NV5 Global Soars 17.98% on $1.7B Merger with Acuren
Generated by AI AgentAinvest Movers Radar
Thursday, May 15, 2025 8:08 am ET1min read
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On May 15, 2025, NV5 Global's stock surged by 17.98% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.
NV5 Global and AcurenTIC-- have announced a merger agreement, aiming to form a combined entity with an impressive $2 billion in revenue. This strategic move is expected to create a global powerhouse in testing, inspection, certification, compliance, and engineering services.
The merger, valued at $1.7 billion, involves a combination of cash and stock. This deal is set to enhance the capabilities and market reach of both companies, positioning them as leaders in their respective industries.
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