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Articles from Bowman Consulting Group

Bowman Reports Strong First Quarter 2025 Earnings, Surpassing Consensus Expectations
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, today announced financial results for the quarter ended March 31, 2025.
By Bowman Consulting Group · Via Business Wire · May 6, 2025
Bowman Announces Attendance at May Investor Conferences
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, announced it will participate in three investor conferences in May:
By Bowman Consulting Group · Via Business Wire · April 29, 2025
Bowman Awarded $4.2 Million Transportation Contract in Illinois
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, announced today that the Will County Board of Commissioners has awarded the company a $4.2 million construction engineering contract for the reconstruction of the Bell Road and 143rd Street intersection in Homer Glen, Illinois.
By Bowman Consulting Group · Via Business Wire · April 22, 2025
Bowman Announces Dates for First Quarter 2025 Earnings Release and Webcast
Bowman Consulting Group Ltd. (NASDAQ: BWMN), today announced that it will release financial results for the first quarter 2025 after the U.S. financial markets close on Tuesday, May 6, 2025. The Company will host a webcast to discuss its first quarter results at 9:00 a.m. ET on Wednesday, May 7, 2025. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call.
By Bowman Consulting Group · Via Business Wire · April 14, 2025
Bowman Appoints Virginia L. Grebbien to Board of Directors
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services firm, today announced the election of Virginia L. Grebbien to the Board of Directors. Grebbien, a renowned C-level leader with expertise in both private and public sectors, will serve as an independent director, filling a board vacancy. She is also expected to serve on the compensation and the nominating and corporate governance committees starting May 23, 2025.
By Bowman Consulting Group · Via Business Wire · April 7, 2025
Bowman Awarded $2.2M Contract for ADA Design in Philadelphia
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services firm, has been awarded a $2.2 million contract to design 1,236 ADA-compliant curb ramps at 355 intersections across the City of Philadelphia. This contract marks the fifth consecutive ADA-related assignment Bowman has undertaken in Philadelphia and aligns with the city’s broader initiative to install 10,000 ADA-compliant curb ramps by April 2038.
By Bowman Consulting Group · Via Business Wire · April 2, 2025
Bowman Secures $3.8M in Water Resource Contracts
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, has been awarded two major water resource contracts in rural Colorado totaling $3.8 million, including a complete collection system rehab and various water system improvements. These contracts underscore the company’s rapid expansion in the water/wastewater sector through organic growth and strategic acquisition and showcase the company’s ability to secure and service major infrastructure projects.
By Bowman Consulting Group · Via Business Wire · March 25, 2025
Bowman Announces Record Results for Fourth Quarter and Full Year 2024
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, today announced record financial results for the fourth quarter and full year ended December 31, 2024.
By Bowman Consulting Group · Via Business Wire · March 11, 2025
Bowman Awarded Construction Oversight Contract by City of Wenatchee
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services firm, has been awarded a $1.5 million supplemental contract for construction oversight of bike and pedestrian bridges by City of Wenatchee, Washington. The contract supplement follows Bowman’s successful completion of earlier stage environmental permitting and design work.
By Bowman Consulting Group · Via Business Wire · March 5, 2025
Bowman Awarded Multi-Year Contract by City of Montebello for On-Call Engineering Services
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services firm, has been awarded a $6 million on-call design and engineering services contract with the City of Montebello, California. The three-year agreement will generate $2 million annually and includes two optional one-year extensions, creating the potential for a five-year partnership worth up to $10 million.
By Bowman Consulting Group · Via Business Wire · February 28, 2025
Bowman to Provide Aerial Orthoimagery Services for North Carolina CGIA
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm, has been awarded a one-year contract by the State of North Carolina’s Center for Geographic Information and Analysis (CGIA) to deliver high-resolution, 6-inch pixel digital orthoimagery covering the counties of Bladen, Johnston, Sampson, Wayne and Wilson in the state’s Eastern Piedmont region.
