About Acuren
Acuren is a company based in Akron (United States) founded in 1990 was acquired by Admiral Acquisition in May 2024.. The company has 2,830 employees as of December 31, 2022. Acuren has completed 2 acquisitions, including Eclipse Scientific and Premium Inspection & Testing. Acuren offers products and services including Engineering Services and Inspection Services.
- Headquarter Akron, United States
- Employees 2830 as on 31 Dec, 2022
- Stage Public
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Phone
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Website
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Social
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- Legal Name Acuren Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
2830
as on Dec 31, 2022
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Investments & Acquisitions
Eclipse Scientific
& 1 more
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Acquired by
Admiral Acquisition
(May 01, 2024)
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IPO & Listings of Acuren
Acuren is a publicly listed company on the NYSE with ticker symbol TIC in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Acuren
Acuren offers a comprehensive portfolio of products and services, including Engineering Services and Inspection Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Engineering services are provided to assess and validate the performance of critical components in various industries.
Inspection services are conducted using advanced techniques like ultrasonics and radiography to identify issues in assets.
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Software Development Team
37 people
Leadership Team
15 people
Operations Team
14 people
Human Resources and Administration
13 people
Division Team
12 people
Sales and Marketing
8 people
Senior Team
6 people
GM Team
5 people
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Funding Insights of Acuren
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Acuren
Acuren has secured backing from 1 investor. Prominent investors backing the company include Admiral Acquisition. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Acquisitions in multiple sectors are targeted by blank check company.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Acuren
Acuren has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Eclipse Scientific and Premium Inspection & Testing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Non-destructive testing and inspection services for high-value assets are offered.
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2013 | ||||
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Ultrasonic scanning equipment is provided for industrial applications.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Acuren
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acuren Comparisons
Competitors of Acuren
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Acuren
Frequently Asked Questions about Acuren
When was Acuren founded?
Acuren was founded in 1990.
Where is Acuren located?
Acuren is headquartered in Akron, United States. It is registered at Akron, Ohio, United States.
Who is the current CEO of Acuren?
Bill Nixon is the current CEO of Acuren.
How many employees does Acuren have?
As of Dec 31, 2022, the latest employee count at Acuren is 2,830.
What does Acuren do?
Acuren was established in 1990 and is headquartered in Akron, United States. Operations focus on the industrial services sector, where nondestructive testing and condition-based monitoring are provided to assess material integrity and equipment performance. These services support industries such as manufacturing and energy, with inspections conducted across various sites in North America. Leadership is headed by CEO and Managing Director Bill Nixon.
What products or services does Acuren offer?
Acuren offers Engineering Services and Inspection Services.
Is Acuren publicly traded?
Yes, Acuren is publicly traded on NYSE under the ticker symbol TIC.
How many acquisitions has Acuren made?
Acuren has made 2 acquisitions, including Eclipse Scientific, and Premium Inspection & Testing.
Who are Acuren's investors?
Acuren has 1 investor. Key investors include Admiral Acquisition.
What is Acuren's ticker symbol?
The ticker symbol of Acuren is TIC on NYSE.