Bowman Consulting Acquires MTX Surveying
June 5, 2023
Bowman Consulting Group Ltd. (Bowman) has acquired MTX Surveying, Inc., a Marshall, Texas-based geospatial, land survey and project management firm. The acquisition (financed with cash, seller notes, and equity) brings over 60 MTX employees into Bowman, is expected to add about $9 million of annualized net service billing, and expands Bowman’s energy- and utility-oriented geospatial and surveying capabilities.
- Buyers
- Bowman Consulting Group Ltd.
- Targets
- MTX Surveying, Inc.
- Industry
- Engineering Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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