By Bowman Consulting Group · Via Business Wire · February 24, 2025
Bowman Expands Oil and Gas Footprint With Acquisition of UP Engineering
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services firm offering infrastructure, technology and program management solutions, today announced it has entered into a definitive purchase agreement to acquire UP Engineering, a San Antonio, Texas-based firm specializing in civil engineering and surveying services. UP serves clients throughout Texas with a focus on oil and gas, industrial, commercial and residential projects.
By Bowman Consulting Group · Via Business Wire · February 18, 2025
Bowman Secures 4-Year Contract to Provide Engineering Design Services for the University of New Mexico
Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services firm offering infrastructure, technology and program management solutions, has been awarded a four-year contract to provide on-call engineering design services for the University of New Mexico (UNM) with a total aggregate cap of $7.5 million.
By Bowman Consulting Group · Via Business Wire · February 13, 2025
Bowman Announces Dates for Fourth Quarter and Full Year 2024 Earnings Release and Webcast
Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the fourth quarter and full year 2024 after the U.S. financial markets close on Tuesday, March 11, 2025. The Company will host a webcast to discuss its fourth quarter and full year results at 9:00 a.m. ET on Wednesday, March 12, 2025. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call.
By Bowman Consulting Group · Via Business Wire · February 11, 2025
Bowman Contracted to Provide Aerial Orthoimagery Services for the State of Oklahoma
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, has been awarded a landmark two-year contract to provide high-resolution aerial orthoimagery for the State of Oklahoma (“State”). This initiative marks the first statewide leaf-off aerial mapping project undertaken in nearly 30 years and will deliver critical geospatial data for use by state agencies, municipalities and the public.
By Bowman Consulting Group · Via Business Wire · February 3, 2025
Bowman Awarded Multi-State Oil & Gas Related Geodetic Survey Contract
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, has been awarded a multi-state geodetic survey and monitoring project for one of North America’s largest energy infrastructure companies.
By Bowman Consulting Group · Via Business Wire · January 21, 2025
Bowman Selected to Lead Engineering and Design on 64 MW Solar Installation
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, announced today that it has been selected by J. Ranck Electric, Inc. (JRE) to lead the re-mobilization of a 64 MW direct current (DC) solar project located in Southeast Michigan. This expansion will enhance the substation’s capabilities to support additional solar power generation, integrating new photovoltaic (PV) capacity alongside existing wind power infrastructure.
By Bowman Consulting Group · Via Business Wire · December 9, 2024
Bowman Awarded Illinois Tollway System Construction Management Contract
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, announced it has been awarded a multi-year assignment with the Illinois Tollway to provide systemwide, on-call construction management services.
By Bowman Consulting Group · Via Business Wire · December 3, 2024
Bowman Announces Authorization of an Increase in its Share Repurchase Program
Bowman Consulting Group Ltd. (NASDAQ:BWMN) (“Bowman” or the “Company”), a national engineering services firm supporting owners and developers of the built environment, today announced that on November 29, 2024 its Board of Directors authorized an increase to its previously announced share repurchase program from $25 million to up to $35 million (of which approximately $16 million remains available). The share repurchase program will terminate on July 31, 2025.
By Bowman Consulting Group · Via Business Wire · December 2, 2024
Bowman Announces Financial Results for Three and Nine Months Ended September 30, 2024
Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three and nine months ended September 30, 2024.
By Bowman Consulting Group · Via Business Wire · November 6, 2024
Bowman to Acquire Exeltech, Expanding Bridge Design and Transportation Engineering
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced it has entered into a definitive purchase agreement to acquire Exeltech Consulting, Inc. (“Exeltech”) based in Lacey, Washington. Exeltech specializes in bridge design, transportation planning, environmental compliance, civil engineering, landscape architecture, permitting and construction management for owners and operators of transportation infrastructure, transit facilities, ports and harbors, waterfront developments, building structures, and storm drainage and utility systems. Led by Santosh Kuruvilla, PE, SE, PMP, Exeltech serves clients throughout the Pacific Northwest from offices in Washington, Oregon, and Montana.
