Loeb & Loeb represented NV5 Global, Inc., a leading provider of technology, conformity assessment and consulting solutions, in its $1.7 billion merger with Acuren Corporation, a provider of tech-enabled testing, inspection, certification and compliance (TICC) services and critical asset integrity solutions.
Under terms of the agreement, NV5 stockholders received $23.00 per share, consisting of $10.00 in cash and 1.1523 shares of Acuren common stock for each share of NV5 common stock, representing an enterprise value of approximately $1.7 billion. The transaction was approved by the stockholders of each of Acuren and NV5 at their respective stockholder meetings on July 31, 2025.
NV5’s common stock ceased trading immediately prior to market open on August 4, 2025, and is no longer listed on Nasdaq. Acuren’s common stock continues to be listed on the New York Stock Exchange under the ticker symbol “TIC.”
The transaction creates a market-leading North American provider of TICC and engineering services, with more than $2 billion in revenue, 11,000 employees and over 230 locations. The combined company will serve critical sectors, including infrastructure, energy, utilities, government and data centers.
The Loeb team was led by Mitchell Nussbaum, co-chair of the firm, and included Lloyd Rothenberg, co-chair of the Capital Markets & Corporate practice; Capital Markets partner Norwood Beveridge and senior counsel Patrick MacMurray; Corporate partners Megan Stombock, Marina Casani, Michael Gerald and Robert Barry, associate Evan Saunders and senior paralegal Hope Wankel; Jay Musoff, co-chair of the White Collar Criminal Defense & Investigations practice; Finance partner Peter Beardsley; Employment & Labor partner Mark Goldberg; Patent Litigation partner William Voller; Litigation partner Albert Cohen and senior counsel Nicole Travers; and Advanced Media & Technology of counsel Eyvonne Mallett and senior counsel Maxwell Harwitt.
For more information, please see Acuren’s press release.
Under terms of the agreement, NV5 stockholders received $23.00 per share, consisting of $10.00 in cash and 1.1523 shares of Acuren common stock for each share of NV5 common stock, representing an enterprise value of approximately $1.7 billion. The transaction was approved by the stockholders of each of Acuren and NV5 at their respective stockholder meetings on July 31, 2025.
NV5’s common stock ceased trading immediately prior to market open on August 4, 2025, and is no longer listed on Nasdaq. Acuren’s common stock continues to be listed on the New York Stock Exchange under the ticker symbol “TIC.”
The transaction creates a market-leading North American provider of TICC and engineering services, with more than $2 billion in revenue, 11,000 employees and over 230 locations. The combined company will serve critical sectors, including infrastructure, energy, utilities, government and data centers.
The Loeb team was led by Mitchell Nussbaum, co-chair of the firm, and included Lloyd Rothenberg, co-chair of the Capital Markets & Corporate practice; Capital Markets partner Norwood Beveridge and senior counsel Patrick MacMurray; Corporate partners Megan Stombock, Marina Casani, Michael Gerald and Robert Barry, associate Evan Saunders and senior paralegal Hope Wankel; Jay Musoff, co-chair of the White Collar Criminal Defense & Investigations practice; Finance partner Peter Beardsley; Employment & Labor partner Mark Goldberg; Patent Litigation partner William Voller; Litigation partner Albert Cohen and senior counsel Nicole Travers; and Advanced Media & Technology of counsel Eyvonne Mallett and senior counsel Maxwell Harwitt.
For more information, please see Acuren’s press release.
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乐博律所联席主席
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Co-Chair, Capital Markets & Corporate
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