Add-on Acquisition • Engineering

urban-gro Acquires DVO

On November 1, 2022, urban-gro acquired engineering company DVO for 6M USD

Acquisition Context
  • This is urban-gro’s 2nd transaction in the Engineering sector.
  • This is urban-gro’s 2nd largest (disclosed) transaction.
  • This is urban-gro’s 3rd transaction in the United States.
  • This is urban-gro’s 1st transaction in Texas.

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M&A Deal Summary

Date November 1, 2022
Target DVO
Sector Engineering
Buyer(s) urban-gro
Deal Type Add-on Acquisition
Deal Value 6M USD

Target Company

DVO

Houston, Texas, United States
DVO is an engineering firm that produces accurate mechanical, electrical, plumbing, and fire protection drawings in addition to meeting deadlines. DVO was formed in 1974 and is based in Houston, Texas.
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Buyer Overview 1

Buyer

urban-gro

Lafayette, Colorado, United States

Category Company
Founded 2014
Sector Engineering
Employees130
Revenue 72M USD (2023)
DESCRIPTION

urban-gro provides engineering design services for Controlled Environment Agriculture facilities and integrates complex environmental equipment systems into these high-performance facilities. urban-gro was formed in 2014 and is based in Lafayette, Colorado.


Deal Context for Buyer #
Overall 3 of 3
Sector: Engineering 2 of 2
Type: Add-on Acquisition 3 of 3
State: Texas 1 of 1
Country: United States 3 of 3
Year: 2022 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-14 Emerald C.M.

Centennial, Colorado, United States

Emerald C.M. is a construction management firm providing comprehensive construction and supervisory services, from initial design through final build-out. As a design-build services provider, the company has built a solid reputation with its clients and a network of reliable architects, engineers, subcontractors, and vendors. It specializes in providing full-service design-build and construction management services and serves as a single point of responsibility for all its clients’ construction needs. Emerald C.M. is based in Centennial, Colorado.

Buy $7M