NV5 Strengthens South Korea Data Center Capabilities; Positioned for Accelerated Organic Growth

Rhea-AI Summary

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.

Positive

• Strategic expansion into South Korea's growing data center market through SA Bricks inclusion
• Existing track record of successful data center projects in Southeast Asia and South Korea since 2014
• Expansion driven by direct client requests from U.S. technology sector
• Geographic presence expanded to 15 countries across multiple continents
• Strong ongoing demand for data center design and commissioning services in U.S. and international markets

Negative

• None.

HOLLYWOOD, Fla., May 21, 2025 (GLOBE NEWSWIRE) -- NV5, a provider of tech-enabled engineering, certification, and consulting solutions, announced today its strategic expansion into the South Korean data center market with the inclusion of SA Bricks, a leading specialist in commissioning and energy marshalling for data center infrastructure. NV5 has successfully executed several data center design and commissioning projects across Southeast Asia and South Korea since 2014, and the addition of SA Bricks positions NV5 for accelerated organic growth in Korean data center market.  

The South Korean data center market is experiencing strong growth driven by Korean and international technology company investments to support the growing demand for cloud computing and AI. With the expansion into the South Korean market, NV5’s data center business now operates in 15 countries across North America, Asia, Australia, and the Middle East.

Ben Heraud, CEO of NV5, added, “Demand for NV5’s data center design and commissioning services continues to be strong for hyperscale data centers in the U.S. and international markets, and this entry into the South Korean market is our latest expansion into high-growth regions for data center infrastructure.”

Gary Hui, COO of NV5 Data Center Division, stated, “Our expansion into South Korea is a direct result of requests from U.S. technology sector clients to support their Korean hyperscale data center infrastructure investments.   Our resources in Korea and Southeast Asia position us well to support this growth and drive accelerated organic growth for NV5.”  

About NV5

NV5 Global, Inc. (NASDAQ: NVEE) is a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions for the built environment. The Company specializes in engineering design, asset management, and geospatial data analytics to support infrastructure resilience and building systems performance throughout the entire asset lifecycle. NV5 operates out of more than 100 offices nationwide and abroad. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on X, LinkedIn, and Facebook.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.

Investor Relations Contact

NV5 Global, Inc.

Jack Cochran

Vice President, Marketing & Investor Relations

Tel: +1-954-637-8048

Email: ir@nv5.com

Source: NV5 Global, Inc.

FAQ

What is NV5's (NVEE) expansion strategy in South Korea's data center market?

NV5 is expanding in South Korea through the inclusion of SA Bricks, a specialist in data center commissioning and energy marshalling, to support U.S. technology clients' hyperscale data center infrastructure investments in the region.

How many countries does NV5's data center business operate in as of 2025?

NV5's data center business operates in 15 countries across North America, Asia, Australia, and the Middle East.

What is driving the growth of South Korea's data center market?

The growth is driven by Korean and international technology company investments to support increasing demand for cloud computing and AI infrastructure.

When did NV5 begin its data center operations in Southeast Asia and South Korea?

NV5 has been executing data center design and commissioning projects across Southeast Asia and South Korea since 2014.