NV5 Stockholders Approve Proposed Merger with Acuren Corporation, Receive $23.00 per Share in Cash and Stock

NV5 Global stockholders approved a proposed merger with Acuren Corporation at a special meeting, with terms including $10 in cash and $13 in Acuren shares per NV5 share. The deal is expected to close in August 2025, subject to customary conditions. Upon closing, pre-merger NV5 shareholders are expected to own around 40% of the combined company, while pre-merger Acuren shareholders will own around 60%.

July 2, 2025 – NV5 Global, Inc. (Nasdaq: NVEE), a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions for the built environment, has announced that its stockholders have approved a proposed merger with Acuren Corporation. The merger was approved at a special meeting of stockholders held on July 31, 2025 [1].

Under the terms of the merger agreement, dated May 14, 2025, NV5 stockholders will receive approximately $23.00 per share, consisting of $10.00 in cash and $13.00 in shares of Acuren common stock at closing. The deal is subject to a 10% collar adjustment [1].

The post-merger ownership structure will see pre-merger NV5 stockholders owning approximately 40% of the combined company, while pre-merger Acuren stockholders will own about 60%. The transaction is expected to close in August 2025, subject to customary closing conditions [1].

For more information, interested parties can refer to the definitive joint proxy statement/prospectus filed by NV5 with the Securities and Exchange Commission (SEC) on July 2, 2025, as supplemented on July 21 [1].

References

[1] https://www.stocktitan.net/news/NVEE/nv5-stockholders-approve-proposed-merger-with-acuren-eg98km0oved4.html