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Tourlite Fund’s New Long Addition: TIC Solutions (TIC)
Yahoo Finance· 2025-11-20 13:53
Group 1 - Tourlite Capital Management reported a return of -2.0% for its Tourlite Fund, LP in Q3 2025, underperforming the S&P 500 and Russell 2000 Indexes which returned 8.1% and 12.4% respectively [1] - Since inception, the Tourlite Fund has achieved annualized returns of 8.6%, compared to 13.4% for the S&P 500 and 6.3% for the Russell 2000 [1] - The firm noted a rise in speculative, lower-quality stocks, reminiscent of trends observed in late 2021 [1] Group 2 - TIC Solutions, Inc. (NYSE:TIC), formerly known as Acuren Corporation, is highlighted as a critical asset integrity services provider [2][3] - TIC Solutions, Inc. experienced a one-month return of -24.26% and a 52-week decline of 8.67%, with its stock closing at $9.27 per share and a market capitalization of $2.045 billion on November 19, 2025 [2] - The company specializes in nondestructive testing (NDT), rope access solutions, and engineering and laboratory analysis, supporting critical infrastructure such as pipelines, refineries, power plants, and aerospace components [3]