Mergers & Acquisitions

TRC Acquired by WSP Global

6858 TRC NT

M&A Engagement Overview

Industry Group: Energy, Power & Infrastructure
Areas of Focus: Consulting, Remediation, and Testing; Engineering; Environmental Services; Utility Services

Harris Williams advised TRC, a portfolio company of Warburg Pincus LLC, on their sale to WSP Global. TRC is a leading global provider of advisory, consulting, construction, engineering, and management services supporting critical infrastructure.

The engineering sector is a key focus area for investors, driven by robust funding streams and favorable macroeconomic trends that are fueling sustained growth and increased capital allocation across the space. The sector is being propelled by global megatrends that are mission-critical for communities—aging infrastructure, energy transition and electrification, grid hardening, and modernization.

TRC has established themselves as a leader and recognized strategic advisor in the engineering and consulting industry, maintaining deep, long-term relationships with blue-chip utilities. Their team of approximately 8,000 employees offers an integrated approach that delivers long-term value for clients facing complex infrastructure and energy challenges.

TRC’s partnership with WSP complements WSP’s offering in attractive market sectors, expands their client relationships, and enhances their capabilities throughout the project lifecycle, notably with a portfolio of advisory practices tailored to utilities and program management expertise. It also creates extensive cross-selling opportunities across power engineering, environmental solutions, and advisory services.

At the same time, TRC brings a shared commitment to innovation and operational excellence, with investments in digital solutions and a highly skilled workforce—further amplifying WSP’s ability to deliver integrated, future-forward solutions. The combined platform is one of the largest U.S. firms in the engineering and design space, with differentiated capabilities across power and energy, water, infrastructure, and environment.

Contact the Harris Williams Energy, Power & Infrastructure Group to learn more about this client engagement.

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