WASHINGTON — (BUSINESS WIRE) — November 18, 2019 — Arlington Capital Partners (“Arlington Capital”), a Washington, DC-based private equity firm, announced today that Quantum Spatial (“Quantum” or the “Company”) has executed a definitive agreement to be acquired by NV5 Global, Inc. (NASDAQ: NVEE) for $303 million. Quantum Spatial, one of the nation's largest independent geospatial data firms, provides geographic insights to government and corporate organizations that need geospatial intelligence to mitigate risk, plan for growth, better manage resources and advance scientific understanding.
Peter Manos, a Managing Partner at Arlington Capital said, “Through significant investments in technology and people, Quantum Spatial has achieved significant organic growth during our ownership and solidified its role as the largest independent geospatial data firm in the United States. Quantum’s capabilities will complement NV5’s existing business lines and will unlock new opportunities for the combined business. We are excited to watch many of our key technology investments and operational initiatives continue to pay dividends under NV5’s leadership.”
“Through a combination of Arlington Capital’s growth investments and an extremely committed employee base, Quantum has built a robust market position and state-of-the art offerings that will accrue to NV5’s benefit in the coming years,” said Peter LaMontagne, CEO of Quantum Spatial. “We are proud of the business we have created, and we thank Arlington Capital for their support in helping drive our strategic growth initiatives and reach our current national scale. As we join with NV5, we are excited for the new capabilities and opportunities that our partnership unlocks.”
David Wodlinger, a Partner at Arlington Capital said, “Quantum’s culture of innovation and its position as the preeminent provider of geospatial data make it a truly unique company in an area of growing strategic and commercial importance. Management worked tirelessly to successfully execute the strategy we developed together, and this tremendous outcome is a testament to their dedication and steadfast work.”
About Arlington Capital Partners
Arlington Capital Partners is a Washington, DC-based private equity firm that is currently investing out of Arlington Capital Partners V, L.P., a $1.7 billion fund. The firm has managed approximately $4.0 billion of committed capital via five investment funds. Arlington is focused on middle market investment opportunities in growth industries including business services and software, government services and technology, aerospace & defense, and healthcare. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. www.arlingtoncap.com.
About Quantum Spatial
Quantum Spatial, Inc., one of the nation's largest independent geospatial data firms, provides geographic insights to the largest government and corporate organizations that need geospatial intelligence to mitigate risk, plan for growth, better manage resources and advance scientific understanding. A pioneer in advanced mapping technology, Quantum Spatial’s end-to-end solutions and services deliver the industry's highest data quality and accuracy, while leveraging the widest array of technologies for analyzing all types of terrains. Customers use the company's acquisition, processing, analytics and visualization solutions in a range of technical and scientific disciplines – from geology and biology, to hydrology, forestry and civil engineering. Utilities, oil and gas producers, engineering and construction firms, as well as the military and major government agencies, are Quantum Spatial customers. Quantum Spatial has multiple offices around the country.
About NV5
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of professional and technical engineering and consulting solutions ranked #34 on the Engineering News-Record’s Top 500 Design Firms list. NV5 serves public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure engineering and support services, energy, program management, and environmental solutions. The Company operates out of more than 100 locations worldwide. For additional information, please visit the Company’s website at www.NV5.com.
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Contact:
Peter Manos and David Wodlinger
Arlington Capital Partners
5425 Wisconsin Avenue, Suite 200
Chevy Chase, MD 20815
(202) 337-7500
