Acuren Corporation announced on July 15, 2025, the expiration of the 60-day "go-shop" period in connection with its previously announced merger agreement with NV5 Global, Inc. The merger agreement was dated May 14, 2025.
During the go-shop period, NV5 was permitted to solicit and negotiate with third parties regarding potential acquisition proposals. The expiration of this period indicates that NV5 did not receive a superior proposal that it chose to pursue.
This development signifies that the merger between Acuren and NV5 is proceeding as originally planned without any competing bids emerging. It removes a potential uncertainty regarding the transaction's completion.
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