secwatch / observer

TIC Solutions, Inc. — fact timeline

Source-grounded facts extracted from TIC Solutions, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

TIC TIC Solutions, Inc. JSON
Debt Financings

TIC Solutions, Inc. amended term loan with Jefferies Finance LLC at Term SOFR plus 2.50% per annum or the Base Rate plus 1.50% per annum.

“The Amendment amended the Credit Agreement to (i) reduce the stated rate of interest of the Amendment No. 3 Term Loans by 25.0 basis points and reflect other related amendments and (ii) increase the Letter of Credit Sublimit to $50.0 million. The Amendment No. 3 Term Loans now bear interest, at the Borrower’s election, at either Term SOFR plus 2.50% per annum or the Base Rate plus 1.50% per annum.”
Material Agreements

TIC Solutions, Inc. amended Third Amendment to Credit Agreement with Jefferies Finance LLC (effective 2026-06-02).

“On June 2, 2026, TIC Solutions, Inc. (the “Company”) entered into the Third Amendment to Credit Agreement, by and among Acuren Delaware Holdco, Inc. (the “Initial Borrower”), a wholly-owned subsidiary of the Company, Acuren Holdings, Inc. (“Acuren” and together with the Initial Borrower, the “Borrowers”), a wholly-owned subsidiary of the Company, the other Loan Parties party thereto, the Refinancing Term Loan Lenders party thereto, the Revolving Credit Lenders party thereto, the L/C Issuers party thereto and Jefferies Finance LLC, as administrative agent (the “Administrative Agent”) and collateral agent for the lenders (the “Amendment”), which amended the Credit Agreement dated as of July 30, 2024, among the Borrowers, the Company, the other Guarantors party thereto, the lenders and L/C Issuers party thereto, and the Administrative Agent (as amended by that certain First Amendment to Credit Agreement dated as of January 31, 2025, by that certain Second Amendment to Credit Agreement dat”
Earnings Releases

TIC Solutions, Inc. reported first quarter ended March 31, 2026 results: revenue $488.0 million, net income net loss of $41.5 million. Guidance reaffirmed.

“"filed" or incorporated by reference therein. --- EX-99.1 (EX-99.1) --- TIC Solutions Reports Results for the First Quarter 2026 - Delivered record first quarter revenue of $488.0 million - - Reported net loss of $41.5 million and Adjusted EBITDA of $57.7 million - - Plans to announce new long-term financial targets at Investor Day on May 19 in New York City - -”
Earnings Releases

TIC Solutions, Inc. updated its fiscal year 2026 guidance (initiated).

“Provides 2026 revenue and Adjusted EBITDA growth outlook”
Earnings Releases

TIC Solutions, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $508.3 million, net income Net Loss of $47.2 million.

“• 2025 Successor Revenue of $508.3 million compared to 2024 Successor Revenue of $262.0 million, representing an increase of 94%, primarily reflecting the inclusion of NV5 results. • 2025 Successor Net Loss of $47.2 million compared to 2024 Successor Net Loss of $15.6 million.”
Earnings Releases

TIC Solutions, Inc. reported the fiscal year ended December 31, 2025 results: revenue $1,530.3 million, net income Net Loss of $87.1 million.

“• 2025 Successor Revenue of $1,530.3 million compared to 2024 Predecessor Revenue of $633.9 million and 2024 Successor Revenue of $463.5 million, representing an increase of 39% based on prior-year Combined Revenue of $1.1 billion. • 2025 Successor Net Loss of $87.1 million compared to 2024 Predecessor Net Loss of $15.7 million and 2024 Successor Net Loss of $105.5 million, representing a 28% improvement based on prior-year Combined Net Loss of $121.2 million.”
Equity Issuances

TIC Solutions, Inc. issued 3,125,000 shares of Common Stock of warrant to the Investor for at $11.9999 per share.

“and (ii) a pre-funded warrant (the “ Pre-Funded Warrant ,” and together with the Shares, the “ Securities ”) to purchase 3,125,000 shares of Common Stock, at $11.9999 per share”
Equity Issuances

TIC Solutions, Inc. issued 17,708,333 shares of common stock to the Investor for at $12.00 per share.

“Acuren Corporation (the “ Company ”) entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with the investor named therein (the “ Investor ”), for the private placement (the “ Private Placement ”), of (i) 17,708,333 shares (the “ Shares ”) of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), at $12.00 per share”
Governance Changes

TIC Solutions, Inc.: Company changed its name from Acuren Corporation to TIC Solutions, Inc. via Certificate of Amendment to Certificate of Incorporation, effective October 10, 2025 (effective 2025-10-10).

“On October 7, 2025, the Company filed a Certificate of Amendment to its Certificate of Incorporation (the “ Certificate of Amendment ”) with the Secretary of State of the State of Delaware to change its name from Acuren Corporation to TIC Solutions, Inc., effective at 5:00 p.m. Eastern Time on October 10, 2025.”
Debt Financings

TIC Solutions, Inc. incurred term loan of $875 million with Jefferies Finance LLC maturing July 30, 2031.

“The Second Amendment amended the Credit Agreement to (i) include new term loans in an aggregate principal amount of $875 million (the “Amendment No. 2 Term Loans")”
M&A Transactions

TIC Solutions, Inc. completed an acquisition involving NV5 Global, Inc. for 1.1523 shares of Acuren Common Stock and cash in the amount of $10.00 (closed 2025-08-04).

“the First Merger (the “First Effective Time”), other than Excluded Shares (as defined below) and Appraisal Shares (as defined below) was converted into the right to receive (i) 1.1523 shares of Acuren Common Stock (the “Per-Share Share Consideration”) and (ii) cash in the amount of $10.00 (the “Per-Share Cash Consideration” and, together with the Per-Share”

Kristin Schultes was appointed as Principal Accounting Officer at TIC Solutions, Inc..

“In the interim, the Company’s Chief Financial Officer, Kristin Schultes, will assume the responsibility of Principal Accounting Officer.”

Gregory Conaway departed as Chief Accounting Officer at TIC Solutions, Inc..

“As of April 11, 2025, Acuren Corporation (the “Company”) announced the departure of Gregory Conaway, the Company’s Chief Accounting Officer.”
Auditor Changes

TIC Solutions, Inc. reported that prior financial statements should not be relied upon.

“should no longer be relied upon due to the error related to income taxes described below as well as other immaterial items and should be restated.”

Lourinda St. John departed as Chief Human Resources Officer at TIC Solutions, Inc..

“On February 28, 2025, Lourinda St. John, Chief Human Resources Officer of Acuren Corporation (the “Company”), notified the Company that, due to personal reasons, she intends to resign from her current title and roles at the Company and all of its subsidiaries effective April 7, 2025.”
Debt Financings

TIC Solutions, Inc. amended term loan with Jefferies Finance LLC, as administrative agent at Term SOFR plus 2.75% per annum or the Base Rate plus 1.75% per annum.

“The Amendment amended the Credit Agreement to reduce the stated rate of interest of the Amendment No. 1 Term Loans and reflect other related amendments.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.