By Bowman Consulting Group · Via Business Wire · October 31, 2024
Bowman Publishes Initial Materiality Assessment
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure design solutions and project management services to customers who own, develop and maintain the built environment, today announced the completion and publication of its inaugural double materiality assessment. The assessment underscores the company’s commitment to enhancing its sustainability, engagement and governance strategies and practices.
By Bowman Consulting Group · Via Business Wire · October 22, 2024
Bowman Consulting Group Announces Dates for Third Quarter 2024 Earnings Release and Webcast
Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the third quarter of 2024 after the U.S. financial markets close on Wednesday, November 6, 2024. The Company will host a webcast to discuss its third quarter results at 9:00 a.m. ET on Thursday, November 7, 2024. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call.
By Bowman Consulting Group · Via Business Wire · October 16, 2024
Bowman Contracted to Provide Support Services for Virginia Department of Transportation Design-Build Projects
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has been contracted by Virginia Department of Transportation (VDOT) to provide survey, right-of-way (ROW) and utility relocation engineering for 13 separate projects throughout Virginia.
By Bowman Consulting Group · Via Business Wire · October 9, 2024
Bowman Announces Planned Retirement of Michael Bruen
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure design solutions and project management services to customers who own, develop and maintain the built environment, today announced that Michael Bruen notified the Company of his planned retirement, effective as of January 3, 2025, and his resignation as President of the Company and as a member of the Company’s board of directors, effective as of October 4, 2024. For the period between Mr. Bruen’s resignation as President and a director and his retirement, Mr. Bruen has agreed to serve as an Executive Advisor to the Company’s Chief Executive Officer to assist in the distribution of his day-to-day responsibilities to other Company executives. Commencing upon his retirement, Mr. Bruen will serve as an independent advisor to the Company under the terms of a short-term consulting arrangement. Mr. Bruen’s retirement and resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
By Bowman Consulting Group · Via Business Wire · October 7, 2024
Bowman Contracted by Illinois Department of Transportation for I-55 Corridor Rehabilitation Project
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure design solutions and project management services to customers who own, develop and maintain the built environment, has been contracted by the Illinois Department of Transportation (IDOT) to provide corridor management and design services for a 15.6-mile corridor of I-55.
By Bowman Consulting Group · Via Business Wire · September 23, 2024
Bowman Contracted for Comprehensive Roadway Improvement Project in Philadelphia
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has been contracted to commence engineering services impacting safety improvements along portions of Roosevelt Boulevard (US 1) in Philadelphia, PA.
By Bowman Consulting Group · Via Business Wire · September 4, 2024
Bowman Contracted for Taxiway Survey Services at Charlotte Douglas International Airport
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has been contracted to immediately commence survey services for Taxiway V as part of the Fourth Parallel Runway Program at Charlotte Douglas International Airport (CTL) in Charlotte, NC.
By Bowman Consulting Group · Via Business Wire · August 29, 2024
Bowman Announces Authorization of an Increase in its Share Repurchase Program
Bowman Consulting Group Ltd. (NASDAQ:BWMN) (“Bowman” or the “Company”), a national engineering services firm supporting owners and developers of the built environment, today announced that its Board of Directors authorized an increase to its previously announced share repurchase program from $10 million to up to $25 million (of which $20.8 million remains available) and extended the termination date of the share repurchase program from November 16, 2024 to August 31, 2025.
By Bowman Consulting Group · Via Business Wire · August 16, 2024
Bowman Announces Financial Results for Three and Six Months Ended June 30, 2024
Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three and six months ended June 30, 2024.
