Announced
Financials
Tags
Acquisition
Friendly
Pending
United States
Domestic
Information / Data Services
data analytics solutions
Single Bidder
Private
Majority
Synopsis
NV5 Global, a provider of technology, conformity assessment, and consulting solutions, agreed to acquire Aerial Filmworks, a provider of geospatial lidar, aerial imagery, and data analytics solutions to utilities, government agencies, and the environmental sector. Financial terms were not disclosed. “NV5 is the recognized national leader in tech-enabled, high-value utility services, and GEO1’s low and medium altitude analytics expertise complements and expands NV5’s offerings in utility and utility asset inspection, vegetation encroachment, and wildfire risk mitigation. GEO1 excels in the development of geospatial data innovations that deliver actionable insights to its clients, and we are pleased to deliver additional technology capabilities to our utility clients," Dickerson Wright, NV5 Chairman and CEO.
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