Added to YB: 2025-07-28
Pitch date: 2025-07-23
TIC [bullish]
TIC Solutions, Inc.
-10.41%
current return
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. Sign up for the newsletter.
Company Info
TIC Solutions, Inc. provides critical asset integrity services in North America. The company offers testing, inspection, certification, and compliance (TICC) services, including various nondestructive testing (NDT) techniques, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection.
Market Cap
$2.1B
Pitch Price
$11.81
Price Target
28.00 (+165%)
Dividend
N/A
EV/EBITDA
20.02
P/E
-22.68
EV/Sales
2.83
Sector
Professional Services
Category
special_situation
More Interesting Ideas for 2025 - Acuren Corporation
TIC: Martin Franklin-led SPAC trading at 10x EBITDA (vs peer UL at 20x), ~4.3x levered post-NV5 acquisition. Asset integrity business with 20% EBITDA margins, recurring revenue & mid-single digit organic growth. 5yr $28 PT (21% IRR) assumes $2.5B rev, $450M EBITDA. Risk: high O&G exposure, execution risk on NV5 deal.
Read full article (3 min)