Added to YB: 2025-01-31
Pitch date: 2025-01-31
TICA [bullish]
TIC Solutions, Inc.
-10.34%
current return
Author Info
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
$11.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.02
P/E
-22.68
EV/Sales
2.83
Sector
Professional Services
Category
growth
Acuren Corporation - $TICA
TICA: Asset integrity mgmt co, 95% recurring rev, 17% EBITDA margin. M. Franklin-backed SPAC w/ 16.4% ownership. 5% industry growth, $25B TAM. Strong moat via scale, compliance, relationships. 3.3x net debt/EBITDA. Bull case: 15% growth, margin expansion. Risks: competition, oil/gas cyclicality. Uplist to NYSE Q1 2025.
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