Added to YB: 2025-08-29
Pitch date: 2025-07-06
TIC [bullish]
Acuren Corporation
-2.9%
current return
Author Info
No bio for this author
Company Info
Acuren Corporation provides critical asset integrity services in North America. It 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
$2.2B
Pitch Price
$11.37
Price Target
16.00 (+45%)
Dividend
N/A
Sector
Professional Services
Category
special_situation
Acuren Corporation - $TIC
TIC: NDT/TIC leader trades 10x EBITDA despite 17% margins, 5% FCF yield. NV5 merger in 2H25 adds $350M EBITDA, $20M synergies, but lifts leverage to 4.6x. 43% recurring revenue, mix shift to higher-margin work. Target $16 (12x multiple) as deleveraging + integration drives re-rating vs cheap 9-10x valuation.
Read full article (20 min)