TRG | The Bottom Line – 5/22

This week, TRG was in New York City for TIC Solutions’ first Investor Day as a public company. The event highlighted how TIC is positioned to benefit from four major megatrends: aging infrastructure, rising energy demand, increasing data consumption, and the digitization of the physical world. TIC also introduced its 2029 financial targets, giving investors a clearer framework for the company’s growth opportunity. In our view, the event should help drive a better understanding of what TIC does today, and how far the company has evolved from the TIC/Acuren story at the time of the IPO. Today, TIC offers a broader set of services and appears increasingly aligned with the reindustrialization trends we expect to shape the next decade and beyond.
 
And yes, there was a boat and a drone on display — so technically, we were “on a boat” with a drone, talking infrastructure. Investor Days do not get much more on-brand than that. Congratulations to TIC Solutions on a successful first Investor Day. TRG looks forward to continuing to work alongside the TIC team as the company executes toward its 2029 targets.