- Expands TIC Solutions’ capabilities and geographic reach across key end markets -
- Acquired businesses contribute a total of approximately $90 million of annualized revenue -
- Accretive to TIC Solutions’ "3/18/85" long-term financial targets -
TIC Solutions, Inc. (NYSE:TIC) (the "Company", "TIC" or "TIC Solutions"), a leading provider of tech-enabled asset integrity, engineering, and geospatial services, announced today that it has recently completed the acquisitions of we-do-IT, Inc. ("WDI"), GeoVerra Holdings Inc. ("GeoVerra"), and Core Group Limited ("Core Group") (collectively, the "Acquisitions").
The Acquisitions expand TIC Solutions’ technical capabilities and strengthen its presence across key markets and geographies, including Canada and Europe. The acquired businesses bring complementary technical expertise, long-standing customer relationships and experienced teams that are expected to support cross-selling and growth across TIC Solutions’ integrated platform. Together, the acquired businesses generate approximately $90 million of annualized revenue.
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