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NV5 Strengthens U.S. Data Center Services with Acquisition of Two Data Center Commissioning and Energy Management Companies

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NV5 Global, Inc. (Nasdaq: NVEE) has announced the acquisition of two domestic data center commissioning and energy management companies, Kisebach Consulting and Senergy BCS. This strategic move aims to accelerate NV5's strong organic growth in the data center market, particularly in meeting the growing demand for artificial intelligence (AI) data center capacity, cooling, and energy efficiency.

Senergy BCS, founded in 2003 and based in Salt Lake City, Utah, specializes in HVAC and controls commissioning for large-scale data centers. Kisebach Consulting, headquartered in Olympia, Washington, focuses on energy engineering and mission critical building systems commissioning since 2015. Both companies bring valuable expertise and client relationships that are expected to contribute immediately to NV5's data center organic growth.

NV5 Global, Inc. (Nasdaq: NVEE) ha annunciato l'acquisizione di due aziende nazionali specializzate nella messa in servizio dei data center e nella gestione energetica, Kisebach Consulting e Senergy BCS. Questa mossa strategica mira ad accelerare la forte crescita organica di NV5 nel mercato dei data center, in particolare nel soddisfare la crescente domanda di capacità, raffreddamento ed efficienza energetica dei data center per l'intelligenza artificiale (AI).

Senergy BCS, fondata nel 2003 e con sede a Salt Lake City, Utah, è specializzata nella messa in servizio di impianti HVAC e di controllo per data center su larga scala. Kisebach Consulting, con sede a Olympia, Washington, si concentra sull'ingegneria energetica e sulla messa in servizio di sistemi edilizi critici dalla sua fondazione nel 2015. Entrambe le aziende portano competenze preziose e relazioni con i clienti che si prevede contribuiranno immediatamente alla crescita organica di NV5 nel settore dei data center.

NV5 Global, Inc. (Nasdaq: NVEE) ha anunciado la adquisición de dos empresas nacionales de comisionamiento de centros de datos y gestión de energía, Kisebach Consulting y Senergy BCS. Este movimiento estratégico tiene como objetivo acelerar el fuerte crecimiento orgánico de NV5 en el mercado de centros de datos, particularmente para satisfacer la creciente demanda de capacidad, refrigeración y eficiencia energética de los centros de datos para inteligencia artificial (IA).

Senergy BCS, fundada en 2003 y con sede en Salt Lake City, Utah, se especializa en el comisionamiento de HVAC y controles para centros de datos a gran escala. Kisebach Consulting, con sede en Olympia, Washington, se centra en la ingeniería energética y el comisionamiento de sistemas críticos de edificios desde 2015. Ambas empresas aportan una valiosa experiencia y relaciones con clientes que se espera que contribuyan de inmediato al crecimiento orgánico de NV5 en el mercado de centros de datos.

NV5 글로벌 주식회사(Nasdaq: NVEE)는 두 개의 국내 데이터 센터 커미셔닝 및 에너지 관리 회사인 Kisebach ConsultingSenergy BCS의 인수를 발표했습니다. 이 전략적 조치는 데이터 센터 시장에서 NV5의 강력한 유기적 성장을 가속화하고 특히 인공지능(AI) 데이터 센터의 용량, 냉각 및 에너지 효율성에 대한 증가하는 수요를 충족하는 것을 목표로 합니다.

Senergy BCS는 2003년에 설립되었으며 유타주 솔트레이크시티에 본사를 두고 있으며 대규모 데이터 센터를 위한 HVAC 및 제어 커미셔닝을 전문으로 하고 있습니다. Kisebach Consulting은 2015년부터 워싱턴주 올림피아에 본사를 두고 에너지 공학 및 미션 크리티컬 건물 시스템 커미셔닝에 중점을 두고 있습니다. 두 회사는 NV5의 데이터 센터 유기적 성장에 즉각적으로 기여할 것으로 예상되는 소중한 전문 지식과 고객 관계를 제공합니다.

NV5 Global, Inc. (Nasdaq: NVEE) a annoncé l'acquisition de deux sociétés nationales spécialisées dans la mise en service de centres de données et la gestion de l'énergie, Kisebach Consulting et Senergy BCS. Ce mouvement stratégique vise à accélérer la forte croissance organique de NV5 sur le marché des centres de données, notamment pour répondre à la demande croissante de capacité, de refroidissement et d'efficacité énergétique des centres de données pour l'intelligence artificielle (IA).

Senergy BCS, fondée en 2003 et basée à Salt Lake City, dans l'Utah, se spécialise dans la mise en service de HVAC et de contrôles pour de grands centres de données. Kisebach Consulting, dont le siège est à Olympia, Washington, se concentre sur l'ingénierie énergétique et la mise en service de systèmes critiques de bâtiment depuis 2015. Les deux entreprises apportent une expertise précieuse et des relations clients qui devraient contribuer immédiatement à la croissance organique de NV5 dans le secteur des centres de données.

NV5 Global, Inc. (Nasdaq: NVEE) hat die Akquisition von zwei nationalen Unternehmen für die Inbetriebnahme von Rechenzentren und Energiemanagement, Kisebach Consulting und Senergy BCS, bekannt gegeben. Dieser strategische Schritt zielt darauf ab, das starke organische Wachstum von NV5 im Rechenzentrumsmarkt zu beschleunigen, insbesondere um der wachsenden Nachfrage nach Kapazitäten, Kühlung und Energieeffizienz von Rechenzentren, insbesondere für künstliche Intelligenz (KI), gerecht zu werden.

