NV5 Global announced today that it has acquired The Sextant Group. The Sextant Group has 11 locations and project offices throughout the US and is well-known for creating integrated technology solutions for a wide range of public and private sector clients. The Sextant Group’s 80 technology professionals have provided expertise on over 2,000 projects in 46 states. The acquisition was an all-cash transaction and will be immediately accretive to NV5’s earnings.
Dickerson Wright, PE, chairman and CEO of NV5 said, “The acquisition of The Sextant Grouppositions NV5 as a national leader in building technologies. The company is a strategic fit with our fast-growing building technology group and significantly differentiates our MEP design offerings to our national and international clients, specifically in the higher education, hospitality, corporate, civic and healthcare market sectors. With The Sextant Group’s technology capabilities NV5 can play an increasingly important role in the design or retrofit of ‘smart’ buildings.”
Mark Valenti, founder of The Sextant Group commented, “We are eager to become a part of NV5 and play a leading role in expanding NV5’s building technologies group nationwide and abroad. Teamed with NV5, we will be able to offer greater opportunities to our employees and broader capabilities to our clients.”
John Cook, CTS, vice president of client services for The Sextant Group said, “Joining NV5 is a natural progression in the growth of our firm. We have been impressed with NV5’s growth and market sector positioning over the past few years and are excited to be able to integrate our team of experienced and energetic technology specialists with the NV5 platform.”