Bowman Consulting Group Acquires 1519 Surveying, LLC

December 23, 2021

Bowman Consulting Group Ltd. (NASDAQ: BWMN) acquired 1519 Surveying, LLC, a Waco, Texas–based surveying, geomatics and civil engineering firm with offices in Waco and Fort Worth. The deal, funded with cash, seller financing and stock, adds roughly 35 professionals and is expected to be immediately accretive—initially contributing more than $5.5 million of annualized net service billing—while expanding Bowman’s Texas surveying, infrastructure and renewable energy capabilities.

Buyers
Bowman Consulting Group Ltd.
Targets
1519 Surveying, LLC
Location
Texas, United States
Transaction Type
Buyout

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