NV5 Global (NVEE) Announces Acquisition of The Hanna Group
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NV5 Acquires Infrastructure Program Management Firm, The Hanna Group
December 1, 2016 8:00 AM ESTHOLLYWOOD, FL -- (Marketwired) -- 12/01/16 -- NV5 Global, Inc. (the "Company" or "NV5") (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it has acquired The Hanna Group, Inc. ("THG"), a leading Northern California-based bridge and transportation program management firm with 35 employees and approximately $11 million in annual revenues. THG is headquartered in Rancho Cordova, California and operates an additional office in Richmond. The acquisition was made almost entirely in cash and will be immediately accretive to NV5's earnings.
Although... More