Mergers & Acquisitions ·
Bowman Consulting Group confirms no competing bids for $1.0B Bernhard Capital Partners merger at $43.00 per share
BWMNBowman Consulting Group Ltd.
Bowman Consulting Group Ltd. announced the expiration of its 35-day 'go-shop' period on September 13, 2026, with no competing acquisition proposals received after contacting 76 potential parties. The company remains committed to its previously announced merger agreement with entities affiliated with Bernhard Capital Partners (BCP), which will acquire Bowman in an all-cash transaction for $43.00 per share. This price represents a 58% premium to the unaffected closing share price on August 7, 2026, and values the company at approximately $1.0 billion in enterprise value. The transaction is expected to close in the fourth quarter of 2026, subject to shareholder approval and regulatory clearances. Bowman Consulting Group Ltd. operates as a national engineering services firm providing infrastructure solutions.