secwatch.observer — SEC 8-K summary
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Issuer:     TIC Solutions, Inc. (TIC)
CIK:        0002032966
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0002032966-25-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acuren FY2024 combined revenue $1.1B, Adj. EBITDA $186.7M; guides 2025 low-mid single-digit growth
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- Combined FY2024 revenue $1.097B (+4.5% YoY); Adj. EBITDA $186.7M (17.0% margin, +11.5% YoY).
- Combined FY net loss $121.2M due to acquisition-related costs; Q4 Successor net loss $15.6M.
- Q4 Successor revenue $262.0M; Adj. EBITDA $40.7M (15.5% margin) driven by lower SG&A.
- Cash $139.1M, total debt $754.8M; term loan repriced Jan 2025 saving $5.8M annually; NYSE American listing in Feb 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2032966/000203296625000008/0002032966-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2032966/000203296625000008/cik0002032966-20250327.htm
  HTML page:      https://secwatch.observer/filing/0002032966-25-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer