NV5 Global (NVEE) Acquires Red Technologies

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NV5 Acquires Red Technologies, Strengthens Data Center and Mission Critical Services in Asia Pacific

August 8, 2023 8:00 AM EDT

HOLLYWOOD, Fla., Aug. 08, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the Company or NV5) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired Red Technologies, a provider of information technology and utility infrastructure services for mission critical data centers. Red Technologies clients include large international technology and financial services companies that depend on data centers and cloud services for their operations. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5s earnings.  

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