NV5 Global (NASDAQ:NVEE) has completed its acquisition of Herman Cx, a U.S.-based provider of commissioning and conformity assessment services for hyperscale data centers. The cash-and-stock deal is expected to be immediately accretive to NV5’s earnings. Financial terms were not disclosed.
Founded in 2016, Herman Cx supports critical infrastructure for leading U.S. technology companies, financial institutions, and co-location data centers. The firm offers design reviews and functional testing to ensure data center systems meet cooling, power, and safety requirements. It has commissioned infrastructure up to 175 MW and provides end-to-end critical testing, from individual components to full system integration.
NV5 CEO Ben Heraud said the acquisition strengthens the company’s hyperscale data center commissioning capabilities and supports its growth in the domestic market. He added that mission-critical commissioning also opens cross-selling opportunities across NV5’s MEP design, fire protection, and power delivery services while generating recurring revenue beyond the initial build phases.
“Data centers continue to be a strategic growth driver for NV5, generating over 20% organic growth,” said Andrew Chang, chief operating officer of buildings and technology. “We’re excited about the cross-selling potential this acquisition brings.”
The announcement follows NV5’s recent award of $18 million in data center design and commissioning contracts across the U.S. and Asia, further cementing its role in enabling efficient, resilient, and sustainable infrastructure for cloud and AI operations.
Price Action: NVEE shares closed lower by 2.03% to $17.41 o Wednesday.
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