Mergers & Acquisitions ·
Bowman Consulting Group Ltd. entered into a definitive Agreement and Plan of Merger with Bernhard Capital Partners…
BWMNBowman Consulting Group Ltd.
Bowman Consulting Group Ltd. entered into a definitive Agreement and Plan of Merger with Bernhard Capital Partners (BCP) on August 10, 2026, under which BCP will acquire Bowman in an all-cash transaction valued at approximately $1.0 billion. Each share of common stock will be converted into the right to receive $43.00 per share in cash, representing a premium of approximately 58% to the unaffected closing price on August 7, 2026. The Board unanimously recommended adoption, supported by voting agreements from executives holding approximately 15.3% of shares. Financing includes $605.2 million in equity commitments and $420 million in senior secured debt. A 35-day go-shop period runs until September 13, 2026. The transaction is subject to stockholder approval and regulatory clearance, with an expected closing in late 2026 or early 2027. Bowman operates as a national engineering services firm providing infrastructure planning, design, and project management solutions.