NV5 has entered an agreement to acquire Global Fire Protection Group, a provider of fire safety engineering, inspection, and consulting services. Founded in 2014, Global FPG is licensed to deliver fire services in all 50 U.S. states and eight Canadian provinces, and it has completed projects in 39 countries. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings. The company said, “Global FPG specializes in fire protection services for attractive end markets, including data centers, healthcare, utilities, and industrial sectors. The Company is one of few fire life safety companies offering suppression, detection, and compartmentation disciplines in active and passive fire protection.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVEE:
- NV5 Global awarded $10M in critical mineral geospatial projects
- NV5 Global acquires Southport Engineering Associates
- NV5 Global awarded $14M in Southern California municipal contracts
- NV5 Holdings Inc. Faces Financial Reporting Risk Due to Internal Control Weakness
- NV5 Global awarded $46M in contractsto support Western U.S.