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.

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.