20 Jul 2020 | 07:00 am | 1 min. read
Pinsent Masons has advised Nasdaq listed NV5 Global Inc on its acquisition of Mediatech Design Group – a leading technology company providing security, enterprise IT, and building technology solutions headquartered in Dubai.
Pinsent Masons advised NV5 Global Inc., a Nasdaq listed company, on the transactional documentation and on the unique acquisition for the region due to the complex structure of Mediatech, which involved the key business being run through a civil company, similar to a UK partnership.
We are delighted with what we are confident will be a really successful acquisition, completed almost entirely during a period of global lockdown.
Publicly listed NV5 Global, Inc. is a provider of professional and technical engineering and consulting solutions. Mediatech Design Group (“Mediatech”) is a technology company providing security, enterprise IT, and building technology solutions in the Middle East and North Africa (MENA) region and South East Asia. Mediatech is headquartered in Dubai and is a leader in technology design services for the hospitality, industrial, healthcare, commercial, retail, and convention center markets.
The deal, completed in July 2020, was led by Mohammad Tbaishat, Corporate Partner specialising in mergers and acquisitions and included Alexandra Aikman, Nathalia Elhage and Amira El Kholany.
Mohammad Tbaishat, Partner, Head of Corporate at Pinsent Masons Middle East, commented on the process behind the acquisition: “We congratulate NV5 on their expanded portfolio in the region, and are delighted to have delivered this seamless strategic acquisition for them. Showcasing our team’s comprehensive knowledge of local laws and practice provided NV5 with multiple structuring options, which led to the successful conclusion of the transaction in just a matter of months. We are proud that the outcome reinforces our position as a leading M&A firm in the Middle East.”
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