What a Billionaire Family Office's $16.6 Million Exit From TIC Solutions Signals for Long-Term Investors
A patient, partnership-driven family office didn’t wait for fundamentals to break before walking away, and that timing may matter more than the sale itself.New York City-based Wildcat Capital Management sold out its position in TIC Solutions, Inc. (TIC +0.09%) during the third quarter, reducing exposure by 1.5 million shares with a net change of $16.56 million, according to a November 13 SEC filing.What HappenedAccording to a filing with the Securities and Exchange Commission dated November 13, Wildcat Capi ...