TRC Companies, Inc.

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TRC Companies, Inc. - overview

Established

1969

Location

-, CT, US

Primary Industry

Business Support Services

About

Based in the US, TRC Companies, Inc. specializes in providing comprehensive consulting, engineering, and construction management services for both public and private sectors, focusing on environmental and energy solutions. Founded in 1969, TRC Companies, Inc. operates primarily in the engineering and consulting sector.


The company was formed by a group of individuals, including Charlotte de Saint Meleuc and Cody Blanchard, and has experienced significant growth over the decades. Headquartered in the US, TRC has expanded its global presence with various offices across North America. In October 2021, TRC underwent a transition when Warburg Pincus acquired it from New Mountain Capital, with Chris Vincze continuing as CEO. The latest funding round was a Public to Private deal, raising USD 555.


00 mn and marking a total of USD 555. 00 mn raised overall. TRC offers a comprehensive suite of consulting, engineering, and construction management services tailored to address both built and natural imperatives for public and private enterprises. Its core offerings include advanced energy solutions, environmental assessments, regulatory compliance, and program management.


These services are aimed at helping clients adapt to evolving operational landscapes in sectors such as power, utilities, transportation, and water management. TRC serves a diverse clientele, including government entities and commercial organizations, and has established a reputation for utilizing innovative technologies to support operational efficiency, sustainability, and safety since its inception. In 2016, TRC reported a revenue of USD 465. 13 mn, with an EBITDA amounting to USD 16.


54 mn. Revenue generation primarily comes from contracts structured as fee-for-service and project-based engagements, emphasizing specialized consulting and engineering solutions. TRC Companies, Inc. aims to enhance its engineering and consulting services following the acquisition by Warburg Pincus in October 2021.


The company is focusing on developing new products and expanding its market reach, specifically targeting growth in renewable energy and environmental consulting sectors over the next few years. The funding from the recent acquisition will be utilized to support these strategic initiatives, ensuring that TRC continues to evolve in response to client needs and market demands. In December 2025, WSP Global Inc. , a portfolio company of British Columbia Investment Management Corporation, CPP Investment Board, CDPQ, and GIC, agreed to acquire TRC Companies, Inc.


from Warburg Pincus for USD 3. 3 billion in cash. The acquisition is expected to be completed in the Q1 of 2026 and subject to the satisfaction of certain customary closing conditions, including applicable regulatory approvals. The acquisition enables WSP Global Inc.


to strengthen its power and energy capabilities, expand advisory and program management services, and become the largest engineering and design firm in the US.


Current Investors

Warburg Pincus

Primary Industry

Business Support Services

Sub Industries

Engineering, Consulting Services, Construction, Environmental Services

Website

www.trccompanies.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

TRC Companies, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleAnnouncedTRC Companies, Inc.-
Add-onCompletedRampart-
Add-onCompletedGaranzuay Consulting-
Add-on, Trade SaleCompletedLocana LLC-
Add-onCompletedGladstein Neandross & Associates, LLC-

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TRC Companies, Inc. - employee data

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