Welcome to our dedicated page for Tic Solutions news (Ticker: TIC), a resource for investors and traders seeking the latest updates and insights on Tic Solutions stock.
TIC Solutions, Inc. (NYSE: TIC) is a specialty business services company in the industrials sector that focuses on tech-enabled Testing, Inspection, Certification and Compliance (TICC), engineering, geospatial services, and critical asset integrity solutions. Its news flow, as reflected in company press releases and SEC filings, centers on financial results, corporate transactions, capital markets activity, and participation in industry conferences.
Investors following TIC Solutions’ news can expect regular updates on quarterly and year-to-date financial performance, including revenue, net income or loss, and non-GAAP measures such as Adjusted EBITDA. The company issues earnings releases that discuss trends in its inspection, mitigation, engineering, and geospatial service lines, as well as commentary on demand across industrials, energy processing, utilities, infrastructure, and other end markets.
News coverage also highlights significant corporate events. Recent examples include the completion of a merger with NV5 Global, Inc., the subsequent rebrand from Acuren Corporation to TIC Solutions, Inc., and a private placement of common stock and a pre-funded warrant to an existing investor. These announcements provide context on how TIC Solutions is expanding its TICC and engineering platform, adjusting its capital structure, and integrating acquired operations.
In addition, TIC Solutions issues releases about its participation in investor conferences hosted by firms such as Raymond James, Baird, and UBS. These items signal ongoing engagement with the investment community and offer insight into how management presents the company’s strategy and end-market exposure. For a consolidated view of these developments, this news page aggregates company press releases and related disclosures tied to the TIC ticker.
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) 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.
Acuren Corporation (NYSE: TIC) has announced its approval for uplisting from the NYSE American to the New York Stock Exchange (NYSE). The company's common stock will cease trading on NYSE American after market close on May 16, 2025, and begin trading on the NYSE on May 19, 2025, maintaining its ticker symbol "TIC".
CEO Tal Pizzey highlighted this as a significant achievement that will help expand their presence in the asset integrity space and TICC sector. Co-Chairman Robert A.E. Franklin emphasized the move's potential to increase liquidity and broaden their investor base. NYSE Group Chief Development Officer Chris Taylor welcomed Acuren to their exchange, noting the benefits of enhanced visibility and long-term value that the NYSE provides.
Acuren Corporation (NYSE American: TIC) has scheduled its first quarter 2025 earnings release for Thursday, May 15, 2025, before market opening. The company will host a webcast/conference call at 8:30 a.m. Eastern Time on the same day to discuss the financial results for the period ending March 31, 2025.
Key executives participating in the call will include CEO Talman Pizzey, CFO Kristin Schultes, and Co-Chairman Robert A.E. Franklin. Investors can join via phone by dialing 877-407-0789 or 201-689-8562, or through the webcast link. A replay will be available after the call.
Acuren (NYSE: TIC) reported its financial results for Q4 and full year 2024, achieving record revenue of $1.1 billion, up 4.5% from 2023. The growth was partially driven by acquisitions and deeper service line penetration with recurring customers.
The company reported a Successor Net Loss of $105.5 million for 2024, primarily due to non-recurring transaction-related expenses. Combined Adjusted EBITDA reached $186.7 million, increasing 11.5% with a margin of 17.0%, up from 15.9% in 2023.
As of December 31, 2024, Acuren maintained $139.1 million in cash and cash equivalents, with total debt of $754.8 million. The company successfully repriced its term loan in January 2025, expecting to save $5.8 million annually in interest expenses. For 2025, Acuren projects revenue growth in the low-to-mid-single digit percentage range.