Arlington Capital Partners Agrees to Sell Quantum Spatial to NV5 Global, Inc. for $303 Million
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,...