NV5 Global, Inc. (NasdaqCM:NVEE) acquired Butsko Utility Design, Inc. for $4.3 million on January 12, 2018. Under the terms, NV5 issued stock and cash as consideration for the transaction. Under the terms of the transaction, the consideration value of $4.25 million includes $1.5 million in cash, $1 million in promissory notes (bearing interest at 3%), payable in four installments of $0.25 million, due on the first, second, third and fourth anniversaries of January 12, 2018, and 5,630 shares of NV5 Global common stock issued for consideration of 0.3 million as of the closing date. The consideration also includes $0.6 million of NV5 Global common stock payable in two installments of $0.3 million, due on the first and second anniversaries of the acquisition. The consideration also included a non-interest bearing earn-out of up to $0.85 million payable in cash and stock, subject to the achievement of certain agreed upon financial metrics for fiscal year 2018. The transaction will be immediately accretive to NV5’s earnings. NV5 Global, Inc. (NasdaqCM:NVEE) completed the acquisition of Butsko Utility Design, Inc. on January 12, 2018.