Gates Capital reports 9.9% stake in TIC Solutions
TIC Solutions, Inc. ownership update: Gates Capital Management and related reporting persons state beneficial ownership of 21,850,000 shares, representing 9.9% of the class.
Rhea-AI Filing Summary
TIC Solutions, Inc. ownership update: Gates Capital Management and related reporting persons state beneficial ownership of 21,850,000 shares, representing 9.9% of the class. The percentage is calculated using 221,153,392 shares outstanding as of March 6, 2026. The filing is a joint Schedule 13G/A amendment signed May 15, 2026, listing shared voting and dispositive power of 21,850,000 shares across the reporting persons.
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Insights
Gates Capital discloses a 9.9% passive stake in TIC Solutions.
Gates Capital Management, its GP and affiliated entities report beneficial ownership of 21,850,000 shares with shared voting and dispositive power. The filing calculates the 9.9% figure using 221,153,392 shares outstanding as of March 6, 2026.
Ownership is aggregated via a joint filing agreement dated May 15, 2026. Cash‑flow treatment and sale intentions are not disclosed in the excerpt; future filings would show any changes in position.
Shared voting/dispositive power is disclosed across four reporting entities.
The statement attributes shared voting power and shared dispositive power of 21,850,000 shares to Gates Capital, Gates Capital Management GP, Gates Capital Management, Inc., and Jeffrey L. Gates. The cover rows and Item 4 supply the ownership breakdown.
The filing includes a joint filing agreement under Rule 13d-1(k). Timing and any planned transactions are not included in this amendment; subsequent amendments would reflect material changes.
Key Figures
Key Terms
beneficially owned regulatory
Joint Filing Agreement regulatory
Schedule 13G/A regulatory
FAQ
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What stake does Gates Capital hold in TIC (TIC)?
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AI-generated analysis. How Rhea-AI works. Not financial advice.