NV5 Strengthens U.S. Data Center Services with Acquisition of Two Data Center Commissioning and Energy Management Companies
HOLLYWOOD, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, certification, and consulting solutions, announced today the acquisition of two domestic data center commissioning and energy management companies, Kisebach Consulting and Senergy BCS, to further accelerate NV5’s strong organic growth in the data center market.
“NV5’s data center business continues to deliver double digit organic growth, and we see an opportunity to accelerate that organic growth, particularly in the domestic data center market,” said Ben Heraud, Chief Executive Officer of NV5. “The key to expanding our highly profitable data center business is to provide clients with the leading technical expertise to meet the growing demand for artificial intelligence (AI) data center capacity, cooling, and energy efficiency. Senergy BCS and Kisebach Consulting provide decades of data center-specific experience and relationships with some of the nation’s leading data center owners and operators, and we look forward to the contributions they will make to our data center business.”
Founded in 2003 and located in Salt Lake City, Utah, Senergy BCS delivers data center HVAC and controls commissioning for state, federal, and private sector data center facilities in the United States and Canada. The Company specializes in mission critical systems in hyperscale data center environments and has provided services in data center campuses up to 1,000,000 square feet and 148 megawatts.
Headquartered in Olympia, Washington, Kisebach Consulting has provided energy engineering and mission critical building systems commissioning for data center facilities across the United States since 2015. The business specializes in data center mechanical systems and energy efficiency including HVAC, compressed air, process cooling, and utility metering and monitoring to optimize data center environments for traditional and AI data center applications.
Kisebach Consulting and Senergy BCS bring premier data center client relationships and existing books of business that will make immediate contributions to NV5’s data center organic growth.
About NV5
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of technology, certification, 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, testing, inspection & consulting, 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 . Also visit the Company on , , , and .
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.
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Source: NV5 Global, Inc.
