Acuren Q2 revenue up 1.5% to $313.9M; completes $1.7B NV5 merger

TIC Solutions, Inc.

Revenue $313.9M (+1.5% YoY); organic growth 2.0% driven by callout work and new customer wins.
Net loss improved to $0.2M from $5.5M; Adjusted EBITDA $54.6M (17.4% margin vs 19.1% prior).
Completed $1.7B acquisition of NV5 on Aug 4, 2025; issued ~79M shares; total shares now 200.6M.
Amended credit facility: added $875M term loans, total $1.6B; revolver expanded to $125M.
Guidance suspended; refreshed outlook expected with Q3 2025 results in November 2025.

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