NV5 Global Acquires Intrepid Engineering LLC

NV5 Global Acquires Fulton Consulting Engineers

March 8, 2022

Engineering Services

NV5 Global, Inc. (NV5) acquired Fulton Consulting Engineers through an asset purchase to strengthen NV5's mechanical, electrical, and plumbing (MEP) design and energy efficiency capabilities in California and the Southwest. The acquisition expands NV5's buildings and energy efficiency offerings and is expected to be immediately accretive to earnings.

Legence Corp Acquires Innovative Mechanical & Design

December 2, 2025

Engineering Services

Legence Corp. (Nasdaq: LGN), a Blackstone-backed national MEP engineering and services provider, has acquired Innovative Mechanical & Design, LLC (IMD), a Windsor, Colorado-based mechanical and plumbing contractor serving healthcare, pharmaceutical, higher education, semiconductor and hyperscaler clients. The acquisition is a bolt-on to Legence’s platform to expand its service, maintenance and fabrication capabilities and broaden its regional footprint.

Systems Planning & Analysis (SPA) Acquires Intrepid

March 19, 2025

Aerospace & Defense

Systems Planning & Analysis (SPA), a portfolio company of Arlington Capital Partners, has acquired Intrepid, a Huntsville, Alabama-based engineering firm with prime positions in missiles and space, enterprise modernization, and aviation and mission support. The add-on strengthens SPA's capabilities in integrated battle management and enterprise modernization, broadening its presence with the U.S. Army and enhancing mission support across missile, space and aviation domains.

Intrepid Makes Strategic Investment in ECOTEC International Holdings

February 3, 2022

Energy

Funds managed by Intrepid Investment Management (the investing arm of Intrepid Financial Partners) have made a strategic growth investment in ECOTEC International Holdings, LLC to accelerate production and the roll-out of its methane emissions instrumentation and emissions data software. The capital and Intrepid's energy-sector expertise will support ECOTEC's expansion into oil and gas while meeting strong demand in the biogas and natural gas markets.

Michael Baker International Acquires Strategic Interest in Infinity MEP+S Consultants

June 6, 2024

Engineering Services

Michael Baker International announced a strategic investment in Houston-based Infinity MEP+S Consultants, integrating the MEP, structural, fire protection and technology design firm into its Sustainable and Resilient Solutions (SRS) vertical and Akela Engineering team. The deal expands Michael Baker's capabilities in MEP and related services and broadens its geographic footprint in Texas and the Middle East; Infinity operates five offices with over 50 employees.

Source Advisors Acquires Intrepid Advisors

December 8, 2020

Accounting & Tax

Source Advisors, supported by equity partner Gainline Capital Partners, has acquired Intrepid Advisors to expand its nationwide footprint and technical leadership in R&D tax credit and specialized tax incentive consulting. The deal strengthens Source Advisors' service offering for manufacturing, technology companies, and CPA firm partners by adding Intrepid's engineering-driven R&D tax credit expertise.