Bock & Clark Corporation has been sold to NV5 Global
Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce the sale of Bock & Clark Corporation (“Bock & Clark” or the “Company”) to NV5 Global, Inc. (“NV5”).
Founded in 1973 and headquartered in Akron, Ohio, Bock & Clark is a leading provider of commercial real estate transactional services. The Company is the largest provider of American Land Title Association (ALTA) surveys in the U.S. and is organized to serve single or multiple site-engagements. In addition to ALTA, boundary, topographic and aerial surveys, Bock & Clark’s team of over 100 professionals and a nationwide network of consultants specialize in the preparation of zoning reports and environmental services. Bock & Clark’s clients include major national law firms, financial institutions, REITs, multi-property owners and title companies. With offices in Ohio, Pennsylvania, Florida, Oklahoma, California, Colorado and Rhode Island, Bock & Clark serves clients in all 50 states and Canada.
Jeffrey Echko, President and CEO of Bock & Clark, commented, “Lincoln’s detailed understanding of Bock & Clark’s business model and value proposition, and commitment to the sale process generated a highly desirable synergistic outcome. We are excited to partner with NV5 and execute on the next stage of the Company’s growth.”
Lincoln acted as the exclusive financial advisor to Bock & Clark, working closely with its shareholders and management team throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
About Bock & Clark
Founded in 1973, Bock & Clark is a leading provider of commercial real estate due diligence services. With offices in Ohio, Pennsylvania, Florida, Oklahoma, California, Colorado and Rhode Island, Bock & Clark serves clients in all 50 states and Canada in the following capacities: ALTA land and title surveys, boundary surveys, topographic surveys, aerial survey zoning reports and letters, and environmental services. Bock & Clark employs experienced professionals to research and prepare each of these products resulting in due diligence efficiency.
About NV5
NV5 Global, Inc. (NASDAQ:NVEE) is a provider of professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure, engineering and support services, energy, program management, and environmental solutions. The Company operates out of 75 locations in 26 states nationwide and abroad in Macau, Shanghai, Hong Kong, and Vietnam.
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