NV5 Reaches Agreement To Acquire California Water Resources Group In All-Cash Transaction, Size Not Disclosed; Expects To Recognize Revenue From Acquisition By Late Q3 Of 2024
Portfolio Pulse from Benzinga Newsdesk
NV5 has announced an agreement to acquire California Water Resources Group in an all-cash transaction. The size of the deal has not been disclosed, but NV5 expects to recognize revenue from this acquisition by late Q3 of 2024.
August 27, 2024 | 12:18 pm
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NV5 has agreed to acquire California Water Resources Group in an all-cash transaction. The acquisition is expected to contribute to NV5's revenue by late Q3 2024.
The acquisition of California Water Resources Group is likely to enhance NV5's revenue streams, as the company expects to recognize revenue from this acquisition by late Q3 2024. This strategic move could positively impact NV5's financial performance and market position.
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