financetom
Business
financetom
/
Business
/
BRIEF-Acuren Corporation And Nv5 Global Announce Merger With $2 Billion Combined Revenue
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Acuren Corporation And Nv5 Global Announce Merger With $2 Billion Combined Revenue
May 26, 2025 8:29 AM

May 15 (Reuters) - NV5 Global Inc ( NVEE ):

* ACUREN CORPORATION AND NV5 GLOBAL, INC. ANNOUNCE MERGER

WITH $2

BILLION COMBINED REVENUE

* ACUREN CORP ( TIC ) - NV5 STOCKHOLDERS TO RECEIVE $23 PER SHARE IN

MERGER

* ACUREN CORP ( TIC ) - TOTAL CONSIDERATION FOR NV5 ABOUT $1.7

BILLION

* ACUREN CORP ( TIC ) - MERGER EXPECTED TO BE ACCRETIVE WITH $20

MILLION

COST SYNERGIES

* ACUREN CORP ( TIC ): MERGER AGREEMENT PROVIDES FOR A 60-DAY

"GO-SHOP"

PERIOD FOR NV5

* ACUREN CORP ( TIC ) - STOCKHOLDERS TO OWN 60% OF COMBINED COMPANY

* ACUREN CORP ( TIC ): CASH PORTION OF ACQUISITION WILL BE FUNDED BY

A

FULLY COMMITTED $850 MILLION TERM-LOAN FACILITY AND CASH ON HAND

Source text:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved