On February 17, 2026, Gates Capital Management, Inc. disclosed the purchase of 6,594,086 shares. TIC Solutions (NYSE:TIC)Based on the quarterly average price with an estimated transaction value of $73.41 million.
According to an SEC filing on February 17th, 2026, Gates Capital Management, Inc. increased its position in . TIC Solutions (NYSE:TIC) by 6,594,086 shares during the 4th quarter. The estimated value of the incremental shares received was $73.41 million, calculated using the average closing price for the quarter. At the end of the quarter the fund’s position was 14,836,121 shares, with a reported value of $149.99 million, a net position change of $40.29 million from the previous period.
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The purchase brings TIC Solutions to 3.95% of the fund’s 13F reportable AUM through December 31, 2025.
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Top properties after filing:
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NYSE:ATKR: $172.87 million (6.0% of AUM)
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NYSE:DAR: $170.79 million (5.9% of AUM)
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NYSE:CARR: $170.17 million (5.9% of AUM)
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NYSE:SPGI: $150.27 million (5.2% of AUM)
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NYSE:FTV: $134.81 million (4.7% of AUM)
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As of February 17, 2026, TIC Solutions’ stock price was $9.34, down nearly 24% over the past year, compared to a nearly 16% gain for the S&P 500.
|
Matric |
value |
|---|---|
|
Revenue (TTM) |
1.10 billion dollars |
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net income (TTM) |
($121.16 million) |
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Price (close to market on February 17, 2026) |
$9.34 |
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TIC Solutions provides non-destructive testing, inspection, engineering and laboratory testing services in the United States and Canada.
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The company operates in the specialized business services industry, focusing on technical testing and auditing.
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It serves industrial and commercial customers looking for unique quality assurance and compliance solutions.
TIC Solutions provides technical testing and inspection services to a wide range of clients in the United States and Canada. Its business model centers on providing specialized expertise for quality and compliance requirements in critical infrastructure and industrial sectors.
The move capitalizes on a company that is quietly transforming itself to scale. TIC Solutions is no longer an exclusive inspection player. After completing its NV5 integration, it reported third-quarter revenue of $473.9 million and adjusted EBITDA of $77.3 million, up 51% year over year. Management raised its cost consensus target by $25 million and reaffirmed full-year revenue guidance to $1.565 billion from $1.53 billion.
The stock is trading around $9.34, down nearly 24% over the past year, while the S&P 500 is up about 16%. This gap tells you that emotions are cautious. The balance sheet has meaningful leverage, with term debt of more than $1.6 billion, but liquidity at the end of the quarter was close to $283 million.
In a broader portfolio, the position sits under large allocations to industrial names like Atcor, Darling Components, and Carrier, suggesting mid-cap calculations and not a bullish bet for the cut. For long-term investors, the question is simple: Can recurring, compliance-based testing revenue and integration synergies translate into sustainable cash flow? If the implementation of the merger continues, today’s share price depression can be seen less as a warning and more like an entry point. The company reports full-year results on March 12.
