NV5 acquires Professional Systems Engineering to enhance its technology solutions for public safety infrastructure.
Quiver AI Summary
NV5 has announced its acquisition of Professional Systems Engineering, LLC (PSE), a prominent designer of facility technologies for corrections and public safety infrastructure in the Northeast. Established in 1986, PSE specializes in security, safety, fire, and communication system designs for high-security public sector facilities, enhancing NV5's position in a sector with specialized building technology needs. The acquisition will allow NV5 to expand its services nationwide, leveraging PSE’s deep expertise and existing contracts in New York, New Jersey, and Pennsylvania. The deal was finalized with a combination of cash and stock and is expected to immediately benefit NV5's earnings. NV5, a leader in engineering and consulting solutions for the built environment, operates over 100 offices globally.
Potential Positives
- The acquisition of Professional Systems Engineering (PSE) strengthens NV5's position in the public safety infrastructure sector, a market with high barriers to entry and specialized technology requirements.
- This move allows NV5 to expand its reach into new markets, as PSE has established contracts with various state and local agencies across three states.
- The acquisition is expected to be immediately accretive to NV5's earnings, indicating a positive financial impact from the outset.
Potential Negatives
- Acquisition risks, including potential integration challenges with Professional Systems Engineering (PSE) and the impact on NV5's operational efficiency.
- Potential reliance on government contracts may expose the company to uncertainties due to changes in government policies or budget allocations.
- Forward-looking statements highlight various risks that could affect future performance, including economic conditions and competitive pressures, which may lead to investor skepticism.
FAQ
What is NV5's recent acquisition?
NV5 has acquired Professional Systems Engineering, LLC, a designer of facility technologies for corrections and public safety infrastructure.
What services does Professional Systems Engineering provide?
PSE provides engineering, planning, design, and construction services for security, safety, and communication systems in various public sector facilities.
How will the acquisition affect NV5?
The acquisition is expected to be immediately accretive to NV5's earnings and strengthen its position in the public safety sector.
Where is Professional Systems Engineering located?
PSE is headquartered in Philadelphia and serves clients across New York, New Jersey, and Pennsylvania.
What does NV5 specialize in?
NV5 specializes in engineering design, asset management, and geospatial data analytics for infrastructure resilience and building systems performance.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NVEE Hedge Fund Activity
We have seen 115 institutional investors add shares of $NVEE stock to their portfolio, and 96 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EMERALD ADVISERS, LLC removed 702,679 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $13,540,624
- BLACKROCK, INC. added 635,564 shares (+6.7%) to their portfolio in Q1 2025, for an estimated $12,247,318
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 517,740 shares (+1325.2%) to their portfolio in Q1 2025, for an estimated $9,976,849
- BANK OF NEW YORK MELLON CORP added 402,506 shares (+26.6%) to their portfolio in Q1 2025, for an estimated $7,756,290
- SWEDBANK AB removed 400,000 shares (-21.1%) from their portfolio in Q2 2025, for an estimated $9,236,000
- EMERALD MUTUAL FUND ADVISERS TRUST removed 383,146 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $7,383,223
- AMERICAN CENTURY COMPANIES INC added 307,169 shares (+14.3%) to their portfolio in Q1 2025, for an estimated $5,919,146
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$NVEE Analyst Ratings
Wall Street analysts have issued reports on $NVEE in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Roth MKM issued a "Buy" rating on 02/21/2025
To track analyst ratings and price targets for $NVEE, check out Quiver Quantitative's $NVEE forecast page.
$NVEE Price Targets
Multiple analysts have issued price targets for $NVEE recently. We have seen 2 analysts offer price targets for $NVEE in the last 6 months, with a median target of $26.0.
Here are some recent targets:
- Tate Sullivan from Maxim Group set a target price of $24.0 on 02/21/2025
- Jeff Martin from Roth MKM set a target price of $28.0 on 02/21/2025
Full Release
HOLLYWOOD, Fla., July 11, 2025 (GLOBE NEWSWIRE) -- NV5, a provider of tech-enabled engineering, certification, and consulting solutions, announced today its acquisition of Professional Systems Engineering, LLC, (PSE) a leading designer of facility technologies for corrections and public safety infrastructure throughout the Northeast. Founded in 1986, PSE’s engineers and consultants specialize in the design of security, safety, fire, and communication systems for high-security public sector facilities such as corrections, justice, healthcare, and educational facilities.
“NV5 is a leader in the design of audiovisual, fire protection, security, surveillance, and intelligent building systems that employ the latest technologies to improve the safety, function, and comfort of the built environment,” said Ben Heraud, CEO of NV5. “Professional Systems Engineering’s expertise in public safety facilities strengthens our leadership position and expands our reach into a sector with a high barrier to entry and very specialized building technology requirements that can be expanded nationwide through the NV5 network.”
Professional Systems Engineering is headquartered in Philadelphia and holds numerous contracts with state, local, higher education, and special development agencies across New York, New Jersey, and Pennsylvania. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.
About Professional Systems Engineering
Professional Systems Engineering, LLC (PSE) provides engineering, planning, design, and construction services for security, safety, networks, radio communications, fire systems, acoustics/noise/vibration control, and related infrastructure. PSE consultants, engineers, and designers provide cutting-edge consulting and design solutions for physical, mechanical, electrical, and electronic systems for the justice and corrections, education, healthcare, and manufacturing sectors.
About NV5
NV5 Global, Inc. (NASDAQ: NVEE) is a leading provider of tech-enabled engineering, certification, and consulting solutions for the built environment. The Company specializes in engineering design, asset management, and geospatial data analytics to support infrastructure resilience and building systems performance throughout the entire asset lifecycle. NV5 operates out of more than 100 offices nationwide and abroad. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on X, LinkedIn, and Facebook.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.
Investor Relations Contact
NV5 Global, Inc.
Jack Cochran
Vice President, Marketing & Investor Relations
Tel: +1-954-637-8048
Email: [email protected]
Source: NV5 Global, Inc.
