Arlington Capital Partners Agrees to Sell Quantum Spatial to NV5 Global, Inc. for $303 Million
NV5 Global, Inc. (NVEE)
Last nv5 global, inc. earnings: 2/26 04:01 pm
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Source: Business Wire
WASHINGTON--(BUSINESS WIRE)--Arlington Capital Partners (“Arlington Capital”), a Washington, DC-based private equity firm, announced today that Quantum Spatial (“Quantum” or the “Company”) has executed a definitive agreement to be acquired by NV5 Global, Inc. (NASDAQ:NVEE) for $303 million. Quantum Spatial, one of the nation's largest independent geospatial data firms, provides geographic insights to government and corporate organizations that need geospatial intelligence to mitigate risk, plan for growth, better manage resources and advance scientific understanding.Peter Manos, a Managing Partner at Arlington Capital said, “Through significant investments in technology and people, Quantum Spatial has achieved significant organic growth during our ownership and solidified its role as the largest independent geospatial data firm in the United States. Quantum’s capabilities will complement NV5’s existing business lines and will unlock new opportunities for the combined business. We
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