TRC Companies (“TRC”) is a leading national engineering and consulting (“E&C”) firm providing services across the environmental, power, infrastructure, and energy end markets. A white-collar professional services firm founded in 1969, TRC has 5,500 highly skilled employees, as well as a strong reputation for quality and technical excellence in the industry. TRC provides environmental consulting, design & engineering, project management, and a range of other services to a diversified customer base, and focuses on low risk, small and medium size projects. TRC is headquartered in Lowell, Massachusetts.
New Mountain acquired TRC as a result of the firm’s multi-year, proactive “deep dive” effort in the engineering & consulting and infrastructure services sectors. New Mountain first met TRC over five years before the investment in June 2017 and developed a strong relationship with the leadership team. As a result of its expertise in the sector and well developed strategic growth plan for TRC, management championed New Mountain as their preferred partner.