Audio Visual (AV) M&A: NV5 Global Acquires KMK Technologies
This is technology M&A deal number 833 that ChannelE2E has covered so far in 2022. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
NV5 Global Acquires KMK Technologies
NV5, founded in 1947, is based in Hollywood, Florida. The company has 2,399 employees listed on LinkedIn. NV5’s areas of expertise include utility services, infrastructure engineering, testing, inspection and consulting, geotechnical, environmental, civil and program management, MEP engineering, code consulting, commissioning, retro-commissioning, technology design and energy optimization.
KMK Technologies, founded in 1971, is based in Monroeville, New Jersey. The company has one employee listed on LinkedIn. KMK’s areas of expertise include sound, video, acoustics, AV, audio/visual, consulting, technology, systems, integration, construction, design, schematic and programmatic.
NV5 provides technology, conformity assessment and consulting solutions.
KMK provides audiovisual, lighting, security, and IT systems for the facilities of both public and private sector clients. KMK will be integrated into NV5’s Buildings and Clean Energy business, according to NV5. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings, the company said.
NV5 Acquires KMK Technologies: Leadership Insight
Dickerson Wright, PE, chairman and CEO, NV5, commented:
“KMK has designed the building technology infrastructure for numerous high-profile projects, and we look forward to integrating these capabilities into our Buildings and Clean Energy business. NV5’s ability to deliver both MEP and technology design provides a competitive advantage on projects requiring integrated technical capabilities, and the acquisition of KMK strengthens NV5’s position as a leader in building systems design and consulting.”
Ben Heraud, COO of Buildings and Clean Energy Solutions, NV5, said:
“We are pleased to welcome KMK to the NV5 team as it strengthens our technology design and consulting capabilities.”