NEW YORK, Aug. 1, 2025 /PRNewswire/ -- Kodiak Gas Services Inc. (NYSE: KGS) will replace NV5 Global Inc. (NASD: NVEE) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, August 06. Acuren Corp. (NYSE: TIC) is acquiring NV5 Global in a deal expected to be completed soon pending final conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector Aug ...

HOLLYWOOD, Fla., July 31, 2025 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (Nasdaq: NVEE) (“NV5” or the “Company”), a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions for the built environment, announced today that holders of a majority of its outstanding common stock voted to approve the proposed merger (the "Merger") with Acuren Corporation ("Acuren") at a Special Meeting of Stockholders (the "Special Meeting") held today. Under the terms of the Agreement and Plan of Me ...

Group 1 - Halper Sadeh LLC is investigating NV5 Global, Inc. for potential violations related to its sale to Acuren Corporation, where NV5 shareholders will receive approximately $23.00 per share, consisting of $10.00 in cash and an estimated $13.00 in Acuren common stock [1] - TaskUs, Inc. is also under investigation for its sale to affiliates of Blackstone and executives and founders of TaskUs for $16.50 per share [2] - The firm may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders, operating on a contingent fee basis [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC free of charge to discuss their legal rights and options [4]

Core Viewpoint - Kaskela Law LLC has initiated an investigation into the fairness of the proposed buyout of NV5 Global, Inc. to assess whether the buyout price undervalues the company's shares [1][3]. Buyout Details - NV5 announced an agreement to be acquired by Acuren Corporation at a price of $23.00 per share, which includes $10.00 in cash and $13.00 in Acuren's stock [2]. - Following the transaction, NV5's shareholders will be cashed out, and the company's shares will cease to be publicly traded [2]. Investigation Focus - The investigation aims to determine if the buyout price is too low and whether NV5's officers or directors breached their fiduciary duties or violated securities laws in agreeing to the $23.00 price [3]. - At the time of the announcement, at least one stock analyst had a price target of $28.00 per share for NV5, indicating a potential undervaluation [3]. Shareholder Actions - NV5 shareholders who believe the buyout price is inadequate are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options [4].

Core Insights - NV5 has acquired Professional Systems Engineering, LLC (PSE), enhancing its capabilities in designing facility technologies for corrections and public safety infrastructure [1][2] - The acquisition is expected to be immediately accretive to NV5's earnings and strengthens its leadership position in a specialized sector with high barriers to entry [2] Company Overview - NV5 Global, Inc. specializes in tech-enabled engineering, certification, and consulting solutions, focusing on infrastructure resilience and building systems performance [4] - PSE, founded in 1986, provides engineering, planning, design, and construction services for various sectors, including justice, corrections, education, healthcare, and manufacturing [3] Strategic Implications - The acquisition allows NV5 to expand its reach into a sector with specialized building technology requirements, leveraging PSE's existing contracts with state, local, and educational agencies in the Northeast [2] - NV5 operates over 100 offices nationwide and abroad, positioning itself to integrate PSE's services across its network [4]

Core Viewpoint - Kaskela Law LLC is investigating the fairness of the proposed buyout of NV5 Global, Inc. at a price of $23.00 per share, which may undervalue the company's shares [1][2]. Group 1: Buyout Details - NV5 announced an agreement to be acquired by Acuren Corporation at a price of $23.00 per share, consisting of $10.00 in cash and $13.00 in Acuren's stock [2]. - Following the transaction, NV5's shareholders will be cashed out, and the company's shares will no longer be publicly traded [2]. Group 2: Investigation Focus - The investigation aims to determine if NV5's investors are receiving adequate financial consideration for their shares and whether the company's officers or directors breached fiduciary duties or violated securities laws in agreeing to the buyout price [3]. - At the time of the announcement, at least one stock analyst had a price target of $28.00 per share for NV5, indicating a potential undervaluation in the buyout offer [3].

Core Viewpoint - Kaskela Law LLC has initiated an investigation into the fairness of the proposed buyout of NV5 Global, Inc. to assess whether the buyout price adequately reflects the company's value [1][3]. Group 1: Buyout Details - NV5 announced an agreement to be acquired by Acuren Corporation at a price of $23.00 per share, which includes $10.00 in cash and $13.00 in Acuren's stock [2]. - Following the transaction's completion, NV5's shareholders will be cashed out, and the company's shares will cease to be publicly traded [2]. Group 2: Investigation Focus - The investigation aims to determine if NV5's investors are receiving sufficient financial consideration for their shares and whether the company's officers or directors violated fiduciary duties or securities laws in agreeing to the buyout price [3]. - At the time of the announcement, at least one stock analyst had a price target of $28.00 per share for NV5, indicating a potential undervaluation in the proposed buyout [3].

Core Insights - NV5 has been awarded over $20 million in contracts by the New York City Department of Parks and Recreation for engineering design and construction management to improve parks and recreational facilities [1][2][3] - The company has a 20-year relationship with NYC Parks, supporting the design and construction of over 1,700 parks and recreational spaces [1][3] - The improvements aim to enhance user experience and quality of life, providing attractive and resilient amenities for various recreational programs [2][3] Company Overview - NV5 Global, Inc. is a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions for the built environment [4] - The company specializes in engineering design, asset management, and geospatial data analytics to support infrastructure resilience and building systems performance [4] - NV5 operates from more than 100 offices nationwide and internationally [4]

Core Insights - NV5 has been awarded a $5 million contract to provide engineering design services for high-voltage substations supporting data centers in Georgia and Nevada [1] - The company emphasizes its competitive advantage in supporting the operability of data centers and the necessary utility infrastructure [2] - NV5 specializes in tech-enabled engineering, testing, inspection, and consulting solutions for the built environment, operating over 100 offices [3] Company Overview - NV5 Global, Inc. (NASDAQ: NVEE) is a leading provider of engineering, certification, and consulting solutions [3] - The company focuses on engineering design, asset management, and geospatial data analytics to enhance infrastructure resilience [3] - NV5 operates both nationally and internationally, providing services throughout the entire asset lifecycle [3] Services Provided - NV5 will deliver materials development specifications, design engineering, construction oversight, and coordination between electric utilities and data center development teams [1] - Essential services include relay settings, SCADA and HMI programming, and comprehensive power system studies for substations operating between 120 kV and 345 kV [2] - The designs will feature multiple incoming transmission lines, high-capacity transformers, and advanced switchgear to ensure reliability and operational flexibility [2]

Core Insights - NV5 has been awarded a five-year contract by NOAA valued at up to $250 million for shoreline mapping services [1][3] - The contract will support NOAA's Coastal Mapping Program, enhancing nautical charts and coastal applications [3][4] - NV5's expertise in geospatial services positions the company favorably despite recent federal funding cuts [4] Company Overview - NV5 Global, Inc. specializes in tech-enabled engineering, testing, inspection, and consulting solutions for the built environment [4] - The company operates over 100 offices both domestically and internationally [4] - NV5 focuses on engineering design, asset management, and geospatial data analytics to support infrastructure resilience [4]