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NV5 Global, Inc. (NASDAQ: NVEE) is a diversified provider of technology, conformity assessment, consulting solutions, and software applications. The company serves public and private sector clients across infrastructure, utility services, construction, real estate, environmental, and geospatial markets. NVEE delivers innovative and sustainable solutions to address complex challenges, improve community living standards, and enhance critical infrastructure and systems.
- Infrastructure (INF) - Provides engineering, civil program management, utility services, and construction quality assurance practices to support critical infrastructure projects.
- Geospatial Solutions (GEO) - Offers advanced geospatial services and solutions to meet critical mission requirements, including mapping and spatial data analysis.
- Building, Technology & Sciences (BTS) - Focuses on clean energy consulting, data center commissioning, buildings and program management, MEP (mechanical, electrical, and plumbing) & technology design, and environmental health sciences.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Dickerson Wright ExecutiveBoard | Executive Chairman | None | Founder of NV5 with over 40 years of experience in engineering company management. Previously CEO and Chairman until March 2024. Instrumental in NV5's growth and IPO. | View Report → |
MaryJo O’Brien ExecutiveBoard | EVP, Chief Administrative Officer, Secretary | None | Over 30 years of experience in human resources and administration. Joined NV5 in 2011 and has held various leadership roles. Expertise in executive compensation and public company reporting. | |
Ben Heraud Executive | Chief Executive Officer (CEO) | None | Over 20 years of experience in energy management consulting, building systems commissioning, and analytics. Joined NV5 in 2017 via Energenz acquisition. Became sole CEO in January 2025. | View Report → |
Donald C. Alford Executive | EVP | None | Extensive experience in M&A and corporate growth initiatives. Joined NV5 in 2010 after serving in leadership roles at Nova Group Services and U.S. Laboratories. | |
Edward H. Codispoti Executive | Chief Financial Officer (CFO) | None | CPA with extensive financial leadership experience. Joined NV5 in 2019 after serving as CFO at multiple companies, including TradeStation Group. | |
Richard Tong Executive | EVP & General Counsel | None | Over 25 years of experience in consulting, engineering, and legal matters. Joined NV5 at its formation in 2010. Focuses on corporate strategy, M&A, and risk management. | |
Brian C. Freckmann Board | Director | General Partner of Lyon Street Capital | Over 20 years of experience in strategic research, M&A, and growth. Founder of Lyon Street Capital. Previously served on NV5's Advisory Board. | |
Dr. Denise Dickins Board | Director | Board Member at Watsco, Inc. | Professor Emeritus with expertise in auditing and corporate governance. Former partner at Arthur Andersen LLP. Chairs audit and compensation committees at Watsco. | |
Fran\u00e7ois Tardan Board | Director | CEO of Leitmotiv Private Equity | Former EVP and CFO of Bureau Veritas, where he led significant revenue growth and a successful IPO. Brings international financial expertise to NV5. | |
William D. Pruitt Board | Director | General Manager of Pruitt Enterprises, LP; President of Pruitt Ventures, Inc. | CPA with decades of experience in public accounting and corporate governance. Serves on multiple boards and has held leadership roles at Arthur Andersen LLP. |
- "Can you elaborate on the adjustments for prior period misstatements and how they impacted the current quarter's financial results and guidance? "
- "Given the headwinds you've mentioned in the MEP segment, especially in the commercial and life sciences sectors in the Northeast, what steps are you taking to mitigate these challenges and drive growth in this area? "
- "With organic growth at 6% and considering the contributions from recent acquisitions, how sustainable is your organic growth, and do you anticipate relying more on acquisitions to meet your revenue targets? "
- "You mentioned a revision to your guidance due to adjustments and being conservative heading into Q4; can you provide more clarity on the factors leading to this cautious outlook despite record performance in Q3? "
- "Given the potential political changes and the impact on regulations and permitting processes, how do you anticipate the recent election results will affect your infrastructure and geospatial segments, and what strategies are in place to navigate this uncertain environment? "
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
