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NV5 Acquires Global Realty Services Group, Expands Market Leadership Position in Real Estate Transaction Services

Globe Newswire - Thu Dec 23, 2021

HOLLYWOOD, Fla., Dec. 23, 2021 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of compliance, technology, engineering, and environmental consulting solutions, announced today that it has acquired Global Realty Services Group LLC (GRS), a leader in real estate due diligence and transaction services providing property condition assessments, environmental assessments, and zoning services for real estate portfolio transactions. GRS is one of the fastest growing providers of due diligence services and serves commercial mortgage lenders, government-sponsored enterprise agencies, insurance companies, real estate investment trusts, and loan originators. NV5 acquired GRS in an all-cash transaction, and it will be immediately accretive to NV5’s earnings.

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