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Nv5 Acquires Geo1, Expands National Leadership Position In Electrical Utility Geospatial Solutions

PRIVATEJun 21, 2022

Acquiring Company

NV5

Acquired Company

GEO1

HollywoodManufacturingInformation TechnologyProfessional ServicesSustainabilityNatural ResourcesSoftwareData And AnalyticsScience And Engineering

Description

NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, today announced the acquisition of GEO1 through an asset purchase of Aerial Filmworks, LLC. GEO1 is a leading provider of geospatial lidar, aerial imagery, and data analytics solutions to utilities, government agencies, and the environmental sector. Headquartered in Hawthorne, California, GEO1’s 25 employees are dedicated to geospatial analytics, data science, and aerial remote sensing.

Quick answer

NV5 is acquiring GEO1, announced June 21, 2022. NV5 is based in Hollywood, Florida, United States.

How much did NV5 pay for GEO1?
The deal value was not disclosed.
What does NV5 do?
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of technology, conformity assessment, and consulting solutions for public and private sector clients supporting sustainable infrastructure, utility, and building assets and..
Where are NV5 and GEO1 based?
NV5 is based in Hollywood, Florida, United States.

Source: Fundz verified event record.

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Company Information

Company

NV5

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 sustainable infrastructure, utility, and building assets and systems. The Company focuses on multiple verticals: construction quality assurance, infrastructure engineering, utility services, buildings & technology, environmental health sciences, and geospatial technology services to deliver innovative, sustainable solutions to complex issues and improve lives in our communities. NV5 operates out of more than 100 offices nationwide and abroad..

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Frequently asked

Who acquired GEO1?

GEO1 was acquired by NV5, based in Hollywood. The deal was reported on June 21, 2022. NV5 Global, Inc. NV5 is privately held and operates in Manufacturing.

When did NV5 acquire GEO1?

NV5's acquisition of GEO1 was reported on June 21, 2022. NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, today announced the acquisition of GEO1 through an asset purchase of Aerial Filmworks, LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does GEO1 do?

Founded in 2014, the award-winning GEO1 team enables creative vision through use of the newest lidar and imaging sensors. Geo1’s skilled operators uniquely configure each acquisition project to provide lidar and imagery that serves individual client needs. It is privately held, operating in Software.

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