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) and NV5 Global (NASDAQ: NVEE) have announced a merger agreement creating a leading global Testing, Inspection, Certification and Compliance (TICC) and Engineering Services firm with $2 billion+ combined revenue. Under the deal, NV5 stockholders will receive $23.00 per share ($10.00 in cash and $13.00 in Acuren stock), representing a 32% premium. The $1.7 billion transaction is expected to close in H2 2025.
The merger will result in current Acuren stockholders owning ~60% and NV5 stockholders ~40% of the combined company. The deal is expected to be immediately accretive with $20 million in near-term cost synergies and substantial revenue synergy potential. The combined 2024 adjusted EBITDA is projected at $350 million post synergies.
NV5 (NVEE) has announced the winners of its 2025 National Society of Black Engineers (NSBE) scholarship awards. Ten outstanding scholars were selected from various prestigious universities, pursuing degrees in civil, electrical, and mechanical engineering, geomatics, and computer science. The scholarship recipients were chosen based on personal essays, academic achievements, community involvement, and professional endorsements.
The NSBE, founded in 1975, is one of the largest student-governed organizations in the United States, focusing on empowering collegiate, pre-collegiate students, and technical professionals. Dr. Carl Henderson, Chief Diversity Officer of NV5, expressed pride in supporting these future engineers and their potential impact on the business and engineering community.
NV5 Global (Nasdaq: NVEE), a tech-enabled engineering, certification, and consulting solutions provider, has scheduled its Q1 2025 earnings conference call for Thursday, May 1, 2025, at 4:30 p.m. ET. The financial results for the quarter ended March 29, 2025, will be released after market close on the same day.
The earnings call will be led by NV5's leadership team, including Executive Chairman Dickerson Wright, CEO Ben Heraud, and CFO Edward Codispoti, followed by a Q&A session. Participants can join via phone using the toll-free number +1 (800) 715-9871 or international number +1 (646) 307-1963 with Conference ID 2719957. A webcast will be available at ir.nv5.com.
NV5 (NVEE) has secured a $15 million contract for construction management services in the first phase of the North County Corridor project in Stanislaus County, California. The project aims to enhance regional mobility and reduce congestion through a partnership between local governments and Caltrans.
Phase one includes constructing a modern multi-lane expressway featuring a single-point urban interchange, pedestrian enhancements, and infrastructure improvements. The scope encompasses upgrades to local roads, construction of seven bridges, and mechanically stabilized embankment walls. Construction will commence in May 2025 with an expected three-year completion timeline.
NV5 (NVEE) has secured $9 million in geospatial utility contracts focused on wildfire mitigation across the United States. The contracts include significant projects with major utility clients:
A Texas utility selected NV5 for vegetation management covering 14,210 line miles of LiDAR data collection and integration of 4,870 miles of existing data. In Northern California, an investor-owned utility expanded NV5's Annual Transmission Vegetation Management contract to assess tree health in high fire-risk areas. Additionally, a Western utility contracted NV5 for geospatial remote sensing data collection to enhance asset and vegetation risk assessments.
The company will utilize its proprietary INSITE cloud-based platform for data management and delivery, implementing advanced remote sensing technologies to improve wildfire prevention and grid reliability.
NV5 (NVEE) has announced the acquisition of CRS Survey PLLC, a Charlotte-based provider of land surveying and mapping services, to strengthen its North Carolina infrastructure capabilities. The deal, completed through a combination of cash and stock, will be immediately accretive to NV5's earnings.
CRS Survey specializes in conventional and geospatial aerial surveys supporting roadway and bridge maintenance. The company serves public and private sector clients across the Charlotte metropolitan area, Greensboro, and Winston-Salem regions.
This strategic acquisition builds upon NV5's 20-year leadership in infrastructure design and Testing, Inspection, and Certification (TIC) services for the North Carolina Department of Transportation (NCDOT) and local municipalities. The move addresses increasing demand for surveying services driven by new technologies adoption and licensed surveyor shortages.
NV5 (NVEE) has completed the acquisition of Herman Cx, a provider of commissioning and conformity assessment services for hyperscale data centers. The acquisition, made through a combination of cash and stock, will be immediately accretive to NV5's earnings.
Herman Cx, founded in 2016, specializes in supporting data center infrastructure for U.S. technology companies, financial services sector, and co-location data centers. The company has commissioned hyperscale data center infrastructure up to 175 megawatts and provides all five levels of mission critical testing and commissioning.
The strategic acquisition strengthens NV5's domestic data center business, particularly in commissioning capabilities. The data center sector has been generating over 20% organic growth for NV5, with the acquisition expected to create cross-selling opportunities across MEP-technology design, fire protection, and power delivery services, while providing a recurring revenue stream.
NV5 Global (Nasdaq: NVEE) has secured $18 million in new data center design and commissioning contracts across the United States and Asia. The company will implement high-efficiency cooling and power distribution testing, inspection, certification, and design solutions for both new and retrofitted facilities.
The contracts strengthen NV5's position in the data center sector, particularly in developing infrastructure for cloud computing and AI operations. The company has achieved a significant milestone of surpassing one gigawatt (GW) of global data center systems design and commissioning. NV5's services include innovative solutions such as immersion cooling and AI-driven thermal management to help clients scale their data center capabilities sustainably.
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