Company Description
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. According to the company’s SEC filings and public disclosures, its services are mission-critical, frequently compliance-mandated, and typically recurring in nature. TIC Solutions positions its offerings as essential to the safety, reliability, and efficiency of industrial assets, buildings, and public infrastructure.
The company operates primarily in North America with additional activity in select international markets. It serves both public- and private-sector clients across diversified end markets that are described as essential to the broader economy. Public-sector customers include federal, state, and municipal agencies, public utilities, transportation authorities, and environmental regulators. On the private side, TIC Solutions’ client base spans industrials, infrastructure, construction, commercial real estate, energy processing, utilities, and both public and commercial infrastructure, with disclosed exposure to data centers and other high-growth adjacencies.
Business model and core services
TIC Solutions states that it supports clients across the full asset lifecycle, from planning and design to commissioning and compliance. Its portfolio, as described in company news releases and its registration statement, includes:
- Inspection and mitigation services, including nondestructive testing and industrial rope access services.
- Consulting engineering and related engineering services for industrial assets and infrastructure.
- Geospatial solutions, including geospatial analytics and drone-enabled geospatial services.
- Critical asset integrity solutions that focus on extending the useful life of critical assets and supporting ongoing maintenance.
The company characterizes these services as often non-discretionary, driven by regulatory requirements, customer risk management policies, and the need to maintain or extend the life of high-value assets. This focus on recurring, compliance-driven work underpins TIC Solutions’ role within the broader TICC and engineering services ecosystem.
End markets and client base
Across its disclosures, TIC Solutions highlights diversified exposure to multiple end markets. These include industrials, energy processing and refining, utilities, midstream and pipeline infrastructure, public and commercial infrastructure, and renewables. The company also notes exposure to data centers and other expanding sectors such as aviation, healthcare, and higher education. Within public markets, it cites work with agencies and authorities responsible for infrastructure, utilities, and environmental regulation. Within private markets, it serves industrial, infrastructure, construction, and commercial real estate customers.
This mix of public- and private-sector clients, combined with the compliance-driven nature of its services, is presented by the company as a source of resilience and recurring demand across economic cycles.
Corporate evolution and structure
Based on its SEC filings, TIC Solutions, Inc. is a Delaware corporation. The company’s S-1 registration statement describes it as a leading provider of tech-enabled TICC, engineering, and geospatial services, operating primarily in North America. Earlier filings and press releases refer to the business as Acuren Corporation and indicate that the corporate name was changed to TIC Solutions, Inc. following a merger with NV5 Global, Inc. An 8-K filed in October 2025 notes that a Certificate of Amendment was filed to change the name from Acuren Corporation to TIC Solutions, Inc., and that the company would begin trading under the TIC Solutions, Inc. name while retaining the NYSE ticker symbol “TIC.”
Company communications describe the combination of legacy Acuren and NV5 operations as creating a larger TICC and engineering services platform. The business is described as having more than 11,000 employees across more than 230 to 250 locations, with services organized across inspection and mitigation, engineering and lab, and geospatial activities. These figures are presented in company news releases as part of its description of scale and geographic reach.
Role in the TICC and engineering ecosystem
In its prospectus and press releases, TIC Solutions emphasizes that its TICC and engineering services are mission-critical and frequently mandated by regulation. The company notes that its work supports the safety and reliability of industrial facilities, pipelines, energy processing assets, utilities, and public infrastructure, as well as the built environment more broadly. By providing nondestructive testing, rope access mitigation, engineering consulting, lab analysis, and geospatial analytics, TIC Solutions positions itself as a key technical partner for asset owners and operators across the asset lifecycle.
The company also highlights that its services often support recurring maintenance needs, particularly in industrial and infrastructure markets where ongoing inspection and compliance activities are required. This recurring aspect is referenced in multiple disclosures as an important characteristic of its revenue profile.
Capital markets and corporate transactions
TIC Solutions’ common stock is listed on the New York Stock Exchange under the symbol TIC, as disclosed in its SEC filings. The company identifies itself as an emerging growth company under U.S. securities laws in its registration statement. An S-1 filing describes a registration of shares for resale by a selling stockholder, including shares issuable upon exercise of a pre-funded warrant, and notes that the company will not receive proceeds from the resale of those shares other than nominal warrant exercise proceeds.
In October 2025, an 8-K filing describes a private placement of common stock and a pre-funded warrant to an investor, with aggregate gross proceeds of approximately $250 million. A related Registration Rights Agreement provides for the registration of the resale of those securities. Another 8-K details the company’s acquisition of NV5 Global, Inc. through a merger structure, with NV5 becoming a wholly owned subsidiary and its stockholders receiving a mix of Acuren (now TIC Solutions) common stock and cash. Company press releases describe this transaction as creating a larger North American provider of TICC and engineering services.
Regulatory reporting and financial framework
TIC Solutions uses a range of non-GAAP financial measures in its communications, including EBITDA, Adjusted EBITDA, Adjusted Gross Profit, Adjusted Gross Margin, and various combined metrics that reflect predecessor and successor periods around acquisitions. The company explains in its press releases and filings that these measures are used internally for performance evaluation and are provided to investors as supplemental information alongside GAAP results. It also notes that combined financial information for certain periods is presented by mathematically adding predecessor and successor results and is not prepared in accordance with GAAP.
As an SEC registrant, TIC Solutions files periodic and current reports, including Form 8-K filings describing material events such as mergers, private placements, name changes, and earnings releases. An 8-K dated January 2, 2026, for example, describes a stock dividend related to its Series A preferred stock, including the methodology for calculating the annual dividend amount based on appreciation in the company’s common stock price over a specified benchmark.
Stock and corporate governance
The company’s SEC filings indicate that TIC Solutions has both common stock and Series A preferred stock outstanding. The preferred stock is entitled to an annual dividend amount calculated as a percentage of the appreciation in the company’s common stock price over a defined reference price, multiplied by a specified share equivalent. An 8-K filing details the issuance of a stock dividend of common shares in respect of the preferred stock and notes the resulting approximate number of common shares outstanding after the dividend.
Board and management changes associated with the NV5 merger are also described in 8-K filings, including the appointment of new directors and senior executives from NV5. These filings outline governance arrangements and compensation elements for certain executives, as well as the creation of an Office of the Chairmen to provide strategic leadership.
Summary
Overall, TIC Solutions, Inc. represents a public company platform in the specialty business services and industrials space, centered on tech-enabled TICC, engineering, geospatial, and asset integrity services. Its disclosures emphasize regulatory and risk-management drivers of demand, a diversified mix of public- and private-sector clients, and a broad presence across North America and select international markets. Investors researching TIC stock can review its SEC filings and company news to understand its service mix, end-market exposure, and the impact of recent corporate transactions on its scale and capital structure.