Permian Investment Partners, LP Reports 9.9% Stake in TIC Solutions, Inc.

On April 7, 2026, Permian Investment Partners, LP, and its affiliated entities filed a Schedule 13G/A disclosing a significant stake in TIC Solutions, Inc. (TIC). As of the event date of February 14, 2025, the reporting persons collectively beneficially own 21,945,094 shares of Common Stock, representing 9.9% of the shares outstanding. The filing is a joint statement by Permian Investment Partners, LP, acting as the investment adviser, alongside Permian Master Fund, L.P., Permian Nautilus Master Fund, LP, Permian Treble Master Fund, LP, and Permian GP, LLC. The shares are held across various Permian Funds and managed accounts, with Permian Investment Partners exercising shared voting and dispositive power. Specifically, Permian GP, LLC is deemed to beneficially own 12,402,171 shares (5.6%). The reporting persons certified that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This filing marks an increase from a previously reported 0% position, establishing Permian as a major institutional shareholder.