NV5 Acquires Forensics Engineering Business from GHD, Strengthening Capabilities in Florida and the Southeast
NV5 Global, Inc. (NVEE)
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Source: GlobeNewswire
HOLLYWOOD, Fla., Nov. 11, 2019 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it has acquired the forensics engineering business of GHD Group (“GHD”). The acquisition of GHD’s forensics engineering business adds 57 employees in Florida, Tennessee, and Texas who specialize in the provision of engineering, scientific investigation, litigation support, construction consulting, and estimating services to national and regional insurers for claims involving residential and commercial properties. The acquisition was an all-cash transaction and will be immediately accretive to NV5’s earnings. “The addition of GHD’s forensics engineering business to our existing forensics group makes us one of the nation’s leading forensics consultants and expands our capabilities in a specialized, high-margin service offering throughout the Southeast market. We now have
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