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.

Acuren Corporation has announced the completion of a transformational merger with NV5, resulting in the creation of a $2 billion revenue company specializing in tech-enabled TICC and engineering services. NV5 shareholders received $10.00 per share in cash and 1.1523 shares of Acuren stock for each NV5 share. The transaction, valued at approximately $1.7 billion, included the full repayment of NV5’s $208 million debt and the issuance of about 79 million Acuren shares to NV5 shareholders. The cash portion was funded by $875 million in new debt financing and cash on hand. As part of the merger, Acuren expanded its board of directors and appointed former NV5 CEO Ben Heraud as President and Chief Operating Officer. Integration efforts are underway, targeting over $20 million in cost synergies and significant cross-selling opportunities. The company reported a common stock outstanding of 202,038,128 shares as of September 24, 2025, and announced plans to change its name to TIC Solutions Inc., effective October 10. Acuren issued guidance for Q3 2025, expecting revenue between $460 million and $480 million and adjusted EBITDA between $75 million and $80 million. Full-year 2025 guidance anticipates revenue between $1,530 million and $1,565 million, with adjusted EBITDA of $240 million to $250 million. These figures include NV5’s results from August 4, 2025. You can access the full presentation through the link below: [here(here) Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acuren Corporation published the original content used to generate this news brief on September 30, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here