Acuren Corporation Unveils Investor Presentation Highlighting NV5 Merger, New Name, and Strategic Growth in Engineering and TICC Services

Reuters
2025.09.30 12:08
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Acuren Corporation has completed a merger with NV5, creating a $2 billion company focused on tech-enabled TICC and engineering services. NV5 shareholders received $10.00 per share in cash and Acuren stock. The transaction, valued at $1.7 billion, included debt repayment and share issuance. Acuren plans to change its name to TIC Solutions Inc. and expects Q3 2025 revenue of $460-$480 million and adjusted EBITDA of $75-$80 million. Full-year 2025 guidance anticipates revenue of $1,530-$1,565 million and adjusted EBITDA of $240-$250 million.