NV5 Receives 2017 EBJ Business Achievement Award | Environmental Business Journal Recognizes Firms for Growth and Innovation

San Diego, Calif. (January 2017) —Environmental Business Journal® (EBJ), a business research publication which provides high value strategic business intelligence to the environmental industry*, has honored 57 companies for revenue growth, acquisitions, innovative project designs, technology applications, new practice areas, social contributions and industry leadership in 2017.

NV5 is pleased to announce that it was chosen to receive the EBJ award for Business Achievement: Large Firms (>$200M) – Gold Award and Business Achievement: Mergers & Acquisitions.

“In what is widely regarded as a stable market, a number of companies exceeded the norms of low single-digit growth with double-digit growth or ambitious ventures into new practice areas or technology development,” said Grant Ferrier, president of Environmental Business International Inc. (EBI, San Diego), publisher of Environmental Business Journal.

NV5 was recognized as a Large Firms GOLD: for growing revenues by 49% to $239.1 million through the nine months ended September 30, 2017, compared with $160.9 million for the same period in 2016. Net revenues through the third quarter were $195.1 million, an increase of 50%. Increases in gross and net revenues were due to organic growth, in addition to contributions from acquisitions in 2016 and 2017. NV5 expects full-year 2017 gross revenues, including the impact of acquisitions closed through September 30, 2017, to range from $340 million to $358 million, which would represent an increase to 57% from 2016 total revenues of $228.7 million. NV5’s Environmental business vertical has grown 32% since 2016, representing a significant portion of the firm’s overall growth, driven by organic growth, strategic acquisitions, and emergency response solutions in Texas and Florida. NV5 also made Fortune Magazine’s 100 Fastest Growing Firms list for the first time (#13), and took the top honor on Zweig Group’s 2017 Hot Firm List.

NV5 was also recognized for business achievement: Mergers & Acquisitions for six strategic acquisitions in 2017 that added 400 employees, enhanced service offerings, opened new markets, and broadened the firm’s geographic reach. Environmental and energy efficiency markets represented five of the acquisitions: Bock & Clark, a provider of ALTA Surveys, environmental site assessments, and zoning reports; Holdrege & Kull, a California-based geotechnical, environmental, and materials testing/inspection company; Energenz, an international energy services company; RDK, a Northeast energy efficiency and MEP firm; and New Mexico-based Marron & Associates to enhance NV5’s environmental vertical and capitalize on synergistic opportunities in the Southwest.

The 2017 EBJ awards will be presented at a special ceremony at the Environmental Industry Summit XVI in San Diego, Calif. on March 21, 2018. The Environmental Industry Summit is an annual three-day executive retreat hosted by EBI, Inc. and 2020 Environmental Group.

* Environmental Business Journal provides strategic information and market forecasts for executives involved in 14 business segments, including environmental remediation, water & wastewater, air pollution control, environmental consulting & engineering, hazardous waste, instrumentation, pollution control equipment, waste management, resource recovery, and solid waste management.

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About NV5: NV5 is a leading provider of professional and technical engineering and environmental solutions, for growing revenues by 49% to $239.1 million through the nine months ended September 30, 2017, compared with $160.9 million for the same period in 2016. Net revenues through the third quarter were $195.1 million, an increase of 50%. Increases in gross and net revenues were due to organic growth, in addition to contributions from acquisitions in 2016 and 2017. NV5 expects full-year 2017 gross revenues, including the impact of acquisitions closed through September 30, 2017, to range from $340 million to $358 million, which would represent an increase to 57% from 2016 total revenues of $228.7 million. NV5’s Environmental business vertical has grown 32% since 2016, representing a significant portion of the firm’s overall growth, driven by organic growth, strategic acquisitions, and emergency response solutions in Texas and Florida. NV5 also made Fortune Magazine’s 100 Fastest Growing Firms list for the first time (#13), and took the top honor on Zweig Group’s 2017 Hot Firm List.

About the EBJ Business Achievement Awards: In October-December 2013, Climate Change Business Journal solicited nominations for the EBJ Business Achievement Awards. Nominations were accepted in 200-word essays in either specific or unspecified categories. Final awards were determined by a committee of EBJ staff and EBJ editorial advisory board members. (Disclaimer: company audits were not conducted to verify information or claims submitted with nominations.)

About EBI: Founded in 1988, Environmental Business International Inc. (EBI, San Diego, Calif.) is a research, publishing and consulting company that specializes in defining emerging markets and generating strategic market intelligence for companies, investors and policymakers. EBI publishes Environmental Business Journal®, the leading provider of strategic information for the environmental industry, and Climate Change Business Journal®, which covers nine segments of the Climate Change Industry. EBI also performs contract research for the government and private sector and founded the Environmental Industry Summit, an annual three-day event for executives in the environmental industry.

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