Oceanside CA— NV5 Global, Inc. (the “Company” or “NV5”), a provider of professional and technical engineering and consulting solutions, announced today that it has acquired Alta Environmental, L.P. (“Alta”), a consulting firm specializing in air quality, environmental building sciences, water resources, site assessment and remediation as well as environmental health and safety compliance services. Alta employs 41 environmental engineers and professionals and is based in Long Beach, California with offices in Oceanside, California. Alta’s impressive client portfolio includes large retail chains, major manufacturers, airports, small and large municipalities, leaders in the aerospace industry and higher education. The acquisition was an all-cash transaction and will be immediately accretive to NV5’s earnings
Dickerson Wright, PE, Chairman and CEO of NV5, said, “Alta Environmental’s reputation in the industry is exceptional, and its ability to take on large projects is truly impressive, as demonstrated by its contract serving Los Angeles World Airports. The rapid growth of our transactional services, which include environmental site assessments and remediation management, has positioned NV5 as a leader in the environmental due diligence market, and Alta Environmental will strengthen our environmental platform.”
“Alta Environmental’s engineering and professional staff expands our technical capabilities as we focus on all areas of transactional services,” stated Jeff Echko, Chief Operating Officer – Environmental Health Sciences at NV5. “With these added technical skills and cross-selling opportunities we expect our growth rate to continue to exceed the overall market.”
“We have focused on providing our clients with solutions that meet their complex needs and have developed long-term relationships with some of the largest companies and agencies in the world,” said Lisa Kay, President of Alta Environmental. “Joining NV5 allows us to provide even more environmental, engineering and consulting solutions to meet our clients’ unique challenges and provides immediate cross-selling opportunities for complementary services throughout NV5’s portfolio.”
About ALTA Environmental
ALTA Environmental is a California-based consulting firm providing the highest level of service for environmental and engineering needs, with a collective track record of proven budget-minded solutions for industrial, commercial and government clients. ALTA provides strategic advice on air quality management, environmental health and safety, site assessment and remediation, hazardous materials and waste, sustainability and energy efficiency, water resource management, and occupational safety and industrial hygiene throughout the Western United States. For more information about ALTA Environmental, please visit our website at www.altaenviron.com or contact firstname.lastname@example.org.
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of professional and technical engineering and consulting solutions ranked #34 in the Engineering News-Record Top 500 Design Firms list. NV5 serves public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure engineering and support services, energy, program management and environmental solutions. The Company operates out of more than 100 locations worldwide. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook and Vimeo.