Source: Benzinga

Marron: NV5 Acquires Albuquerque-based Environmental Consulting Firm, Marron and Associates

HOLLYWOOD, Fla., Sept. 07, 2017 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the "Company" or "NV5") (NASDAQ:NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it has acquired Marron and Associates, Inc. ("Marron"), a leading environmental services firm with offices in Albuquerque and Las Cruces, New Mexico. Marron has 15 full-time professionals and is expected to add approximately $2 million a year to NV5's existing environmental operations in Albuquerque. The acquisition was made entirely in cash and will be immediately accretive to NV5's earnings.In addition to providing environmental planning, natural and cultural resources, environmental site assessment, and GIS services, Marron specializes in environmental documentation preparation, particularly in accordance with the National Environmental Policy Act (NEPA). The company also has a growing Municipal Separate Storm Sewer System (MS4) permitting program. Marron's professionals serve public and private clients throughout the Southwest, including the New Mexico Department of Transportation, Bureau of Land Management, Bureau of Indian Affairs, Federal Highway Administration, U.S. Department of Agriculture, U.S. Fish and Wildlife Service, and U.S. Forest Service."Marron's environmental planning and permitting (EP&P) practice will meaningfully enhance NV5's environmental services vertical in a market we know quite well," said Dickerson Wright, PE, Chairman and CEO. "Our Albuquerque team has worked with Marron in the past ...Full story available on Benzinga.com

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Est. Annual Revenue
$100K-5.0M
Est. Employees
25-100
Shelly Herbst's photo - President & CEO of Marroninc

President & CEO

Shelly Herbst

CEO Approval Rating

70/100

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