NV5 Global (NVEE) said Monday it has completed the acquisition of Southport Engineering Associates through a combination of cash and stock.
Financial terms weren't disclosed.
The transaction is immediately accretive to NV5's earnings, it added.
Southport Engineering offers energy efficiency, engineering design, and owner representation consulting, NV5 said.
Shares of the company were up 4.6% in recent Monday premarket activity.
Price: 21.89, Change: +0.96, Percent Change: +4.59
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.