A publicly listed company that operates in the engineering and consulting industry, competing on factors such as quality of service, relevant experience, staffing capabilities, reputation, geographic presence, stability, and price. | |
AMEC Foster Wheeler | A competitor in the engineering and consulting industry, known for its operations in regional markets or specialized niche activities. |
Bureau Veritas SA | A global competitor providing engineering and consulting services, competing on factors like quality, experience, and price. |
Burns & McDonnell | A private company competitor in the engineering and consulting sector, focusing on regional and national markets. |
Dewberry | A competitor in the engineering and consulting industry, operating in various geographic areas and markets. |
Hill International division of Global Infrastructure Solutions Inc. | A competitor providing engineering and consulting services, with a focus on project management and infrastructure solutions. |
Intertek Group plc | A publicly listed competitor in the engineering and consulting industry, offering services across various markets. |
A publicly listed company competing in the engineering and consulting industry, known for its global presence and diversified service offerings. | |
A publicly listed competitor in the engineering and consulting sector, focusing on technology and solutions for various industries. | |
POWER Engineers, Incorporated | A competitor in the engineering and consulting industry, providing specialized services in regional and national markets. |
A publicly listed company competing in the engineering and consulting industry, known for its diversified service offerings and geographic presence. | |
A publicly listed competitor in the engineering and consulting sector, offering a wide range of services and focusing on quality and reputation. | |
TRC Companies, Inc. | A private company competitor in the engineering and consulting industry, focusing on regional and national markets. |
A publicly listed competitor in the engineering and consulting industry, providing services across various markets and geographic areas. | |
Woolpert Inc. | A private company competitor in the engineering and consulting sector, focusing on specialized niche activities and regional markets. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
NV5 Global, Inc. Multiple Acquisitions (6 Deals) | 2024 | The deal involved 6 acquisitions with an aggregate purchase price of $65,159K—comprising $56,427K in cash, $3,534K in common stock, and potential earn-outs up to $14,100K (recorded at $5,198K)—financed via the Second A&R Credit Agreement, and strategically designed to expand NV5’s Infrastructure, BTS, and GEO capabilities. |
Visual Information Solutions (VIS) | 2023 | Acquired from L3Harris on April 6, 2023 for approximately $75,371–$75,682 in cash, VIS provides subscription-based software and AaaS solutions for geospatial analytics, enhancing NV5’s capabilities in satellite imagery processing and analytics, with financing secured under the Second Amended and Restated Credit Agreement. |
Continental Mapping Acquisition Corp. and its subsidiaries (Axim) | 2023 | Acquired on February 22, 2023 for an aggregate purchase price of $141,010—including $120,106 in cash, a $7,404 promissory note, and $13,500 in common stock—this acquisition bolsters NV5’s geospatial offerings for defense, intelligence, and government sectors, with financing through the Second Amended and Restated Credit Agreement. |
Additional Smaller Acquisitions | 2023 | A series of smaller deals were completed in two groups: one group with an aggregate purchase price of $3,315 (comprising $2,900 in cash and $90 in stock with potential earn-outs up to $340) and another group for $7,725 (with $6,900 in cash and $500 in stock, plus similar earn-out potential), financed via an amended credit agreement using a probability-weighted approach. |
Three Acquisitions (First Half of 2022) | 2022 | The three deals, with a combined purchase price of $14,156—including $4,644 in cash, $2,500 via a promissory note, $433 in common stock, and potential earn-outs up to $15,500 (recorded at $6,579)—were valued using an option-based model with independent third-party input, aligning with NV5’s growth through M&A. |
Four Acquisitions (First Nine Months of 2022) | 2022 | These four acquisitions, valued at a total of $13,776 (with $4,994 in cash, $2,500 from a promissory note, and $433 in common stock, plus potential earn-outs up to $15,850 at an estimated value of $5,849), included detailed asset assessments—such as customer relationships and goodwill (recorded at $8,930)—to enhance NV5’s service offerings and market presence. |
No recent press releases or 8-K filings found for NVEE.