NV5 Acquires CRS Survey; Strengthens North Carolina Infrastructure Capabilities
NV5 (NVEE) has announced the acquisition of CRS Survey PLLC, a Charlotte-based provider of land surveying and mapping services, to strengthen its North Carolina infrastructure capabilities. The deal, completed through a combination of cash and stock, will be immediately accretive to NV5's earnings.
CRS Survey specializes in conventional and geospatial aerial surveys supporting roadway and bridge maintenance. The company serves public and private sector clients across the Charlotte metropolitan area, Greensboro, and Winston-Salem regions.
This strategic acquisition builds upon NV5's 20-year leadership in infrastructure design and Testing, Inspection, and Certification (TIC) services for the North Carolina Department of Transportation (NCDOT) and local municipalities. The move addresses increasing demand for surveying services driven by new technologies adoption and licensed surveyor shortages.
NV5 (NVEE) ha annunciato l'acquisizione di CRS Survey PLLC, un fornitore di servizi di rilevamento e mappatura con sede a Charlotte, per rafforzare le sue capacità infrastrutturali nella Carolina del Nord. L'accordo, completato attraverso una combinazione di denaro e azioni, sarà immediatamente redditizio per gli utili di NV5.
CRS Survey si specializza in rilevamenti aerei convenzionali e geospaziali a supporto della manutenzione di strade e ponti. L'azienda serve clienti del settore pubblico e privato nelle aree metropolitane di Charlotte, Greensboro e Winston-Salem.
Questa acquisizione strategica si basa sui 20 anni di leadership di NV5 nel design delle infrastrutture e nei servizi di Testing, Ispezione e Certificazione (TIC) per il Dipartimento dei Trasporti della Carolina del Nord (NCDOT) e i comuni locali. Questa mossa risponde alla crescente domanda di servizi di rilevamento, alimentata dall'adozione di nuove tecnologie e dalla carenza di geometri autorizzati.
NV5 (NVEE) ha anunciado la adquisición de CRS Survey PLLC, un proveedor de servicios de topografía y mapeo con sede en Charlotte, para fortalecer sus capacidades de infraestructura en Carolina del Norte. El acuerdo, completado a través de una combinación de efectivo y acciones, será inmediatamente beneficioso para las ganancias de NV5.
CRS Survey se especializa en levantamientos aéreos convencionales y geoespaciales que apoyan el mantenimiento de carreteras y puentes. La empresa atiende a clientes del sector público y privado en el área metropolitana de Charlotte, así como en las regiones de Greensboro y Winston-Salem.
Esta adquisición estratégica se basa en los 20 años de liderazgo de NV5 en diseño de infraestructuras y en servicios de Pruebas, Inspección y Certificación (TIC) para el Departamento de Transporte de Carolina del Norte (NCDOT) y los municipios locales. Este movimiento responde a la creciente demanda de servicios de topografía impulsada por la adopción de nuevas tecnologías y la escasez de topógrafos licenciados.
NV5 (NVEE)는 노스캐롤라이나의 인프라 능력을 강화하기 위해 샬럿에 본사를 둔 토지 측량 및 매핑 서비스 제공업체인 CRS Survey PLLC를 인수했다고 발표했습니다. 현금과 주식의 조합을 통해 완료된 이번 거래는 NV5의 수익에 즉각적인 긍정적인 영향을 미칠 것입니다.
CRS Survey는 도로 및 교량 유지 관리를 지원하는 전통적인 및 지리공간 항공 측량을 전문으로 합니다. 이 회사는 샬럿 대도시 지역, 그린즈버러 및 윈스턴세일럼 지역의 공공 및 민간 부문 고객에게 서비스를 제공합니다.
이번 전략적 인수는 노스캐롤라이나 교통부(NCDOT) 및 지역 자치단체를 위한 인프라 설계와 테스트, 검사 및 인증(TIC) 서비스에서 NV5의 20년 리더십을 기반으로 합니다. 이 조치는 새로운 기술 채택과 면허가 있는 측량사 부족으로 인해 증가하는 측량 서비스 수요에 대응합니다.
