NV5, a provider of technology, certification, and consulting solutions, announced that it completed the acquisition of Herman Cx, a provider of commissioning and conformity assessment services for hyperscale data centers.
Launched in 2016, Herman Cx supports data center infrastructure for U.S. technology companies, the financial services sector, and co-location data centers. This acquisition was made using a combination of cash and stock and will immediately increase NV5’s earnings.
The company’s engineers and commissioning authorities deliver design reviews, functional testing, and critical infrastructure testing to verify compliance with the design specifications of data center cooling, power, and safety systems. And the company has commissioned hyperscale data center infrastructure up to 175 megawatts. It provides all five mission-critical testing and commissioning levels, from factory testing of components to the interoperability of all data center systems.
KEY QUOTES:
“The acquisition of Herman Cx is another positive step in the growth of NV5’s domestic data center business, expanding our commissioning capabilities for hyperscale data centers. Mission critical commissioning provides cross-selling opportunities for our MEP-technology design, fire protection, and power delivery services, and it delivers a recurring revenue stream long after the design and construction of data center facilities.”
- Ben Heraud, CEO of NV5
“Data centers continue to be a strategic growth driver for NV5, generating over 20% organic growth, and we are excited for the cross-selling opportunities that will come from this acquisition.“
- Andrew Chang, Chief Operating Officer of Buildings and Technology at NV5
