Forbes M&A Represents ORSI in Successful Sale to NV5 Holdings, Inc


Posted July 8, 2014 by associate12

Forbes Mergers & Acquisitions, a leading financial and transaction advisor, announced the successful acquisition of its client, Owner’s Representative Services, Inc.

 
Greenwood Village, CO, July 08, 2014 -- Forbes Mergers & Acquisitions, a leading financial and transaction advisor, announced the successful acquisition of its client, Owner’s Representative Services, Inc. (ORSI), a program management firm specializing in healthcare facilities development and construction projects, by NV5 Holdings, Inc. (“NV5”) (Nasdaq:NVEE). Forbes M&A senior advisors, Bill Nack and Bob Forbes, served as the exclusive financial counsel to ORSI for this transaction.

Founded in 1994, ORSI delivers program management and owner’s representation services to healthcare organizations engaged in real estate development and construction projects. The company operates out of offices in Cleveland, Ohio and Denver, Colorado.

Forbes M&A came highly recommended to ORSI president, Mark Tasker, who was looking for an experienced partner with appropriate industry knowledge to guide the company through the acquisition process. “The Forbes M&A team has made the acquisition process surprisingly smooth,” said Tasker. “In preparation to sell, they helped us take a hard look at every aspect of our business and worked with us on marketing and positioning. Then, they quickly came up with the right buyer that exactly matched our strategic goals. From beginning to end they have been on our side. I believe Forbes M&A is the best company we could have trusted to handle our acquisition.”

The buyer, NV5, is a provider of professional and technical engineering and consulting solutions. “The acquisition of ORSI strengthens our Program Management vertical by expanding our service footprint in the Midwest and the Rocky Mountain regions, and by adding tremendous expertise in healthcare facilities construction, a new segment for our Company,” said Dickerson Wright, Chairman and CEO of NV5. “OSRI’s owner’s representation and program management services have been the preferred choice for healthcare facilities, due to their commitment to cost effective and efficient projects. This added dimension will provide new business development opportunities, and we look forward to integrating the ORSI team and leveraging their skills and expertise to grow NV5’s program management vertical.”

Forbes M&A specializes in providing senior-level advice to lower and middle market businesses. “As entrepreneurs ourselves, every Forbes M&A advisor understands the challenges of buying, selling, or raising capital, while also operating a business,” said Bill Nack, Managing Director at Forbes M&A. “It has been very rewarding to work with ORSI. They are a well-run organization with a clear vision, which made it possible to find a great buyer match. This transaction aligns well with the goals of both companies and we are pleased to have been a part of it.”

About Forbes Mergers & Acquisitions:
Forbes M&A is a leading transaction advisor to private companies. The firm represents and assists owners during the process of selling their businesses, merging or partnering with other companies, or growing through acquisition. The firm also provides valuation and strategic planning services, and can facilitate the raising of debt or equity capital. For more information, call 303-770-6017 or go to www.ForbesMA.com.

Contact:
Lisa Holmes
Forbes M&A
8480 E. Orchard Rd., Suite 5700
Greenwood Village, CO 80111
303-256-6768
[email protected]
http://www.forbesma.com
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Contact Email [email protected]
Issued By Lisa Holmes
Phone 303-256-6768
Business Address 8480 E. Orchard Rd., Suite 5700
Country United States
Categories Business
Tags construction , firm , healthcare , projects
Last Updated July 8, 2014