Acuren Corp Stock Price, News & Analysis

Acuren Corporation (NYSE: TIC) has successfully completed its merger with NV5 Global, Inc. (NASDAQ: NVEE), creating a market-leading North American provider of Testing, Inspection, Certification, and Compliance (TICC) services with over $2 billion in revenue.

The transaction, valued at approximately $1.7 billion, offers NV5 stockholders $23.00 per share through a combination of $10.00 in cash and 1.1523 shares of Acuren Common Stock. The combined entity will operate through three segments: Inspection and Mitigation, Engineering and Lab, and Geospatial, serving diverse sectors including infrastructure, energy, utilities, and government across 230+ locations with 11,000+ employees.

Key leadership changes include Ben Heraud, former NV5 CEO, joining as President and COO, while Dickerson Wright and Byron Roth join the Board of Directors. The company expects significant synergies through cross-selling and aims to reduce leverage to below three times net.

Acuren Corporation (NYSE: TIC), a leading provider of critical asset integrity services, has scheduled its Q2 2025 earnings release for August 14, 2025, before market opening. The company will host a conference call at 8:30 a.m. ET on the same day, featuring CEO Talman Pizzey, CFO Kristin Schultes, and Co-Chairman Robert A.E. Franklin.

Acuren specializes in Testing, Inspection, Certification, and Compliance (TICC) services, including Nondestructive Testing (NDT), primarily serving industrial markets across North America. The company focuses on providing recurring maintenance services for its customers' critical assets, both on-site and in laboratory settings.

Acuren Corporation (NYSE: TIC) announced that its stockholders have overwhelmingly approved the issuance of common stock for the merger with NV5 Global, Inc. The vote took place at Acuren's annual meeting on July 31, 2025, with 99.99% of votes cast in favor of the stock issuance proposal.

The merger, initially announced on May 14, 2025, is expected to close in August 2025, pending regulatory approvals. Acuren, a leading provider of critical asset integrity services in North America, specializes in Testing, Inspection, Certification, and Compliance (TICC) services, including Nondestructive Testing (NDT) for various industrial markets.

Acuren Corporation (NYSE: TIC) announced the completion of the 60-day go-shop period related to its previously announced merger agreement with NV5 Global, Inc. (Nasdaq: NVEE). During this period, which ended at 11:59 p.m. ET on July 14, 2025, NV5 was allowed to seek and negotiate with other potential acquirers, but no superior proposals were received.

The merger transaction is anticipated to close in August 2025, subject to stockholder approval from both companies, regulatory approvals, and other customary closing conditions.

Acuren Corporation (NYSE: TIC), a leading provider of critical asset integrity services, announced its participation in the CJS Securities 25th Annual "New Ideas" Summer Conference on July 10th, 2025 in White Plains, NY.

Acuren specializes in Testing, Inspection, Certification, and Compliance (TICC) services, including Nondestructive Testing (NDT) and destructive testing capabilities. The company primarily operates in North America, serving various industrial markets with essential compliance-mandated services focused on recurring maintenance needs.

Acuren Corporation (NYSE: TIC) announced that the SEC has declared effective its Form S-4 registration statement related to the proposed merger with NV5 Global, Inc. (Nasdaq: NVEE). The company will hold its 2025 Annual Meeting virtually on July 31, 2025, where stockholders will vote on several proposals, including the approval of share issuance for the merger.

The definitive joint proxy statement/prospectus will be mailed to stockholders of record as of June 30, 2025, starting around July 1, 2025. The meeting will address key proposals including the Acuren Stock Issuance Proposal, election of directors, appointment of auditors, and approval of the 2025 Employee Stock Purchase Plan.

Acuren, a leading provider of critical asset integrity services specializing in Testing, Inspection, Certification, and Compliance (TICC), continues to expect the transaction to close in the second half of 2025.

Acuren Corporation (NYSE: TIC), a provider of critical asset integrity services, has announced that its senior leadership team will participate in the Baird 2025 Global Consumer, Technology & Services Conference. The conference is scheduled to take place on Wednesday, June 4, 2025, in New York, NY. This conference participation represents an opportunity for Acuren to engage with investors and industry professionals at a significant industry event.

Acuren Corporation (NYSE: TIC) reported its Q1 2025 financial results, showing revenue growth of 5.0% to $234.2 million, driven by 7.2% organic growth and deeper service line penetration. However, the company posted a net loss of $25.9 million compared to a $1.3 million loss in Q1 2024, primarily due to increased depreciation and ASP Acuren Acquisition costs. Adjusted EBITDA was $25.9 million with an 11.0% margin, down from $35.5 million and 15.9% margin in the previous year. The company maintains strong liquidity of $224.9 million, including $155.7 million in cash. Acuren reiterated its 2025 guidance expecting low-to-mid-single digit revenue growth. Additionally, the company announced a separate definitive agreement to merge with NV5 Global, Inc. (Nasdaq: NVEE).

Acuren Corporation (NYSE: TIC) and NV5 Global (NASDAQ: NVEE) have announced a merger agreement creating a leading global Testing, Inspection, Certification and Compliance (TICC) and Engineering Services firm with $2 billion+ combined revenue. Under the deal, NV5 stockholders will receive $23.00 per share ($10.00 in cash and $13.00 in Acuren stock), representing a 32% premium. The $1.7 billion transaction is expected to close in H2 2025.

The merger will result in current Acuren stockholders owning ~60% and NV5 stockholders ~40% of the combined company. The deal is expected to be immediately accretive with $20 million in near-term cost synergies and substantial revenue synergy potential. The combined 2024 adjusted EBITDA is projected at $350 million post synergies.