Welcome to our dedicated page for Nv5 Global news (Ticker: NVEE), a resource for investors and traders seeking the latest updates and insights on Nv5 Global stock.
This page provides historical news coverage for NV5 Global, Inc. (formerly traded on Nasdaq under the symbol NVEE), a company that public disclosures describe as a provider of tech-enabled engineering, testing, inspection, certification, and consulting solutions for the built environment. The news items here document NV5’s activities before and around its merger with Acuren Corporation.
According to recent press releases, NV5 focused on engineering design, asset management, and geospatial data analytics to support infrastructure resilience and building systems performance. News articles highlight awards from the National Oceanic and Atmospheric Administration (NOAA) for shoreline mapping and coastal resilience, contracts with the New York City Department of Parks and Recreation for park and recreation facility improvements, and engineering work on high-voltage substations serving data center facilities in U.S. markets.
Other coverage includes NV5’s expansion in the data center sector, including activities in South Korea and other international regions, and acquisitions such as Professional Systems Engineering, LLC, which added specialized technology design capabilities for high-security public sector facilities. These stories illustrate how NV5 combined engineering, geospatial, and technology services across infrastructure, public sector, and data center markets.
Later news and SEC-related announcements track the progression and completion of NV5’s merger with Acuren Corporation, including stockholder approvals, the effectiveness of the merger registration statement, and the closing of the transaction. Together, these articles offer investors and researchers a record of NV5’s strategic direction, project wins, and corporate transformation leading up to the delisting of NVEE from Nasdaq and the company’s integration into Acuren.
Acuren Corporation (NYSE: TIC) has successfully completed its merger with NV5 Global, Inc. (NASDAQ: NVEE), creating a market-leading North American provider of Testing, Inspection, Certification, and Compliance (TICC) services with over $2 billion in revenue.
The transaction, valued at approximately $1.7 billion, offers NV5 stockholders $23.00 per share through a combination of $10.00 in cash and 1.1523 shares of Acuren Common Stock. The combined entity will operate through three segments: Inspection and Mitigation, Engineering and Lab, and Geospatial, serving diverse sectors including infrastructure, energy, utilities, and government across 230+ locations with 11,000+ employees.
Key leadership changes include Ben Heraud, former NV5 CEO, joining as President and COO, while Dickerson Wright and Byron Roth join the Board of Directors. The company expects significant synergies through cross-selling and aims to reduce leverage to below three times net.
NV5 Global (Nasdaq: NVEE) announced that its stockholders have approved the proposed merger with Acuren Corporation. Under the merger agreement dated May 14, 2025, NV5 stockholders will receive $23.00 per share, consisting of $10.00 in cash and $13.00 in Acuren common stock, subject to a 10% collar adjustment.
Post-merger ownership structure will see pre-merger NV5 stockholders owning approximately 40% of the combined company, while pre-merger Acuren stockholders will own about 60%. The transaction is expected to close in August 2025, subject to customary closing conditions.
Acuren Corporation (NYSE: TIC) announced the completion of the 60-day go-shop period related to its previously announced merger agreement with NV5 Global, Inc. (Nasdaq: NVEE). During this period, which ended at 11:59 p.m. ET on July 14, 2025, NV5 was allowed to seek and negotiate with other potential acquirers, but no superior proposals were received.
The merger transaction is anticipated to close in August 2025, subject to stockholder approval from both companies, regulatory approvals, and other customary closing conditions.
NV5 (NASDAQ:NVEE) has announced the acquisition of Professional Systems Engineering (PSE), a Philadelphia-based specialist in designing facility technologies for corrections and public safety infrastructure. PSE, established in 1986, brings expertise in security, safety, fire, and communication systems design for high-security public sector facilities.
The acquisition, funded through a combination of cash and stock, will be immediately accretive to NV5's earnings. PSE maintains significant contracts with state, local, higher education, and special development agencies across New York, New Jersey, and Pennsylvania. This strategic move strengthens NV5's position in the specialized building technology sector and provides opportunities for nationwide expansion through the NV5 network.
Acuren Corporation (NYSE: TIC) announced that the SEC has declared effective its Form S-4 registration statement related to the proposed merger with NV5 Global, Inc. (Nasdaq: NVEE). The company will hold its 2025 Annual Meeting virtually on July 31, 2025, where stockholders will vote on several proposals, including the approval of share issuance for the merger.
The definitive joint proxy statement/prospectus will be mailed to stockholders of record as of June 30, 2025, starting around July 1, 2025. The meeting will address key proposals including the Acuren Stock Issuance Proposal, election of directors, appointment of auditors, and approval of the 2025 Employee Stock Purchase Plan.
Acuren, a leading provider of critical asset integrity services specializing in Testing, Inspection, Certification, and Compliance (TICC), continues to expect the transaction to close in the second half of 2025.
NV5 (NASDAQ:NVEE) has secured engineering design and construction management contracts worth over $20 million from the New York City Department of Parks and Recreation. The contracts focus on supporting improvements to parks and recreation facilities across New York City's more than 1,700 parks and recreational spaces.
The company will deploy its engineers, landscape architects, inspectors, and construction managers to support the reconstruction and renovation of recreation centers, greenways, sports facilities, parks, playgrounds, and public open spaces throughout the city. This award extends NV5's 20-year relationship with the NYC Parks Department, which oversees over 30,000 acres and more than 5,000 individual properties.
NV5 (NVEE) has secured a two-year, $10 million statewide contract from the North Carolina Department of Transportation (NCDOT) to provide comprehensive geospatial and utility services. The contract encompasses advanced data collection and mapping solutions, including GPS services, laser scanning, aerial imaging using unmanned aerial systems (UAS), and elevation data acquisition. NV5 will also deliver aerial mapping control, route location surveys, and subsurface utility engineering to support transportation project planning. The company will provide dedicated UAS operators and operations management to maintain aerial data quality.
NV5 (NVEE) announced its strategic expansion into the South Korean data center market through the inclusion of SA Bricks, a specialist in commissioning and energy marshalling for data center infrastructure. NV5 has been executing data center projects in Southeast Asia and South Korea since 2014. The expansion positions NV5 for accelerated organic growth in Korea's data center market, which is experiencing strong growth driven by Korean and international technology companies' investments in cloud computing and AI infrastructure.
With this expansion, NV5's data center business now operates in 15 countries across North America, Asia, Australia, and the Middle East. The move comes in response to requests from U.S. technology sector clients seeking support for their Korean hyperscale data center infrastructure investments.
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