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NV5 completes acquisition of myBIMteam to strengthen subscription-based services

PRIVATEMay 20, 2024

Acquiring Company

NV5 Global

Acquired Company

myBIMteam

HollywoodBostonConsultingConstructionFacility ManagementBuilding Maintenance

Description

NV5 Global, Inc. strengthens its technology and tech-enabled services with the acquisition of myBIMteam (TMCADD Consulting Services, LLC). This acquisition reinforces NV5’s strategic focus on expanding recurring and subscription-based services and incorporating digital twins and 3D reality capture into its building systems portfolio.

Quick answer

NV5 Global is acquiring myBIMteam, announced May 20, 2024. NV5 Global is based in Hollywood, Florida, United States.

How much did NV5 Global pay for myBIMteam?
The deal value was not disclosed.
What does NV5 Global do?
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of technology, conformity assessment, and consulting solutions for public and private sector clients supporting utility, infrastructure, and building assets and systems.
Where are NV5 Global and myBIMteam based?
NV5 Global is based in Hollywood, Florida, United States. myBIMteam is based in Boston, Massachusetts, United States.
Who are the decision-makers at NV5 Global?
Fundz holds 1 contact at NV5 Global. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Consulting and Construction

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

NV5 Global

Location

Hollywood, Florida, United States

About

NV5 Global, Inc. (NASDAQ: NVEE) is a provider of technology, conformity assessment, and consulting solutions for public and private sector clients supporting utility, infrastructure, and building assets and systems. The Company primarily focuses on six business verticals: Utility services, infrastructure engineering, construction quality assurance, buildings & technology, environmental health sciences, and geospatial services. NV5 operates out of more than 100 offices nationwide and abroad. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.

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Frequently asked

Who acquired myBIMteam?

myBIMteam was acquired by NV5 Global, based in Hollywood. The deal was reported on May 20, 2024. NV5 Global, Inc. (NASDAQ: NVEE) is a provider of technology, conformity assessment, and consulting solutions for public and private sector clients supporting utility, infrastructure, and building assets and systems. NV5 Global is privately held and operates in Consulting.

When did NV5 Global acquire myBIMteam?

NV5 Global's acquisition of myBIMteam was reported on May 20, 2024. NV5 Global, Inc. strengthens its technology and tech-enabled services with the acquisition of myBIMteam (TMCADD Consulting Services, LLC). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does myBIMteam do?

myBIMteam helps architects and building owners increase productivity and efficiency with BIM and reality capture technologies. It is privately held, operating in Facility Management, and is based in Boston.

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