Karandeep Singhania's questions to ACUREN (TIC) leadership • Q2 2025
Question
Karandeep Singhania of UBS Group, on behalf of Josh Chan, asked for more detail on the potential for NV5 cost synergies beyond the initial $20 million estimate, particularly in areas outside of corporate functions.
Answer
CFO Kristin Schultes stated that while it is still early, the team is increasingly excited about both revenue and cost opportunities and will provide a refined, bottoms-up synergy number in November. Executive Chairman Robert Franklin added that the synergy strategy is comprehensive, aiming to optimize and cross-sell services from the corporate level down to the local branch level across all regions.