NV5 Global acquires Fluhrer Reed, terms not disclosed

NV5 Global has acquired Fluhrer Reed, a provider of structural engineering and forensics engineering services in the Research Triangle of North Carolina, one of the nation’s fastest growing markets. Founded in 1999, Fluhrer Reed engineers utilize the latest building information modeling and analytic software to deliver creative, practical, and structurally sound solutions for educational, life sciences, industrial, and multifamily residential buildings. The acquisition strengthens NV5’s existing structural engineering group and provides additional expert witness resources to support NV5’s growing forensics engineering business. Additionally, Fluhrer Reed’s services strategically complement NV5’s mechanical, electrical, plumbing, and technology design offerings for facility renovations and new construction. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.