NV5 Global acquires ASG Engineering Consultants, terms not disclosed

NV5 Global has acquired ASG Engineering Consultants, a provider of structural engineering, permitting, and compliance services in Dubai, United Arab Emirates. ASG’s talented team of engineers, BIM technicians, and technical professionals have delivered engineering design and oversight services for premier education, hospitality, stadium, and commercial structures throughout the Middle East, particularly in Saudi Arabia and the UAE. The acquisition of ASG takes advantage of the booming development in the region and serves as a catalyst for additional organic growth, bringing NV5’s total number of technical professionals in the Middle East to more than 150. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings. NV5’s Buildings and Technology design group has a successful history of teaming with ASG and will benefit from ASG’s structural engineering capabilities. Furthermore, ASG’s Architect of Record certification will allow NV5 to become the prime consultant on design projects that would have been restricted in the past. NV5’s full-service capabilities now include MEP, technology, and structural engineering, and these uniquely comprehensive design solutions will provide a competitive advantage when pursuing projects throughout the Middle East and Asia Pacific, including data center projects.