Latham & Watkins Advises on Acuren Corporation’s US$250 Million Private Placement

Acuren Corporation (the Company) (NYSE: TIC), which has announced its intention to rebrand as TIC Solutions, Inc., announced that it has entered into a definitive agreement to sell US$250 million of the Company’s securities in a private placement to an existing investor. Pursuant to the terms of the agreement, the Company will sell approximately 20.8 million shares of its common stock at US$12 per share (or in lieu thereof, pre-funded warrants to purchase common stock). The private placement is expected to close on or about October 7, 2025, subject to customary closing conditions. The Company intends to use the proceeds from the private placement for general corporate purposes.

Latham & Watkins LLP represented the placement agent for the private placement with a Capital Markets team led by Houston partner Ryan Maierson, with associates Kenneth (KC) Sands and Ryan Hudson. Houston partner Jared Grimley advised on tax matters.