NV5 Completes $150 Million Follow-On Offering

Technology & Services
Industrial

NV5 follow-on offering


Summary

NV5 Global, Inc. (“NV5” or “the Company”) (NASDAQ: NVEE) recently completed a follow-on offering of 1,612,903 common shares at a price of $93.00 per share, generating gross proceeds of approximately $150 million. The Company intends to use the net proceeds of the offering for general corporate purposes, which may include possible acquisitions, the expansion of its business, providing working capital, and reducing debt.

Baird served as an active bookrunner on this offering.

About

NV5 is a provider of compliance, technology, and engineering consulting solutions for public and private sector clients supporting infrastructure, utility, and building assets and systems. The Company primarily focuses on six business verticals: testing, inspection & consulting, infrastructure support services, utility services, buildings & program management, environmental health sciences, and geospatial technology services. NV5 operates out of more than 100 offices nationwide and abroad. NV5 is headquartered in Hollywood, Florida.
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Technology & Services
Industrial

NV5 follow-on offering

Date
March 2021
Company
NV5 Global, Inc.
Transaction
Equity Capital Markets
Sectors
Technology & Services
Industrial
Verticals
Testing, Inspection, Certification & Compliance ("TICC")
Facility, Industrial, Rental & Environmental ("FIRE") Services
Target Location
North America

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