NV5 strengthens energy services by acquiring Celtic Energy

HOLLYWOOD, Fla. — NV5 Global Inc. has acquired Celtic Energy Inc., a nationally recognized energy consulting firm that specializes in energy project management and oversight. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.

Dickerson Wright, chairman and CEO of NV5, said, “This tuck-in acquisition will support our existing energy efficiency company, Energenz, as well as fuel the growth of Energenz’s energy efficiency and subscription-based revenues with the introduction of Celtic Energy’s new client mix, including federal, state and local governmental agencies; healthcare providers; educational institutions; and large corporate property owners. The acquisition of Celtic Energy enables NV5 to secure additional energy efficiency program capabilities that were recently mandated for investor-owned gas and electric companies in California.”

For more information, visit www.celticenergy.com or www.NV5.com.

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