NVEE

Contract Awards: NV5 has secured $9 million in contracts to enhance wildfire mitigation and resiliency for utility clients across the U.S., focusing on asset risk assessments and vegetation management.

Stock Performance: Following the announcement, NVEE shares increased by 1.76%, reaching $19.03 in premarket trading.

Acquisition Details: NV5 Global has acquired CRS Survey to enhance its operations in North Carolina, using a mix of cash and stock, which will positively impact earnings immediately.

Market Reaction: Following the acquisition announcement, NV5's stock price decreased by 3.49% in premarket trading, settling at $18.21.

Acquisition Details: NV5 Global has acquired Herman Cx, a provider of commissioning services for hyperscale data centers, in a cash-and-stock deal that is expected to enhance NV5's earnings and capabilities in the domestic market.

Growth Potential: The acquisition is anticipated to create cross-selling opportunities within NV5’s existing services and contribute to its strategic growth in the data center sector, which has been generating over 20% organic growth.

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Acquisition Announcement: NV5 has agreed to acquire Group Delta, a California-based company specializing in infrastructure engineering and environmental PFAS services, enhancing its capabilities in large-scale projects.

Strategic Advantage: The merger is expected to provide NV5 with a competitive edge in pursuing significant electrical, water, and transportation infrastructure improvement projects across Southern California.

NV5 Global's Revenue Goals: NV5 Global aims to achieve $1.6 billion in annual revenue by 2028 through organic growth and strategic investments in technology and high-growth sectors.

Current Financial Status: The company has entered 2025 with a budget exceeding $1 billion in gross revenue, reflecting its commitment to growth driven by innovation and client value.

Appointment of New CEO: NV5 Global, Inc. has appointed Ben Heraud as the new Chief Executive Officer, effective immediately, while he has been with the company since 2017 in various roles.

Stock Performance: Following the announcement, shares of NV5 Global rose by 7% in pre-market trading, reaching $19.89 on the Nasdaq.

Stock Repurchase Announcement: NV5 plans to repurchase up to $20 million of its common stock, part of a larger $100 million stock repurchase program approved by its Board of Directors.

Current Trading Status: NVEE shares are trading at $19.24, reflecting a 2.50% increase or $0.47 on the Nasdaq.

Stock Repurchase Announcement: NV5 plans to repurchase up to $20 million of its common stock, part of a larger $100 million stock repurchase program approved by its Board of Directors.

Current Trading Status: NVEE shares are currently trading at $19.24, reflecting a 2.50% increase or $0.47 on the Nasdaq.

Contract Award: NV5 has been awarded a $5 million, five-year contract by the Georgia Department of Transportation to lead the Watkinsville Bypass project, which aims to improve traffic flow and connectivity in Oconee County, Georgia.

Company Overview: NV5 Global, Inc. specializes in technology, certification, and consulting solutions across various sectors, operating over 100 offices nationwide and focusing on infrastructure, utility services, and environmental health sciences.

Acquisition Announcement: NV5 has agreed to acquire Global Fire Protection Group, a fire safety engineering and consulting firm, enhancing its service offerings in fire protection across various sectors including data centers and healthcare.

Strategic Growth: The acquisition is expected to be immediately beneficial to NV5's earnings and allows Global FPG to access larger projects, leveraging NV5's resources for growth and career opportunities.

Acquisition Announcement: NV5 Global, Inc. has acquired Global Fire Protection Group, enhancing its fire safety engineering and consulting services, which will positively impact earnings immediately.

Global FPG Overview: Founded in 2014, Global FPG operates across all U.S. states and eight Canadian provinces, specializing in fire protection for sectors like data centers and healthcare, with a global project footprint in 39 countries.

Acquisition Announcement: NV5 has agreed to acquire Global Fire Protection Group, a fire safety services provider licensed in all U.S. states and eight Canadian provinces, enhancing its service offerings globally.

Financial Impact: The acquisition will be financed through cash and stock, and is expected to positively impact NV5's earnings immediately.

Acquisition Announcement: NV5 has acquired Southport Engineering Associates, a firm specializing in energy efficiency and engineering design, enhancing NV5's capabilities in the Northeast and expected to boost earnings immediately.

Strategic Integration: The acquisition is anticipated to create cross-selling opportunities for NV5's technology services, leveraging Southport Engineering's established client relationships and comprehensive service offerings in building efficiency.

Acquisition Details: NV5 Global has acquired Southport Engineering Associates, enhancing its energy efficiency and engineering design services, with the deal being immediately beneficial to earnings.

Market Positioning: The acquisition aligns with NV5's strategy of organic growth through tech-enabled services, allowing for improved client partnerships and project replication.

Validea's Upgrades: Validea's Price/Sales Investor model, based on Kenneth Fisher's strategy, has upgraded UniFirst Corp (UNF) from 58% to 80% and NV5 Global Inc (NVEE) from 68% to 90%, indicating strong interest in both stocks due to their fundamentals and valuations.

Company Profiles: UniFirst provides workplace uniforms and protective clothing across various segments, while NV5 Global offers technology and consulting solutions for infrastructure and utility services, highlighting their respective market roles.

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Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, benefiting from exclusive stories and alerts generated by Benzinga reporters.

Geospatial Contracts Awarded: NV5 Global, Inc. has secured $26 million in geospatial contracts from electric and gas utilities to enhance utility infrastructure, asset management, and vegetation management across approximately 80,000 miles of energy distribution using AI data solutions.

Technological Innovations: The company will employ its advanced AI-based image recognition and proprietary sensor platforms to improve operational efficiency and reliability of electrical assets, with projects expected to be completed within the next year.

Acquisition Announcement: NV5 Global, Inc. has acquired Kisebach Consulting and Senergy BCS to enhance its data center commissioning and energy management capabilities, aiming to accelerate organic growth in the domestic data center market.

Business Focus: The acquisitions are expected to leverage the expertise and client relationships of the new companies to meet increasing demands for AI data center capacity, cooling, and energy efficiency.

Acquisition Announcement: NV5 Global has acquired Kisebach Consulting and Senergy BCS, two companies specializing in data center commissioning and energy management.

Growth Strategy: This acquisition aims to enhance NV5's organic growth in the data center market, although the financial details of the deal were not disclosed.