Founded in 1999, TDSi’s staff work from the company’s headquarters in Chicago and provide knowledge and communication solutions to the aviation, government, finance, and healthcare industries. Approximately 80% of TDSi’s benefits are recurring. The acquisition was completed with a combination of cash and inventory and will immediately boost NV5’s earnings.
“TDSi’s generation and knowledge center design facilitates our roles in two of NV5’s most dynamic and successful businesses. The acquisition also strengthens our relationships with leading consumers in the aviation and government sectors,” said Dickerson Wright, PE, President and Chief Executive Officer of NV5. We take a look at the expanded features we can now offer to the domestic generation and mid-knowledge design industry, as well as the contributions the TDSi team will make to the expansion of NV5 in those key segments.
“We are excited to welcome the TDSi team to NV5 as they bring our generation consulting capabilities and intermediate knowledge,” said Ben Heraud, Director of Building Operations and Clean Energy Solutions at NV5.
About NV5 NV5 Global, Inc. (NASDAQ: NVEE) is a provider of generation, conformance assessment, and consulting solutions to public and private sector clients supporting infrastructure, utilities, and sustainable building assets and systems. The company focuses on multiple verticals: testing, inspection and consulting, infrastructure engineering, utilities, construction and program management, environmental fitness sciences, and geospatial generation facilities to provide innovative and sustainable responses to complex disruptions and the lives of our communities. NV5 operates from more than one hundred domestic and foreign offices. For more information, visit the company’s online page on www. NV5. com. Also, visit the company on LinkedIn, Twitter, Facebook, and Instagram.
Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the port provisions of the Private Securities Litigation Reform Act of 1995. The Company cautions that such statements are qualified by vital points that may cause actual effects to differ. . materially than those reflected in the forward-looking statements contained in this press release. These items include: (a) accommodations requested by local and state governments and the personal consumers we serve; (b) general economic conditions, whether national or global, and their effects on the market for our services; (c) competitive pressures and trends in our industry and our ability to compete effectively with our competitors; (d) adjustments in laws, regulations, or policies; and (e) the “risk points” set forth in the SEC’s most recent filings. All forward-looking statements are based on data in the Company’s possession as of the date hereof, and the Company assumes no legal responsibility to update such statements, unless required to do so by law.
Investor Relations ContactNV5 Global, Inc. Jack CochranVice President of Marketing & Investor RelationsTel: 1-954-637-8048Email: ir@nv5. com