TIC Solutions

What TIC Solutions does

TIC Solutions (NYSE: TIC) is a tech-enabled provider of critical asset integrity solutions, delivering testing, inspection, certification, compliance (TICC), engineering, and geospatial services across the full asset lifecycle. The company was formed through the combination of Acuren (field and materials expertise) and NV5 Global (engineering and technology capabilities), with NV5 acquired in August 2025 for approximately $2.1 billion. Headquartered in the United States, TIC Solutions operates through 11,000 technical professionals across more than 200 North American locations, serving diversified end markets including industrials, energy processing, utilities, public and commercial infrastructure, midstream and renewables, and data centers.

The company's core offering spans eight service lines: Nondestructive Testing & Inspection (ultrasonic, radiographic, phased array, TOFD, guided wave methods), Geospatial data acquisition and analytics (aerial, terrestrial, UAS, satellite sensors), Buildings & Technology (MEP-FP, commissioning for data centers), Rope Access Solutions, Engineering (civil, structural, mechanical, electrical, environmental, geotechnical), Infrastructure Support Services, accredited Laboratory Services, and Industry Training programs. The portfolio is augmented by GeoAgent, an AI geospatial analytics product launched in 2025. Geospatial data flows through proprietary software and algorithms that transform raw sensor data into decision-ready information for asset management and resource planning.

TIC Solutions generates revenue through B2B professional services engagements priced on a quote-based, project-scope basis, reaching enterprise customers via direct enterprise field sales across regional offices. FY2025 combined revenue was approximately $2.1 billion (4% YoY, 2.2% organic), with Q1 2026 record revenue of $488 million and full-year 2026 guidance of $2,150-$2,250 million. Management has set long-term targets of $3B+ revenue, 18%+ adjusted EBITDA margin, and 85%+ free cash flow conversion by 2029. The company is publicly traded, with leadership headed by CEO Ben Heraud (appointed March 2026, formerly CEO of NV5) and CFO Kristin Schultes.

Name

TIC Solutions

Legal name

TIC Solutions Inc.

Website

https://ticsolutions.com

Company type

Public

Operating status

Operating

Headcount range

1–10 employees

Short description

TIC Solutions (NYSE: TIC) is a tech-enabled testing, inspection, certification, compliance, engineering, and geospatial services provider formed from the Acuren/NV5 combination, serving enterprise customers across industrials, energy, utilities, infrastructure, and data centers via 11,000 technical professionals at 200+ North American locations.

Ownership category

akta.pro rank

Product category

Testing, Inspection and Certification Services

NAICS

Testing Laboratories and Services (541380), Engineering Services (54133)

SIC

Services-Testing Laboratories (8734), Services-Engineering Services (8711)

akta.pro primary industry

Testing, Inspection, Certification & Commissioning (TICx) Technical Services (BPAHAIAL)

akta.pro secondary industry

Third-Party Certification, Code Compliance & Regulatory Inspection (ASME/API/ISO) (EUAEAHAN)

Keywords

• Testing inspection certification
• Nondestructive testing services
• Geospatial analytics solutions
• Asset integrity engineering
• Compliance engineering services

Headquarters

HQ city

Not specified

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Professional Services - Engineering and Consulting: Multidisciplinary engineering services including civil, structural, mechanical, electrical, environmental, and geotechnical engineering for infrastructure, facilities, and materials projects.
2. Testing and Inspection Services: Tech-enabled nondestructive testing and inspection services providing field-based inspections to evaluate asset integrity, safety, and performance without interrupting operations.
3. Certification and Compliance Services: Testing, inspection, certification, and compliance (TICC) services ensuring assets meet applicable codes, standards, and regulatory requirements.
4. Geospatial Data and Analytics: Geospatial data acquisition and analytics services providing actionable insights for asset management, resource planning, and infrastructure decision-making.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

TIC Solutions is an integrated asset lifecycle solutions provider delivering tech-enabled testing, inspection, certification, compliance (TICC), engineering, and geospatial services to enterprise clients across industrials, energy processing, utilities, and public/commercial infrastructure. The company combines two subsidiaries—Acuren (field and materials expertise) and NV5 (engineering and technology capabilities)—offering end-to-end solutions from planning and design through inspection, maintenance, and reliability, supported by an AI geospatial product called GeoAgent.

Product overview

TIC Solutions is an integrated asset lifecycle solutions provider that combines two acquired subsidiaries—Acuren (field and materials expertise) and NV5 (engineering and technology capabilities)—into a unified platform. The company offers eight core service lines: Nondestructive Testing & Inspection, Geospatial, Buildings & Technology, Rope Access Solutions, Engineering, Infrastructure Support Services, Laboratory Services, and Industry Training. The portfolio is enhanced by an AI geospatial product called GeoAgent. This is a services-based portfolio rather than a software platform-plus-modules architecture.

Differentiator

Problem solved

Functional benefit

Brands

• Acuren: Field and materials expertise; nondestructive testing and inspection services
• NV5
• GeoAgent

Products and services

• Nondestructive Testing & Inspection Advanced nondestructive testing and inspection methods including ultrasonic, radiographic, magnetic particle, liquid penetrant, visual, phased array, TOFD, and guided wave methods used to evaluate asset integrity, safety, and performance without interrupting operations across industrial and infrastructure clients.
• Geospatial Geospatial data acquisition and analytics services using fixed wing aircraft, helicopters, unmanned aircraft systems, boats, terrestrial sensors, and satellites, with proprietary software and algorithms that transform raw data into actionable information for risk mitigation, growth planning, and resource management.
• Buildings & Technology Facility design, commissioning, MEP-FP engineering, fire protection, building technology, clean energy design, and asset management services for data centers, commercial facilities, industrial sites, and public-sector buildings.
• Rope Access Solutions Engineering and rope access capabilities for inspections, repairs, and maintenance at height, combining inspection, mechanical, welding, and specialty trades to access difficult locations.
• Engineering Multidisciplinary engineering services spanning civil, structural, mechanical, electrical, MEP-FP, environmental, geotechnical, materials, welding, corrosion, and chemical engineering for infrastructure, facilities, and materials projects.
• Infrastructure Support Services Planning, site selection, engineering design, construction inspection, and operational support for utilities, transportation, water, and municipal infrastructure projects.
• Laboratory Services Accredited laboratory facilities for mechanical, chemical, metallurgical, and environmental testing including tensile, hardness, CTOD, impact, corrosion, and microstructural evaluation services.
• Industry Training Training programs covering radiation safety, occupational health, NDT and API certification, pipeline standards, rope access, and failure investigation delivered in classroom, virtual, and on-site formats.
• GeoAgent AI Geospatial Product AI-powered geospatial product that enhances geospatial data acquisition and analytics to provide actionable information for risk mitigation, growth planning, resource management, and scientific understanding.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• NV5 Global, Inc.coreStrategic or Co-development Partner · 4 August 2025TIC Solutions acquired NV5 Global, Inc. on August 4, 2025, integrating its engineering and technology capabilities into the TIC Solutions platform. NV5 brings expertise in geospatial, environmental, and building systems engineering. The combined entity targets $3 billion-plus revenue by 2029.
• AcurencoreStrategic or Co-development PartnerAcuren is a subsidiary of TIC Solutions providing field and materials expertise including nondestructive testing, inspection, and rope access services. Combined with NV5, Acuren enables end-to-end technical excellence from concept to completion.
• EnergenzminorOthersEnergenz was co-founded by Ben Heraud in Hong Kong in November 2009 and acquired by NV5 in May 2017. TIC Solutions CEO Ben Heraud previously served as CEO of Energenz from 2013 through its acquisition by NV5.

Scale indicators17 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• WSP Global: Canadian professional services consultancy delivering engineering, design, and environmental services across transportation, buildings, and energy. Comparable as a large multi-disciplinary engineering peer to TIC Solutions' consulting engineering segment.
• Stantec: Canadian engineering, consulting, and project management firm serving infrastructure, water, buildings, and environmental markets. Comparable to TIC Solutions' NV5 segment for engineering and infrastructure services to enterprise clients.
• SGS SA: Swiss-headquartered global TIC leader with comprehensive testing, inspection, and certification services across industrials, energy, and infrastructure. Competes head-to-head with TIC Solutions on asset integrity and certification work worldwide.
• AECOM: Global infrastructure consulting firm providing design, engineering, and program management across transportation, water, environment, and energy. Comparable to TIC Solutions for consulting engineering and infrastructure inspection services.
• Intertek Group: London-listed global TIC provider with strong presence in energy, industrials, and infrastructure testing. Comparable to TIC Solutions as a multi-vertical TIC incumbent serving enterprise clients on compliance and quality assurance.
• Bureau Veritas: Paris-based global TIC giant operating across marine, industry, inspection, certification, and government services. Comparable as a large-scale, diversified TIC platform competing with TIC Solutions for the same enterprise asset-integrity and compliance mandates.
• Applus Services (Applus+): Spanish global TIC company with operations across energy, industrials, and infrastructure testing and inspection. Comparable to TIC Solutions as a multi-region TIC peer with overlapping asset-integrity and certification offerings.

Direct peers

• ALS Limited: Australia-based testing, inspection, and certification provider with a strong asset care and industrial services practice. Comparable to TIC Solutions' laboratory testing, inspection, and asset-care service lines.
• TEAM Industrial Services: Specialty industrial services firm focused on NDT, inspection, heat treating, and field machining for energy and industrial clients. Direct overlap with TIC Solutions' Acuren-led field inspection and NDT core.
• Mistras Group: U.S.-based NDT and inspection services provider serving oil & gas, aerospace, infrastructure, and industrial markets. Directly comparable to TIC Solutions' Acuren business in nondestructive testing, inspection, and mechanical integrity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ticsolutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TIC Solutions