Overview
- Tourlite began buying TIC in August at about $10 per share, targeting a normalized 2027 free-cash-flow yield in the teens following NV5 integration.
- TIC provides regulation-driven asset-integrity services such as nondestructive testing, rope access, and engineering support for critical infrastructure.
- The company rebranded from Acuren in October 2025, completed the NV5 acquisition, and was previously taken public via a SPAC by Martin Franklin.
- TIC reported third‑quarter 2025 revenue of $473.9 million, reflecting significant year‑over‑year growth.
- Shares closed at $9.27 on Nov. 19 for a roughly $2.045 billion market cap after recent volatility, while Insider Monkey counted 15 hedge fund holders at Q2 quarter‑end versus 24 in the prior quarter.