HOLLYWOOD, FL, Mar 27, 2025 – NV5 has announced the completion of the acquisition of CRS Survey PLLC (CRS Survey) to expand and support NV5’s existing operation in NC. CRS Survey specializes in conventional and geospatial aerial surveys to support roadway and bridge maintenance and improvements.
“NV5 has been a leader in infrastructure design and testing, inspection, and certification (TIC) services for the North Carolina Department of Transportation (NCDOT) and municipalities across the state for over 20 years. The adoption of new surveying and geospatial technologies, along with a shortage of licensed surveyors, has driven high-demand and high-margins for surveying services. The addition of CRS Survey strengthens our capabilities to support transportation clients throughout the state and drive accelerated organic growth for our Southeast operations,” said Ben Heraud, CEO of NV5.
CRS Survey is headquartered in Charlotte, NC, and serves public and private sector clients from the greater Charlotte metropolitan area to Greensboro and Winston-Salem. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings.
“Having worked with CRS Survey on many projects, we are excited to welcome them to the NV5 team and anticipate accelerated growth in our surveying and infrastructure services in North Carolina,” said Alex Hockman, CEO of Infrastructure at NV5.
Source: NV5
About NV5
NV5 Global Inc., headquartered in Hollywood, FL, provides technology, conformity assessment, and consulting solutions for public and private sector clients. The company supports infrastructure, utility, and building assets and systems, focusing on six business verticals: conformity assessment, infrastructure support services, utility services, buildings and technology, environmental health sciences, and geospatial services. Founded in 1949, NV5 has over 75 years of experience in the engineering and consulting industry. As of 2023, it employs approximately 3,813 professionals worldwide. In the fiscal year ending December 31, 2024, NV5 reported gross revenues of $941.3 million. The company operates over 100 locations in the U.S. and abroad, leveraging local market expertise. NV5 serves approximately 11,300 clients, with its ten largest clients accounting for about 25% of gross revenues in 2024. NV5 operates through a shared services platform, optimizing performance and efficiency across various locations. The company has set a goal of achieving $1.6 billion in annual revenues by 2028, driven by organic growth and strategic acquisitions in tech-based solutions and high-growth sectors.
About CRS Survey
CRS Survey PLLC is a certified Small Business Enterprise (SBE) and North Carolina Department of Transportation (NC DOT) prequalified firm specializing in land surveying services. Based in Albemarle, NC, the company offers topographic surveys, boundary surveys for residential and commercial properties, and construction staking to clients across regions from Charlotte to Asheboro, NC. Emphasizing personalized service, competitive rates, and customer satisfaction, CRS Survey PLLC is committed to delivering high-quality results on schedule.