On October 5, 2025, Acuren Corp entered into a Securities Purchase Agreement for a private placement of 17,708,333 shares at $12.00 each and a warrant for 3,125,000 shares, raising approximately $250 million. The company plans to use the funds for general corporate purposes and will change its name to TIC Solutions, Inc. on October 10, 2025, effective trading under the new name starting October 13, 2025.