Acuren Corporation (TIC): A Bull Case Theory

We came across a bullish thesis on Acuren Corporation (TIC) on Kairos Research’s Substack. In this article, we will summarize the bulls’ thesis on TIC. Acuren Corporation (TIC)’s share was trading at $11 as of 28^th May. TIC’s trailing and forward P/E were 39.88 and 22.73 respectively according to Yahoo Finance.

Acuren Corporation and NV5 Global, Inc. have entered into a definitive agreement to merge in a transaction valued at approximately $1.7 billion. The deal combines Acuren’s leading industrial testing and inspection capabilities with NV5’s infrastructure and geospatial engineering expertise, creating a diversified technical services platform with projected annual revenues of $2 billion. Under the terms of the agreement, NV5 shareholders will receive $23.00 per share, consisting of $10.00 in cash and $13.00 in Acuren stock, which represents a 32% premium over NV5’s recent share price.

The merged company is expected to deliver approximately $350 million in adjusted EBITDA after synergies, with $20 million in near-term cost savings already identified. The transaction structure will result in Acuren shareholders owning approximately 60% of the combined company and NV5 shareholders owning 40%. The strategic rationale behind the merger includes complementary services, increased cross-selling opportunities, and expansion across infrastructure and industrial end markets. The combined scale and capabilities aim to better serve clients and compete more effectively in a fragmented industry.

As part of the transaction, Acuren will appoint key NV5 executives, including CEO Dickerson Wright and COO Alexander Hockman, to its board of directors, with Wright also serving as Chairman. The merger has been unanimously approved by NV5’s Board of Directors and is expected to close in the second half of 2025, pending customary closing conditions and regulatory approvals. The transaction signals a significant consolidation in the technical services sector, positioning the combined entity for long-term growth and enhanced shareholder value.

For a comprehensive analysis of another standout stock covered by the same author, we recommend reading their summary of their bullish thesis on NVR, Inc. (NVR).

Acuren Corporation (TIC) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 24 hedge fund portfolios held TIC at the end of the first quarter which was 0 in the previous quarter. While we acknowledge the risk and potential of TIC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than TIC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.