Gates Capital Boosts TIC Solutions Stake to $150 Million Even With Stock Down 24% This Past Year
2026-03-02 10:04:49 ET
On February 17, 2026, Gates Capital Management, Inc. disclosed a buy of 6,594,086 shares of TIC Solutions (NYSE:TIC) , with an estimated transaction value of $73.41 million based on quarterly average pricing.
According to a SEC filing dated February 17, 2026, Gates Capital Management, Inc. increased its position in TIC Solutions (NYSE:TIC) by 6,594,086 shares during the fourth quarter. The estimated value of the incremental shares acquired was $73.41 million, calculated using the average closing price for the quarter. The fund’s quarter-end position stood at 14,836,121 shares, with a reported value of $149.99 million, a net position change of $40.29 million from the prior period.
TIC Solutions delivers technical testing and inspection services to a broad range of clients in the U.S. and Canada. Its business model centers on providing specialized expertise for quality and compliance needs in critical infrastructure and industrial sectors.
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