By Bowman Consulting Group · Via Business Wire · August 6, 2024
Bowman Expands Southwest Gas Engagements into Northern Nevada and California
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, was selected by Southwest Gas to provide on-call survey services in Western and Northern Nevada and California, marking the Company’s fifth ongoing on-call agreement with the natural gas distribution company and the first in these territories.
By Bowman Consulting Group · Via Business Wire · July 30, 2024
Bowman Acquires Utility Services and Sustainability Solutions Firm FCS Group
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure design solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Redmond, Washington based FCS Group (“FCS”). FCS is a professional services firm focused on addressing the financial, management and economic challenges facing public sector entities including utilities, state and local governments, regional agencies and public safety organizations. Led by current President and Principal John Ghilarducci, FCS specializes in utility rate and fee advisory services along with utility management, financial and economic planning and infrastructure funding consulting.
By Bowman Consulting Group · Via Business Wire · July 18, 2024
Bowman Consulting Group Announces Dates for Second Quarter 2024 Earnings Release and Webcast
Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the second quarter of 2024 after the U.S. financial markets close on Tuesday, August 6, 2024. The Company will host a webcast to discuss its second quarter results at 9:00 a.m. ET on Wednesday, August 7, 2024. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call.
By Bowman Consulting Group · Via Business Wire · July 16, 2024
Bowman Acquires Colorado Water/Wastewater Firm Element Engineering
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure design solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Element Engineering LLC (“Element”), a civil, water and wastewater engineering services firm based in Lakewood, Colorado.
By Bowman Consulting Group · Via Business Wire · July 12, 2024
Bowman Consulting Announces Executive Promotions and Contract Renewal
Bowman Consulting Group Ltd. (“the Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, announced today that its Board of Directors has approved the promotion of two senior executives and ratified a new four-year contract with its chief financial officer.
By Bowman Consulting Group · Via Business Wire · July 9, 2024
Bowman Selected to Provide Orthoimagery Services for the State of Oregon
Bowman Consulting Group Ltd. ("the Company" or "Bowman") (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has been contracted by the State of Oregon ("State") to deliver 30 cm (one foot) high-resolution natural color and false color infrared orthorectified digital imagery for the entire state.
By Bowman Consulting Group · Via Business Wire · June 24, 2024
Bowman’s Bruce Labovitz Honored as Public Company CFO of the Year by Northern Virginia Technology Council
Bowman Consulting Group Ltd. (“the Company” or “Bowman”) (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, is proud to announce that Bruce Labovitz, the company’s Chief Financial Officer, has been named Public Company CFO of the Year by the Northern Virginia Technology Council (NVTC). This prestigious award recognizes Mr. Labovitz’s outstanding leadership and significant contributions to Bowman and the broader business and technology communities in the National Capital Region.
By Bowman Consulting Group · Via Business Wire · June 6, 2024
Bowman Announces Financial Results for Three Months Ended March 31, 2024
Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three months ended March 31, 2024.
By Bowman Consulting Group · Via Business Wire · May 6, 2024
Bowman Closes On $100 Million Revolving Credit Agreement
Bowman Consulting Group Ltd. (“Bowman” or “the Company”) (NASDAQ: BWMN), today announced it entered into a $100 million aggregate revolving credit agreement with Bank of America, N.A, as Administrative Agent, and TD Bank, N.A., as Syndication Agent (the “Credit Agreement”). With a five-year term, the Credit Agreement replaces the Company’s $70 million revolving line of credit with Bank of America. The general provisions of the Credit Agreement are similar to the predecessor credit facility.
By Bowman Consulting Group · Via Business Wire · May 3, 2024
Bowman Acquires MEP and Fire Protection Engineering Firm Moore Consulting Engineers
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Moore Consulting Engineers (“Moore”), a mechanical, electrical, plumbing, and fire protection (“MEP/FP”) engineering firm based in Shamong, New Jersey.
