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Stock impact report

NV5 Acquires Southport Engineering Associates; Strengthens Energy Efficiency and Building Technology Solutions in New York City

NV5 Global, Inc. (NVEE) 
Last nv5 global, inc. earnings: 2/26 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.nv5.com/investor-overview
Company Research Source: GlobeNewswire
HOLLYWOOD, Fla., Dec. 09, 2024 (GLOBE NEWSWIRE) -- NV5, a provider of technology, certification, and consulting solutions, announced today that it completed the acquisition of Southport Engineering Associates, a provider of turnkey energy efficiency, engineering design, and owner representation consulting on December 4, 2024. Founded in 1996, Southport Engineering serves clients in New York City and the surrounding area to meet regulatory and owner-imposed efficiency standards for facilities in the hospitality, educational, healthcare, industrial, gaming, and financial sectors.   The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings. “NV5 is pleased to welcome Southport Engineering to our buildings and technology platform with its tech-enabled solutions and energy-focused designs to assist building owners with meeting stringent standards for facility efficiency and occupant comfort,” said Dickerson Wright, PE, Executive Ch Show less Read more
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