Acuren Corporation and NV5 Global, Inc. announced on May 15, 2025, that they have entered into a definitive agreement to combine the two companies. This merger will create an industry-leading Testing, Inspection, Certification, and Compliance (TICC) and engineering services company with a combined revenue of $2 billion.
Under the terms of the proposed transaction, NV5 stockholders will receive $23.00 per share. This consideration consists of $10.00 in cash and an estimated $13.00 in shares of Acuren common stock at closing, subject to adjustment.
The combination is expected to enhance the market position of both companies by creating a larger, more diversified entity in the TICC and engineering services sector. This strategic move aims to leverage the strengths of both organizations to drive future growth.
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