By Bowman Consulting Group · Via Business Wire · April 17, 2024
Bowman Consulting Group Announces Dates for First Quarter 2024 Earnings Release and Webcast
Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ:BWMN) today announced that it will release financial results for the first quarter of 2024 after the U.S. financial markets close on Monday, May 6, 2024. The Company will host a webcast to discuss its first quarter results at 9:00 a.m. ET on Tuesday, May 7, 2024. Bowman Chairman and CEO Gary Bowman and Chief Financial Officer Bruce Labovitz will host the call followed by a question-and-answer session. Links to the live webcast of the event and subsequent replay of the event will be available on the Bowman Investor Relations website at https://investors.bowman.com.
By Bowman Consulting Group · Via Business Wire · April 10, 2024
Bowman Welcomes David Stickles, RPLS, PSM, PLS, to Expand Company’s Public Sector Geospatial Portfolio
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, proudly announces the appointment of David Stickles, RPLS, PSM, PLS, as director of business development, geospatial survey.
By Bowman Consulting Group · Via Business Wire · April 9, 2024
Bowman Enters into Definitive Agreement to Acquire Surdex Corporation, Adding High-Altitude Digital Imagery, Digital Mapping and Advanced Geospatial Services
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, announced it has entered into a definitive agreement to acquire St. Louis-based Surdex Corporation (“Surdex”), a geospatial and engineering services firm providing low-, medium- and high-altitude digital orthoimagery, advanced high-resolution LiDAR, intelligent digital mapping, 3D hydrography, and disaster mapping. The acquisition is subject to usual and customary closing conditions and is expected to formally close by April 10, 2024.
By Bowman Consulting Group · Via Business Wire · April 3, 2024
Bowman Announces Pricing of Public Offering of Common Stock
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering and infrastructure services firm supporting owners and developers of the built environment, announced today the pricing of its previously announced underwritten public offering at a public offering price of $34.00 per share. A total of 1,323,530 shares of common stock are being sold by Bowman and 147,058 shares of common stock are being sold by the selling stockholders, Gary Bowman, the Company’s President, Chief Executive Officer and Chair of the board of directors (the “Board”) and Michael Bruen, the Company’s Executive Vice President and Chief Operating Officer and a director of the Board. Gross proceeds to Bowman from the offering are expected to be approximately $45.0 million, before deducting underwriting discounts and commissions and estimated offering expenses. Bowman and the selling stockholders have granted the underwriters an option to purchase up to an additional 220,588 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on April 1, 2024, subject to customary closing conditions.
By Bowman Consulting Group · Via Business Wire · March 26, 2024
Bowman Announces Launch of Public Offering of Common Stock
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering and infrastructure services firm supporting owners and developers of the built environment, announced today the commencement of an underwritten public offering of up to $50.0 million of shares of its common stock. The Company proposes to sell up to $45.0 million of shares of its common stock in the proposed offering, and the selling stockholders, Gary Bowman, the Company’s President, Chief Executive Officer and Chair of the board of directors (the “Board”) and Michael Bruen, the Company’s Executive Vice President and Chief Operating Officer and a director of the Board, are proposing to sell up to an aggregate of $5.0 million of shares of the Company’s common stock in the proposed offering. In addition, Bowman and the selling stockholders intend to grant the underwriters a 30-day option to purchase up to an aggregate of an additional $7.5 million of shares of the Company’s common stock at the price to the public, less underwriting discounts and commissions. The proposed offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the proposed offering. Bowman currently intends to use the net proceeds from the sale of its shares in the offering for general corporate purposes, including organic expansion, the funding of potential acquisitions and the potential repayment of borrowings outstanding under its revolving credit facility. The Company will not receive any proceeds from the sale of the shares by the selling stockholders.
By Bowman Consulting Group · Via Business Wire · March 26, 2024
Bowman Announces Fiscal Year 2023 Financial Results
Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the fiscal year ended December 31, 2023.
