Announced
Completed
Financials
Tags
Software
software
Completed
Private
Domestic
Acquisition
Friendly
Single Bidder
Majority
United States
Synopsis
NV5, a provider of professional and technical engineering and consulting solutions, completed the acquisition of the geospatial software business from L3Harris, an American technology company. Financial terms were not disclosed. “This acquisition supports NV5’s expansion in a subscription-based geospatial product and service model and strengthens our role in supporting the nation’s defense and intelligence communities through geospatial information management and analytics. As the only provider of software solutions to analyze over 200 geospatial data types and comprehensive in-house LiDAR, topobathymetric LiDAR, and full ocean depth sonar capabilities, NV5 has built a distinct competitive advantage and robust platform to support accelerated organic growth,” Dickerson Wright, NV5 Chairman and CEO.
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