NV5 (NVEE) a annoncé l'acquisition de CRS Survey PLLC, un fournisseur de services de topographie et de cartographie basé à Charlotte, afin de renforcer ses capacités d'infrastructure en Caroline du Nord. L'accord, réalisé par une combinaison de liquidités et d'actions, sera immédiatement bénéfique pour les bénéfices de NV5.
CRS Survey se spécialise dans les levés aériens conventionnels et géospatiaux soutenant l'entretien des routes et des ponts. L'entreprise sert des clients du secteur public et privé dans la région métropolitaine de Charlotte, ainsi que dans les régions de Greensboro et Winston-Salem.
Cette acquisition stratégique s'appuie sur les 20 ans de leadership de NV5 dans la conception d'infrastructures et les services de Test, Inspection et Certification (TIC) pour le Département des Transports de Caroline du Nord (NCDOT) et les municipalités locales. Ce mouvement répond à une demande croissante de services de topographie, alimentée par l'adoption de nouvelles technologies et la pénurie de géomètres agréés.
NV5 (NVEE) hat die Übernahme von CRS Survey PLLC bekannt gegeben, einem in Charlotte ansässigen Anbieter von Vermessungs- und Kartierungsdiensten, um seine Infrastrukturkapazitäten in North Carolina zu stärken. Der Deal, der durch eine Kombination aus Bargeld und Aktien abgeschlossen wurde, wird sich sofort positiv auf die Gewinne von NV5 auswirken.
CRS Survey spezialisiert sich auf konventionelle und geospatiale Luftvermessungen, die die Wartung von Straßen und Brücken unterstützen. Das Unternehmen bedient öffentliche und private Kunden in der Metropolregion Charlotte sowie in den Regionen Greensboro und Winston-Salem.
Diese strategische Übernahme baut auf der 20-jährigen Führungsrolle von NV5 im Bereich Infrastrukturdesign sowie den Test-, Inspektions- und Zertifizierungsdiensten (TIC) für das Verkehrsministerium von North Carolina (NCDOT) und lokale Gemeinden auf. Dieser Schritt reagiert auf die steigende Nachfrage nach Vermessungsdiensten, die durch die Einführung neuer Technologien und den Mangel an lizenzierten Vermessern vorangetrieben wird.
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HOLLYWOOD, Fla., March 21, 2025 (GLOBE NEWSWIRE) -- NV5, a provider of technology, certification, and consulting solutions, announced today that it has completed the acquisition of CRS Survey PLLC (CRS Survey), a provider of land surveying and mapping services for transportation infrastructure and land development to expand and support NV5’s existing operation in North Carolina. CRS Survey specializes in conventional and geospatial aerial surveys to support roadway and bridge maintenance and improvements.
“NV5 has been a leader in infrastructure design and testing, inspection, and certification (TIC) services for the North Carolina Department of Transportation (NCDOT) and municipalities across the state for over 20 years. The adoption of new surveying and geospatial technologies, along with a shortage of licensed surveyors, has driven high-demand and high-margins for surveying services. The addition of CRS Survey strengthens our capabilities to support transportation clients throughout the state and drive accelerated organic growth for our Southeast operations,” said Ben Heraud, CEO of NV5.
CRS Survey is headquartered in Charlotte, NC and serves public and private sector clients from the greater Charlotte metropolitan area to Greensboro and Winston-Salem. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.
“Having worked with CRS Survey on many projects, we are excited to welcome them to the NV5 team and anticipate accelerated growth in our surveying and infrastructure services in North Carolina,” said Alex Hockman, CEO of Infrastructure at NV5.
About CRS Survey
Headquartered in Charlotte, CRS Survey’s technical experts provide topographic surveys, boundary surveys, and construction staking services for infrastructure improvements and land development throughout South-Central North Carolina. CRS Survey’s extensive expertise, licensed professionals, and advanced geospatial and survey technologies deliver precise and dependable data to support successful developments that meet all state and local regulations. For more information about CRS Survey, visit https://www.crssurveypllc.com.
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, construction quality assurance, 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 www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.
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.
Investor Relations Contact
NV5 Global, Inc.
Jack Cochran
Vice President, Marketing & Investor Relations
Tel: +1-954-637-8048
Email: ir@nv5.com
Source: NV5 Global, Inc.
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