El Dorado Hills engineering company acquired by Florida firm
• Dunn Environmental picked up by NV5 Holdings
• “His commitment to innovation aligns with ours”
Environmental and hydrogeology science company Dunn Environmental Inc., of El Dorado Hills, near Sacramento, has been acquired by NV5 Holdings Inc. (NASDAQ: NVEEU) of Hollywood, Fla.
Dunn Environmental was purchased with a combination of cash and stock. Neither firm announced a monetary value for the deal.
All Dunn Environmental staff and management have joined the NV5 team, including 25-year principal Patrick Dunn, who will continue to service their existing environmental client base and help grow the same vertical within NV5.
"The acquisition of Dunn Environmental adds to our environmental services vertical in Northern California and brings a strong list of clients in both the public and private sector," says Dickerson Wright, chairman and CEO of NV5. "Dunn's extensive environmental, ground water and engineering geology experience are highly complementary to NV5. His commitment to innovation aligns with ours and we look forward to working with this highly capable team of environmental professionals."
Mr. Dunn says that joining a full-service engineering company like NV5 will bring his team an array of resources to expand environmental service offerings. “We look forward to leveraging NV5's wide-ranging experience and proven track record to better serve our clients in their environmental and water resource projects," he says.