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GlobeNewswire·

Bernhard Capital Partners and Bowman Consulting Group Announce Completion of Approximately $1 Billion Acquisition

  • Bernhard Capital Partners & Bowman Consulting Group Ltd. announced the completion of an all-cash acquisition valued at approximately $1 billion on November 06, 2026.
  • Bowman is now a privately held company backed by Bernhard, & its common stock has ceased trading & will be delisted from Nasdaq.
  • The combined entity will pursue organic growth & strategic acquisitions to expand technical capabilities & strengthen its presence across key infrastructure markets.
  • Mark Spender, Chief Investment Officer at Bernhard, stated that Bowman's national reach & multi-disciplinary capabilities position it well for future growth.
  • Gary Bowman, Founder & CEO, expressed confidence in Bernhard's respect for Bowman's entrepreneurial culture & commitment to investing in people & technical excellence.
  • BofA Securities served as exclusive financial advisor to Bowman, Latham & Watkins LLP acted as legal counsel for Bowman, & Collected Strategies provided strategic communications support.
  • Kirkland & Ellis LLP served as legal counsel to Bernhard for the transaction.
  • Bowman provides engineering & technical services for the built environment, including planning, geospatial services, construction management, & environmental consulting.
  • Bernhard is a private markets investment firm focused on infrastructure services & assets, aiming to improve performance & expand capabilities for its portfolio companies.
  • The press release includes a standard cautionary statement regarding forward-looking statements & potential risks that could cause actual results to differ from expectations.
Company
Bowman Consulting Group, Ltd.
Keywords
Nasdaq:BWMN, Bowman Consulting Group, Ltd., Acquisition, Bernhard Capital Partners, Bowman, Gary Bowman