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
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