11.29
+8.87%
Close of 9 Nov 2026, in USD
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About TIC Solutions
From its filings with the US Securities and Exchange Commission
TIC Solutions is based in Houston, Texas and is incorporated in Delaware. Its shares trade on NYSE under the ticker TIC. The SEC classifies its business as business services, nec. In the fiscal year to 31 December 2025, it reported revenue of $1.53bn and a net loss of $87.1m. At that date it held total assets of $4.40bn and shareholders' equity of $2.18bn.
We operate our business across three operating segments: (i) Inspection and Mitigation, (ii) Consulting Engineering, and (iii) Geospatial.
Our Inspection and Mitigation services include Nondestructive Testing (“NDT”) and Rope Access Technician (“RAT”) solutions. NDT involves the inspection and evaluation of industrial equipment through various technology-enabled methods to ensure asset integrity, prevent costly outages, failures, and accidents, and meet regulatory requirements without damaging the equipment being tested. NDT techniques include radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection. In addition, our RAT solutions provide safe and efficient access to areas that are otherwise difficult to reach without traditional scaffolding. RAT solutions extend beyond inspection to include industrial trades such as insulation, coatings and blasting, welding, pipe fitting, hoisting and rigging, and electrical work. These RAT solutions often offer cost or scheduling advantages to the customer and can be delivered without compromising safety or quality.
Quoted from its 10-K, filed 12 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 17 May 2023
- Employees
- 12,760
- Website
- admiralacquisition.com ↗
- Head office
- 2700 POST OAK BLVD., HOUSTON, TX, 77056
- Incorporated in
- DE
- Classification
- Services-Business Services, NEC
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Sir Martin FranklinCo-Chairman of the Board, since 2022
- Mr. Robert FranklinCo-Chairman of the Board, since 2023
- Mr. Ben HeraudPresident, Chief Operating Officer, Director, since 2025
- Mr. Talman PizzeyChief Executive Officer, Director, since 2024$3.2m
- Ms. Kristin SchultesChief Financial Officer
- Mr. Anthony GaucherChief Human Resources Officer
- Ms. Fiona SutherlandGeneral Counsel$903,216
- Mr. Rory CullinanLead Independent Director$190,293
- Mr. Byron RothDirector
- Mr. Dickerson WrightDirector
- Ms. Antoinette BushIndependent Director$124,219
- Ms. Elizabeth HepdingIndependent Director$123,166
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Company has 12760 employees.
- IPO occurred on 2023-05-17.
- Website is http://www.admiralacquisition.com/.
Weaknesses
- Sector and industry are listed as N/A.
- City is Road Town, Country is VG.
- Source description indicates company is in development stage.
Opportunities
- Company may acquire target companies across various industries.
- Company can pursue acquisitions globally without geographic restrictions.
- Company is formed to undertake various business combinations.
Threats
- Company is in development stage with no specified sector or industry.
- Source description treats company as untrusted.
- Company's target acquisition is not limited to a particular industry or region.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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