NV5 Acquires CHW Professional Consultants, Strengthening Florida Infrastructure Design and Survey Services
25 Januar 2024 - 2:00PM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq:
NVEE), a provider of technology, conformity assessment,
and consulting solutions, announced today that it has acquired CHW
Professional Consultants (CHW), a leading provider of engineering
and infrastructure consulting services in Florida. Founded in 1988,
CHW operates out of four offices in Gainesville, Ocala,
Jacksonville, and Fort Myers, complementing NV5’s existing Florida
offices by bringing full-service engineering capabilities and
densifying NV5’s platform throughout the state.
CHW’s 130 employees specialize in surveying and mapping, civil
and transportation engineering, landscape architecture, program
management, planning, and environmental services. The company’s
target sectors include transportation authorities, utilities,
healthcare, educational institutions, and private sector
development.
“The acquisition of CHW strengthens our ability to support
infrastructure and development in the fastest growing regions of
Florida and gives NV5 access to premier public and private sector
clients,” said Dickerson Wright, PE, Chairman and CEO of NV5.
“CHW’s technical expertise and strong leadership team will deliver
expanded services to our clients and enhanced drivers for
accelerated organic growth throughout the state.”
“We are pleased to join NV5 as it gives our clients access to
new services and technical expertise and will provide exciting
career growth opportunities for our valued CHW team members,” said
Robert Walpole, CEO and President of CHW.
About CHW Professional ConsultantsCHW
Professional Consultants is a full-service civil consulting company
headquartered in Gainesville, Florida. For over 35 years, CHW
surveyors, planners, designers, engineers, and inspectors have
delivered expertise to support essential infrastructure and
development for communities they serve. For additional information,
please visit www.chw-inc.com.
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of technology, conformity assessment, and consulting
solutions for public and private sector clients supporting
sustainable infrastructure, utility, and building assets and
systems. The Company focuses on multiple verticals: testing,
inspection & consulting, infrastructure engineering, utility
services, buildings & program management, environmental health
sciences, and geospatial technology services to deliver innovative,
sustainable solutions to complex issues and improve lives in our
communities. NV5 operates out of more than 100 offices nationwide
and abroad. For additional information, please visit the Company’s
website at www.NV5.com. Also visit the Company
on LinkedIn, Twitter, Facebook,
and Instagram.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. The Company cautions that these
statements are qualified by important factors that could cause
actual results to differ materially from those reflected by the
forward-looking statements contained in this news release. Such
factors include: (a) changes in demand from the local and state
government and private clients that we serve; (b) general economic
conditions, nationally and globally, and their effect on the market
for our services; (c) competitive pressures and trends in our
industry and our ability to successfully compete with our
competitors; (d) changes in laws, regulations, or policies; and (e)
the “Risk Factors” set forth in the Company’s most
recent SEC filings. All forward-looking statements are
based on information available to the Company on the date hereof,
and the Company assumes no obligation to update such statements,
except as required by law.
Investor Relations Contact
NV5 Global, Inc.Jack CochranVice President, Marketing &
Investor RelationsTel: +1-954-637-8048Email: ir@nv5.com
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