycle (the “Acquisition”). With more than 55 years of history, TRC and its team of approximately 8,000 professionals have established the company as a leader and trusted strategic advisor in the engineering and consulting industry.

WSP Global Inc. has successfully finalized its acquisition of TRC Companies, Inc., a leading provider of consulting services in engineering, environmental, and construction. This strategic merger aims to enhance WSP's ability to provide innovative solutions and strengthen its position within the market.

The acquisition of TRC, valued at approximately $1.3 billion, allows WSP to integrate TRC’s extensive capabilities in environmental services and infrastructure. This is seen as a significant step forward in expanding WSP’s operational footprint across various sectors, including energy and water resources.

WSP’s CEO has expressed enthusiasm about the merger, stating that it will result in a more comprehensive service offering for clients, helping to meet increasing demands for sustainability and infrastructure development. TRC’s 5,000 employees are expected to join WSP, enhancing the company’s talent pool and technical expertise.

The deal reflects WSP’s ongoing strategy of acquiring companies that complement its service portfolio and provide opportunities for growth in high-demand areas. As the infrastructure needs grow globally, WSP is positioning itself to be a leader in addressing these challenges.

The transaction was financed through a combination of cash on hand and existing credit facilities, indicating WSP’s solid financial foundation. The company emphasized its commitment to maintaining TRC's existing operations and culture, ensuring a smooth transition and continuity for clients.

The integration process is set to begin immediately, with WSP outlining plans for an efficient assimilation of services and staff. Both companies' leadership teams will work closely to ensure that the goals of the acquisition are met swiftly and effectively. This merger is anticipated to yield significant synergies, enhancing operational efficiencies and expanding the client base.

Overall, this acquisition is anticipated to bolster WSP's capabilities in the environmental consulting sector and further solidify its reputation as a robust player in the global consultancy market.