NV5 Global, Inc. — Cyborg Score 7/10

Strong
Professional and Business Services

Strategic Profile

NV5 operates through three primary segments—Infrastructure, Buildings & Technology Sciences, and Geospatial Solutions—leveraging decentralized management with centralized technology platforms to drive agility and client responsiveness. The company differentiates through proprietary geospatial capabilities (LiDAR/thermal surveys), data analytics platforms, and cross-vertical integration that reduce project timelines and lifecycle costs. Leadership targets acquisition-driven expansion into clean energy and international markets alongside organic growth.

Cyborg Score Rationale

NV5 demonstrates solid fundamentals with growing backlog (\$875M as of January 2026), revenue scaling toward \$1.5B target by 2027, and strategic M&A execution. However, the transition to private ownership and delisting introduces uncertainty in public financial data and operational transparency that moderately constrains the outlook.

Top Insights

  • (January 2026) NV5 reported project backlog of \$875M with management targeting \$1.5B annual revenue by 2027 via 5-7% organic growth plus selective M&A in clean energy and international markets
  • (September 2025) Completed acquisition of Marine Taxonomic Services to expand environmental consulting capabilities
  • (August 2025) Acquired by TIC Solutions, Inc., transitioning from public to private ownership and later merging with Acuren Corporation
  • Revenue model blends professional service fees, long-term public agency contracts, and growing subscription products in digital buildings and grid modernization services

Named Competitors

  • Willdan Group — Engineering consulting for energy efficiency and utility services
  • Langan — Environmental consulting and engineering services
  • Eastern Research Group — Environmental consulting and air quality services
  • Mott MacDonald Group — Global engineering and consulting for infrastructure projects
  • Environmental Quality Management — Environmental compliance and remediation consulting

Recent Developments

  • (September 2025) Acquired Marine Taxonomic Services for environmental and geospatial expertise
  • (August 2025) Became subsidiary of TIC Solutions following acquisition transaction
  • (September 2025) Delisted from NASDAQ after merger with Acuren Corporation to create consolidated TICC services provider
  • (January 2026) Reported \$875M project backlog; disclosed revenue run rate above \$1.15B in 2025

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