Bowman Consulting Group Acquires Anchor Consultants LLC
August 29, 2022
Bowman Consulting Group Ltd. (NASDAQ: BWMN) acquired Anchor Consultants LLC, a Chadds Ford, Pennsylvania–based marine and waterfront engineering firm. The deal — financed with cash and seller notes including an unsecured convertible seller note — expands Bowman's ports, harbors and waterfront engineering capabilities and is expected to contribute approximately $2.5 million of annualized net service billings.
- Buyers
- Bowman Consulting Group Ltd.
- Targets
- Anchor Consultants LLC
- Industry
- Engineering Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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