HOLLYWOOD, Fla. — NV5 Global Inc., a provider of compliance, technology, engineering, and environmental consulting solutions, acquired Global Realty Services Group LLC (GRS), a provider of real estate due diligence and transaction services providing property condition assessments, environmental assessments, and zoning services for real estate portfolio transactions. GRS is a growing provider of due diligence services and serves commercial mortgage lenders, government-sponsored enterprise agencies, insurance companies, real estate investment trusts, and loan originators. NV5 acquired GRS in an all-cash transaction, and it will be immediately accretive to NV5’s earnings.

“The addition of GRS to our existing real estate transaction services makes us the preeminent provider in the high-growth, high-margin real estate due diligence market,” said Dickerson Wright, P.E., chairman and CEO of NV5. “Our real estate transaction business has generated double-digit growth in 2021, and the addition of GRS’s 154 full-time equivalent personnel, premiere client list, and attractive end markets will help to drive additional growth in this highly-profitable sector.”

GRS has completed more than 10,000 projects across North America and utilizes a proprietary web-based data management system called G-NET which facilitates resource deployment, project management, and productivity reporting. The G-NET system allows GRS to deliver quicker response times for client needs with improved efficiency and profitability.