Senergy BCS, 2003 gegründet und mit Sitz in Salt Lake City, Utah, ist auf die Inbetriebnahme von HVAC und Steuerungen für großangelegte Rechenzentren spezialisiert. Kisebach Consulting, mit Sitz in Olympia, Washington, konzentriert sich seit 2015 auf Energieengineering und die Inbetriebnahme von kritischen Gebäudesystemen. Beide Unternehmen bringen wertvolle Expertise und Kundenbeziehungen mit, die voraussichtlich sofort zum organischen Wachstum von NV5 im Rechenzentrumsbereich beitragen werden.

Positive
  • Acquisition of two specialized data center companies to accelerate growth
  • Expansion of technical expertise in AI data center capacity, cooling, and energy efficiency
  • Immediate contribution expected from new client relationships and existing business
  • Strengthening of NV5's position in the growing data center market
  • Addition of expertise in hyperscale data center environments up to 1,000,000 square feet and 148 megawatts
Negative
  • None.

Insights

The acquisition of Kisebach Consulting and Senergy BCS significantly bolsters NV5's position in the rapidly growing data center market, particularly in the AI-driven segment. These acquisitions are strategically aligned with the increasing demand for AI data center capacity, cooling solutions and energy efficiency.

Key points to consider:

  • NV5's data center business is already experiencing double-digit organic growth and these acquisitions are expected to accelerate this trend.
  • The acquired companies bring specialized expertise in mission-critical systems for hyperscale data centers, including experience with facilities up to 1,000,000 square feet and 148 megawatts.
  • The focus on HVAC, controls commissioning and energy efficiency is important for optimizing data center environments, especially for AI applications which typically require more intensive cooling and power management.
  • The immediate contribution of existing client relationships and business portfolios from the acquired companies should provide a quick boost to NV5's revenue and market share in the data center sector.

For investors, this move signals NV5's commitment to capitalizing on the booming data center market, particularly in the high-growth AI segment. The strategic acquisitions should enhance NV5's competitive edge and potentially lead to increased profitability in the short to medium term.

From a financial perspective, NV5's acquisition strategy appears sound and timely. While specific financial details of the acquisitions weren't disclosed, several factors suggest a positive impact on NV5's financial performance:

  • The data center market is experiencing rapid growth, driven by AI and cloud computing demands. This acquisition positions NV5 to capture a larger share of this expanding market.
  • By acquiring companies with existing client relationships and ongoing projects, NV5 can expect an immediate revenue boost and improved cash flow.
  • The focus on "highly profitable" data center business indicates these acquisitions could positively impact NV5's profit margins.
  • Synergies from integrating specialized expertise could lead to cost efficiencies and enhanced service offerings, potentially improving overall profitability.

Investors should monitor NV5's upcoming financial reports for indications of revenue growth and margin improvements resulting from these acquisitions. The company's ability to successfully integrate these businesses and leverage their expertise across its existing client base will be important for realizing the full value of these investments.

HOLLYWOOD, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, certification, and consulting solutions, announced today the acquisition of two domestic data center commissioning and energy management companies, Kisebach Consulting and Senergy BCS, to further accelerate NV5’s strong organic growth in the data center market.

“NV5’s data center business continues to deliver double digit organic growth, and we see an opportunity to accelerate that organic growth, particularly in the domestic data center market,” said Ben Heraud, Chief Executive Officer of NV5. “The key to expanding our highly profitable data center business is to provide clients with the leading technical expertise to meet the growing demand for artificial intelligence (AI) data center capacity, cooling, and energy efficiency. Senergy BCS and Kisebach Consulting provide decades of data center-specific experience and relationships with some of the nation’s leading data center owners and operators, and we look forward to the contributions they will make to our data center business.”

Founded in 2003 and located in Salt Lake City, Utah, Senergy BCS delivers data center HVAC and controls commissioning for state, federal, and private sector data center facilities in the United States and Canada. The Company specializes in mission critical systems in hyperscale data center environments and has provided services in data center campuses up to 1,000,000 square feet and 148 megawatts.

Headquartered in Olympia, Washington, Kisebach Consulting has provided energy engineering and mission critical building systems commissioning for data center facilities across the United States since 2015. The business specializes in data center mechanical systems and energy efficiency including HVAC, compressed air, process cooling, and utility metering and monitoring to optimize data center environments for traditional and AI data center applications.  

Kisebach Consulting and Senergy BCS bring premier data center client relationships and existing books of business that will make immediate contributions to NV5’s data center organic growth.

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, testing, inspection & consulting, 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.


FAQ

What companies did NV5 Global (NVEE) acquire in the data center sector?

NV5 Global (NVEE) acquired two domestic data center commissioning and energy management companies: Kisebach Consulting and Senergy BCS.

How will these acquisitions benefit NV5's data center business?

The acquisitions will accelerate NV5's organic growth in the data center market by providing leading technical expertise in AI data center capacity, cooling, and energy efficiency, as well as bringing valuable client relationships and existing business.

What specializations do Senergy BCS and Kisebach Consulting bring to NV5?

Senergy BCS specializes in HVAC and controls commissioning for large-scale data centers, while Kisebach Consulting focuses on energy engineering and mission critical building systems commissioning for data center facilities.

How does this acquisition align with NV5's growth strategy for its data center business?

The acquisition aligns with NV5's strategy to expand its highly profitable data center business by providing clients with leading technical expertise to meet the growing demand for AI data center capacity, cooling, and energy efficiency.

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