NV5 Acquires Alta Environmental
HOLLYWOOD, Fla. — NV5 Global Inc., a provider of professional and technical engineering and consulting solutions, acquired Alta Environmental, L.P. (“Alta”), a consulting firm specializing in air quality, environmental building sciences, water resources, site assessment, and remediation as well as environmental health and safety compliance services. Alta employs 41 environmental engineers and professionals and is based in Long Beach, California. Alta’s client portfolio includes large retail chains, major manufacturers, airports, small and large municipalities, aerospace companies, and higher education. The acquisition was an all-cash transaction and will be immediately accretive to NV5’s earnings.
“Alta Environmental’s reputation in the industry is exceptional, and its ability to take on large projects is truly impressive, as demonstrated by its contract serving Los Angeles World Airports,” said Dickerson Wright, P.E., chairman and CEO of NV5. “The rapid growth of our transactional services, which include environmental site assessments and remediation management, has positioned NV5 as a leader in the environmental due diligence market, and Alta Environmental will strengthen our environmental platform.”
Alta Environmental’s engineering and professional staff expands NV5’s technical capabilities as the firm focuses on all areas of transactional services, said Jeff Echko, COO, environmental health sciences, NV5.
“With these added technical skills and cross-selling opportunities, we expect our growth rate to continue to exceed the overall market,” he said.
Alta has focused on providing our clients with solutions that meet their complex needs and have developed long-term relationships with some of the largest companies and agencies in the world, said Lisa Kay, president of Alta Environmental.
“Joining NV5 allows us to provide even more environmental, engineering, and consulting solutions to meet our clients’ unique challenges and provides immediate cross-selling opportunities for complementary services throughout NV5’s portfolio,” she said.
For more information, visit www.nv5.com.