Bowman go-shop period ends with no rival bids for USD 43-per-share Bernhard deal
BWMN•Go-shop period ends without competing bids
Bernhard Capital Partners agreed to acquire Bowman Consulting Group in an all-cash deal priced at USD 43 per share.
The 35-day go-shop period expired at 5:00 p.m. ET on Sept. 13, 2026, with no competing proposals received.
Bowman and BofA Securities contacted 76 potential bidders; confidentiality agreements were signed with 8 parties.
The deal implies an enterprise value of about USD 1 billion and a 58% premium to the Aug. 7, 2026 unaffected close.
Closing is targeted for Q4 2026, subject to shareholder approval and required regulatory clearances.
