On December 18, 2024, NV5 announced an agreement to acquire Global Fire Protection Group (Global FPG), a provider of fire safety engineering, inspection, and consulting services. Founded in 2014, Global FPG operates across all 50 U.S. states, eight Canadian provinces, and has completed projects in 39 countries. This acquisition aims to enhance NV5’s recurring fire safety engineering consulting and design services.
“Fire protection engineering and consulting is a high margin, recurring service that is a natural cross-sell with NV5’s existing mechanical, electrical, plumbing, and technology design services,” said Dickerson Wright, PE, Executive Chairman of NV5.
The transaction, comprising cash and stock, is expected to be immediately accretive to NV5’s earnings.
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Our internal innovation and development team constantly analyzes new technology and develops solutions to meet our client’s challenges. Our Technically Speaking series is one way we share our technical findings with the professional community.
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Our internal innovation and development team constantly analyzes new technology and develops solutions to meet our client’s challenges. Our Technically Speaking series is one way we share our technical findings with the professional community.
Please tell us a little about yourself by filling out the form below, and we’ll share the document with you, thanks!
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Our internal innovation and development team constantly analyzes new technology and develops solutions to meet our client’s challenges. Our Technically Speaking series is one way we share our technical findings with the professional community.
Please tell us a little about yourself by filling out the form below, and we’ll share the document with you, thanks!