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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The following table summarizes the preliminary estimated fair value of consideration transferred and the preliminary estimated fair values of the assets acquired and liabilities assumed at the date of the NV5 Acquisition:
Total
Cash consideration$870,911 
Equity consideration768,304 
Replacement of share-based awards29,744 
Total consideration$1,668,959 
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents$58,958 
Accounts receivables186,228 
Contract assets123,428 
Prepaid expenses and other current assets33,536 
Property and equipment80,557 
Operating lease right-of-use assets33,464 
Intangible assets720,000 
Other assets4,560 
Accounts payable(40,350)
Accrued expenses and other current liabilities(98,830)
Contract liabilities(47,694)
Other liabilities(10,569)
Deferred tax liabilities(97,935)
Lease liabilities(39,908)
Total identifiable net assets acquired$905,445 
Goodwill$763,514 
The following table summarizes the fair value of consideration transferred and the estimated fair values of the assets acquired and liabilities assumed at the Closing Date:
Total
Cash consideration$1,871,642 
Equity consideration4,000 
Total estimated consideration$1,875,642 
Recognized amounts of identifiable assets acquired and liabilities assumed
Cash and cash equivalents49,456 
Accounts receivables, net270,849 
Prepaid and other current assets9,302 
Property, plant and equipment, net199,760 
Lease assets27,530 
Intangible assets, net775,000 
Other assets13,674 
Deferred tax asset813 
Accounts payable(17,035)
Accrued expenses and other current liabilities(76,446)
Deferred tax liability(167,944)
Lease obligations(54,900)
Other liabilities(20,016)
Total identifiable net assets1,010,043 
Goodwill$865,599 
Summary of Fair Value of the Identifiable Intangible Assets
The following table summarizes the preliminary fair value of the identifiable intangible assets:
Total
Customer relationships$590,000 
Customer backlog88,000 
Trade name39,000 
Developed technology3,000 
Total intangible assets$720,000 
The following table summarizes the fair value of the identifiable intangible assets:
Total
Customer relationships
$670,000 
Trade names and trademarks
100,000 
Technology
5,000 
Total intangible assets
$775,000 
Summary of Pro Forma Consolidated Financial Information Reflects the Results of Operations These amounts are based on financial information of the NV5 business and are not necessarily indicative of what the Company’s operating results would have been had the NV5 Acquisition and related financing taken place on January 1, 2024.
Year Ended
December 31, 2025December 31, 2024
Revenue$2,111,086 $2,038,658 
Net loss$(116,634)$(201,538)
These amounts are based on financial information of ASP Acuren and is not necessarily indicative of what Company’s operating results would have been had the Acuren Acquisition and related financing taken place on January 1, 2023.
Year Ended
December 31, 2024December 31, 2023
Net revenue$1,097,393 $1,050,057 
Net loss(26,075)(155,315)