Bowman Consulting agrees to be acquired by Bernhard Capital for USD 43 per share in cash
BWMN•Support from voting holders
Holders representing about 15.3% of voting power signed voting agreements to support the transaction.
Go-shop period and closing timeline
The agreement includes a 35-day go-shop ending Sept. 13, 2026, allowing Bowman to solicit or negotiate alternative proposals.
Closing is targeted for Q4 2026 or Q1 2027, subject to shareholder and regulatory approvals and other customary conditions.
Bernhard Capital to acquire Bowman Consulting in cash deal
Bernhard Capital Partners agreed to acquire Bowman Consulting Group for USD 43 per share in cash, valuing the deal at about USD 1 billion.
The offer implies a 58% premium to the Aug. 7 close of USD 27.23, and is set to take Bowman private and end its Nasdaq listing.
