Hollywood, FL, USA — NV5 Global, Inc., a provider of professional and technical engineering and consulting solutions, announced that it has acquired JBA Consulting Engineers, Inc., a Las Vegas, Nevada-based MEP engineering, acoustics, technology, and fire protection consulting firm with approximately $33 million in annual revenue. The acquisition was primarily financed with cash on hand from the Company’s balance sheet and is expected to be immediately accretive to NV5’s earnings.
Since 1966, JBA’s team of approximately 220 professionals has been serving major public and private clients such as Hilton, Marriott, and major theme parks, as well as casinos and entertainment groups internationally, including Wynn, Caesars, MGM, Crown, Sands, Red Rock, and Hard Rock. JBA is also a Trusted Advisor to the City of Las Vegas, Clark County, and McCarren International Airport. In addition to its corporate headquarters in Las Vegas, JBA has 12 offices in California,Arizona, Massachusetts, Louisiana, Georgia, New York, Florida, and abroad in Hong Kong, Shanghai,Vietnam, and Macau.
Regarding the acquisition, Dickerson Wright, PE, Chairman and CEO of NV5, said, “Incorporating JBA’s highly skilled and established team into the NV5 family will expand and strengthen NV5’s existing energy and environmental platform by introducing our professionals to new clients and making new services available to our existing clients. We have identified many great opportunities for our two organizations to move forward together and become a significant player in highly profitable markets we have sought to enter.”
Dwayne Miller, Chairman of JBA, added, “Over the past 50 years, JBA’s exceptional engineers and technologists have worked on numerous recognizable landmarks for our industry such as theMirage Hotel Casino, the Bellagio, Mandalay Bay and most recently, the MGM and Wynn Palace projects on the Cotai Strip in Macau. Becoming part of NV5 enables us to elevate our business and ‘care, lead and do great work’ at a whole new level.”
Comments Off on A meeting of minds and disciplines
Comments Off on Could Mad Systems’ new recognition technology “change everything” about experience design?
Comments Off on Pete Barto joins Extreme Engineering as VP, Sales and Strategic Partnerships
Comments Off on CAVU Designwerks launches Bluesky Services
Jan 15, 2021 Comments Off on LEGOLAND Florida Resort to kick off 10th Anniversary celebration with high wire walk by Nik Wallenda
Jan 15, 2021 Comments Off on Museum of Illusions added to ICON Park Play Pass
Jan 14, 2021 Comments Off on Panasonic providing specialized projection technology for Illuminarium experience centers
Jan 13, 2021 Comments Off on Christie introduce Pandoras Box Version 8 for real-time video processing and show control
Dec 29, 2020 Comments Off on Cedar Fair seeks Corporate Director, CommunicationsThe position will lead strategy development and execution...
Dec 28, 2020 Comments Off on Pursuit seeks Financial Analyst, FP&AThis role will focus on all aspects of financial planning...
Dec 26, 2020 Comments Off on AOA seeks Show Set DesignerThere will be a great deal of freedom, which will be...
Dec 09, 2020 Comments Off on Visualization firm THE THIRD FLOOR has openings for a variety of positionsTHE THIRD FLOOR is currently seeking Postvis Generalists,...
Dec 09, 2020 Comments Off on CineVenture seeks 3D character animatorCineVenture develops high-end content for the global...