WSP Closes TRC Acquisition, Becomes Top U.S. Engineering Firm by Revenue

WSP Global ( (TSE:WSP) ) has issued an update.

WSP Global has completed its acquisition of TRC Companies, a major U.S. Power & Energy brand with around 8,000 professionals and more than five decades of sector experience. The deal is closely aligned with WSP’s 2025–2027 strategic plan and is designed to deepen its exposure to high-growth segments such as water, infrastructure, environment and digital solutions.

With TRC now integrated, WSP becomes the largest engineering and design firm in the U.S. by revenue and creates what it describes as the leading Power & Energy platform in the country. Management from both companies framed the transaction as a scale and capability play that enhances WSP’s role as a strategic advisor on complex, resilient energy and infrastructure projects, while promising a careful integration to preserve client relationships and employee continuity.

The most recent analyst rating on (TSE:WSP) stock is a Buy with a C$335.00 price target. To see the full list of analyst forecasts on WSP Global stock, see the TSE:WSP Stock Forecast page.

Spark’s Take on TSE:WSP Stock

According to Spark, TipRanks’ AI Analyst, TSE:WSP is a Outperform.

WSP Global’s overall stock score is driven by its strong financial performance and positive earnings call, which highlight robust growth and profitability. However, the high valuation and mixed technical indicators temper the score, suggesting potential caution for investors.

To see Spark’s full report on TSE:WSP stock, click here.

More about WSP Global

WSP Global Inc. is a Montreal-based professional services firm that unites engineering, advisory and science-based expertise across transportation, infrastructure, environment, buildings, energy, water, and mining and metals. The company operates in over 50 countries, employs about 83,000 professionals, and is publicly listed on the Toronto Stock Exchange under the ticker TSX: WSP.

TRC Companies is a U.S. Power & Energy-focused engineering and consulting firm with roughly 8,000 professionals providing advisory, consulting, construction, engineering and management services. With more than 55 years of history, it is ranked among the top U.S. design firms, including #5 in Power and #3 in Transmission & Distribution, and is recognized as a trusted strategic advisor across the infrastructure lifecycle.

Average Trading Volume: 408,196

Technical Sentiment Signal: Sell

Current Market Cap: C$30.4B

For an in-depth examination of WSP stock, go to TipRanks’ Overview page.