Bowman Consulting Group Acquires KTA Group, Inc.
December 18, 2020
Bowman Consulting Group, Ltd. has signed a letter of intent to acquire KTA Group, an MEP engineering firm based in Herndon, Virginia. The asset purchase expands Bowman's mechanical, electrical, and plumbing (MEP) capabilities and supports its growth into the renewable energy market; KTA's approximately 40 technical experts will continue to operate from the Herndon office.
- Targets
- KTA Group, Inc.
- Industry
- Engineering Services
- Location
- Virginia, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Bowman Consulting Group to Acquire Exeltech Consulting
October 31, 2024
Engineering Services
Bowman Consulting Group Ltd. entered into a definitive purchase agreement to acquire Exeltech Consulting, Inc., a Washington-based provider of bridge design, transportation planning, environmental compliance, and related civil engineering services. The acquisition is expected to initially operate at an annualized net service billing run rate of approximately $7.0 million and is subject to customary closing conditions expected on or after November 5, 2024.
-
Bowman Consulting Acquires Excellence Engineering, LLC
September 29, 2023
Engineering Services
Bowman Consulting Group Ltd. entered into a definitive purchase agreement to acquire Tulsa-based Excellence Engineering, LLC, a multi-discipline engineering firm serving petrochemical, hydrogen, industrial and electric vehicle industries. The deal (expected to close in early October 2023) will bring Excellence's staff into Bowman and is financed with cash, seller notes and equity; Bowman said the acquisition is immediately accretive and will initially operate at an annualized net service billing run rate of about $4.0 million.
-
Bowman Consulting Acquires SEI Professional Services (SEI Engineering)
November 7, 2022
Energy
Bowman Consulting Group Ltd. (Bowman) has acquired SEI Engineering, LLC (operating as SEI Professional Services), a Paonia, Colorado-based provider of engineering, design and commissioning services for utility and commercial-scale solar and battery storage projects. The deal, financed with cash and seller notes, is expected to add approximately $1.5 million of annualized net service billing and strengthen Bowman's renewable energy planning, engineering and commissioning capabilities.
-
Bowman Consulting Group Acquires Kibart, Inc.
July 11, 2022
Engineering Services
Bowman Consulting Group Ltd. has acquired the assets of Kibart, Inc., a Towson, Maryland-based MEP engineering and commissioning firm. The acquisition strengthens Bowman's building services and MEP capabilities, expands cross-selling opportunities, and is expected to be immediately accretive, contributing approximately $6.3 million of annualized net service billing.
-
Bowman Consulting Group Acquires Terra Associates, Inc.
December 27, 2021
Engineering Services
Bowman Consulting Group Ltd. (NASDAQ: BWMN) entered into a definitive agreement to acquire Terra Associates, Inc., a Houston- and San Antonio-based civil engineering and surveying firm, with closing scheduled for December 31, 2021. The acquisition, financed with cash, seller financing and stock, is expected to be immediately accretive and to contribute approximately $5.5 million of annualized net service billing while expanding Bowman’s Texas operations and service capabilities.
-
Bowman Consulting Group Ltd. Acquires BTM Engineering, Inc.
October 15, 2021
Engineering Services
Bowman Consulting Group Ltd. acquired the assets of BTM Engineering, Inc., a Louisville, Kentucky-based civil and structural engineering, surveying and landscape architecture firm. The asset purchase (financed with cash, seller financing and stock) is expected to initially contribute approximately $3.0 million of annual net service billing and expands Bowman's presence into the Louisville market.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.