"Our shareholders know that we take cross-selling very seriously at NV5 because it is one of the key ways that we have been able to achieve consistent organic growth above the industry standard. We realize organic growth through synergy when we identify services that can be provided in-house through our existing platform, thus lowering subconsultant fees. Our capacity for cross-selling has expanded considerably throughout the integration of
Scott Kvandal, PE, Chief Synergy Officer at NV5, added, "The way we promote cross-selling is through a constant and methodical effort to increase communication across our network of 42 office locations, ensuring that our engineers, planners, surveyors, environmental scientists, and program managers know exactly what the capabilities of their colleagues are. By keeping the lines of communication open among our verticals, we can ensure that we are providing legacy clients as many services as possible, and that we can pursue larger, multifaceted and more lucrative contracts where the expertise of many different professionals is required to meet the client's needs."
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the "Risk Factors" set forth in the Company's most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.
Director of Investor Relations