Asset Manager

Updated:

NV5 Global

NV5 CEO Dickerson Wright built a $800M+ revenue engineering and geospatial services firm through M&A consolidation.

NV5 Global

NV5 is a provider of technology, conformity assessment, and consulting solutions in the infrastructure, utility, and building sectors. The company offers services in construction quality assurance, infrastructure engineering, utility services, buildings & technology, environmental health sciences, and geospatial technology services. NV5 was founded in 1947 and is based in Hollywood, Florida.

General information

Firm type

Asset Manager

Year founded

2000

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Hollywood

Corporate office

Hollywood, FL, United States

Principals

Dickerson Wright

Chairman and CEO

Alex Hockman

CEO, NV5 Infrastructure

Peter Busbee

CEO, NV5 Geospatial

Sector focus

InfrastructureGeospatialEngineering & ConstructionEnvironmental ServicesEnergy & Utilities

Frequently asked questions

Who runs investment decisions at NV5?

Dickerson Wright serves as Chairman and CEO, overseeing all strategic decisions including M&A. Alex Hockman runs NV5 Infrastructure, while Peter Busbee leads NV5 Geospatial. The firm's public company structure means the board of directors also approves major acquisitions (per the firm's proxy statement, 2024).

How does NV5 source proprietary deal flow?

NV5 sources acquisition targets through its network of acquired company owners and industry relationships. The firm targets small firms fragmented across engineering, geospatial, and environmental niches where local relationships drive deal access. Many transactions are bilateral rather than auction-based (per investor presentations, 2023).

Is NV5 a family office or a public company?

NV5 is a publicly traded company on NASDAQ (NVEE). It is not structured as a family office. However, its founder Dickerson Wright retains a significant ownership stake and directs long-term strategy, giving it a concentrated ownership profile atypical for a public firm (per SEC filings, 2024).

Does NV5 participate in fund commitments or only direct deals?

NV5 does not operate as an investment firm making fund commitments. Its capital deployment is limited to direct acquisitions of engineering and consulting firms, funded by operating cash flow and occasional equity offerings. It has no disclosed private fund or co-investment program.

What investment stages does NV5 typically target?

NV5 acquires established, profitable small to mid-sized engineering, geospatial, and environmental firms. These targets typically generate $5M-$50M in annual revenue. The firm does not invest in startups or venture-stage companies (per consistent disclosures in its annual reports).

Which sectors does NV5 explicitly avoid?

NV5 avoids software-only, consumer, and healthcare businesses. Its focus is narrowly on infrastructure, geospatial, environmental, and energy-related engineering services. The firm also avoids international targets beyond North America and select Middle East projects.

Where does the underlying wealth come from?

NV5's revenues come from government contracts (federal, state, and local) and private-sector infrastructure clients. It is not a family office managing external wealth; it is an operating company generating earnings through service delivery. Founder Dickerson Wright's personal wealth stems from his ownership stake in the public firm (per SEC filings).

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