The all-cash deal, which is expected to be finalized in the first quarter of 2026, will see the engineering firm take over the Connecticut-based power and energy service consultancy. The company says the deal will make it the U.S.’s largest engineering and design firm by revenue. (The Logic)

Talking point: To help pay for the deal, WSP will sell about $850 million in shares, including a $118-million private placement deal with Quebec public-sector pension fund manager La Caisse, WSP’s largest shareholder. The company, founded as Genivar in 1993, bought UK-based international building consultancy William Sale Partnership in 2012 and rebranded as WSP Global two years later. With the TRC deal, WSP’s employee count will have nearly doubled in 14 years, and the company will derive two-thirds of its global net revenues from Canada and the Americas. WSP CEO Alexandre L’Heureux says the company will keep looking for acquisitions.