Announced

Acuren to merge with NV5 Global for $1.7bn.

Synopsis

Acuren, a provider of asset integrity and TICC services, agreed to merge with NV5 Global, a company specializing in engineering, testing, and geospatial consulting for infrastructure and building systems, for $1.7bn. “This is a watershed moment for Acuren. The merger of NV5 with Acuren offers significant value for Acuren and NV5 stockholders and team members. The combination of these two formidable organizations creates new opportunities to expand and complement each other’s business lines with adjacent services to drive increased wallet share from our broad customer base. This transaction is an important milestone in our journey to becoming a full service global TICC company,” Robbie Franklin, Acuren Co-Chairman.

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