By Bowman Consulting Group · Via Business Wire · March 11, 2024
Bowman Adds Commentary to 2023 Pre-Release and Announces Acquisition of Transportation and Bridge Design Firm Speece Lewis Engineers
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today issued additional commentary regarding its February 16, 2024 pre-release of 2023 non-GAAP financial metrics (the “Pre-Release”) and announced the acquisition of Speece Lewis Engineers (“Speece Lewis”), a transportation, bridge design, surveying, and hydraulics focused engineering firm based in Lincoln, Nebraska.
By Bowman Consulting Group · Via Business Wire · February 20, 2024
Bowman Consulting Group Announces Earnings Release Schedule and Preliminary 2023 Financial Results
Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced the scheduling of its 2023 earnings release and investor conference call along with preliminary results for fiscal 2023 Net Service Billing and Adjusted EBITDA, both non-GAAP financial measures.
By Bowman Consulting Group · Via Business Wire · February 16, 2024
Bowman Acquires Trudell Consulting Engineers in Burlington, Vermont
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Trudell Consulting Engineers and its wholly owned Vermont Underground Locators subsidiary (collectively “TCE”), a multi-disciplinary engineering firm located just outside Burlington in Williston, Vermont. Founded in 1975, TCE works with both public and private clients across multiple sectors. Led by current CEO and president Jeremy Matosky, PE, the firm provides civil engineering, landscape architecture, land surveying, utility locating and environmental services to clients throughout Vermont. Clients include private developers, planning authorities, municipalities, renewable energy providers, natural resource excavators, hospitality and ski resort operators, property managers and retailers. TCE’s employees will all join Bowman in connection with the acquisition.
By Bowman Consulting Group · Via Business Wire · February 5, 2024
Bowman Acquires Phoenix-based Hess-Rountree, Inc.
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Hess-Rountree, Inc. (“Hess-Rountree”), a full-service engineering firm headquartered in Phoenix, Arizona.
By Bowman Consulting Group · Via Business Wire · December 12, 2023
Bowman Announces Authorization of New Share Repurchase Program
Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering services firm supporting owners and developers of the built environment, today announced the authorization by its Board of Directors of a new $10 million share repurchase program under which the Company may repurchase up to $10 million of Bowman’s common stock. The authorization is effective from November 17, 2023, through November 16, 2024. The Company’s prior $10 million authorization expired on November 10, 2023, with $9.3 million remaining available for repurchase.
By Bowman Consulting Group · Via Business Wire · November 17, 2023
Bowman Acquires Public Sector Focused High Mesa Consulting Group
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of High Mesa Consulting Group (“High Mesa”), a multi-disciplinary consulting firm headquartered in Albuquerque, New Mexico. Founded in 1977, High Mesa provides land and UAV (drone) based surveying, mapping, and geospatial services; sub-surface utility infrastructure engineering, inspection, and mapping; civil engineering; and planning services throughout New Mexico, Eastern Arizona, and Southwestern Colorado. High Mesa is Bowman’s tenth acquisition in 2023.
By Bowman Consulting Group · Via Business Wire · November 15, 2023
Bowman Enters into Definitive Purchase Agreement with California Environmental Firm Blankinship & Associates
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the acquisition of Davis, California based Blankinship & Associates (“Blankinship”). Blankinship, an environmental sciences and engineering firm, specializes in providing water resources services, natural resource management services, permitting and compliance services, and specialized training. Established in 2000 by current president Mike Blankinship, the firm serves both public and private sector clients providing solutions to complex environmental and natural resources challenges that intersect the built environment and natural resources. Blankinship’s staff of professionals will all become Bowman employees in connection with the acquisition.
By Bowman Consulting Group · Via Business Wire · November 13, 2023
Bowman Acquires Reno-Based Engineering Firm CFA, Inc.
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of CFA, Inc. (“CFA”), headquartered in Reno, Nevada. Founded in 1981, CFA provides a mix of civil engineering, planning, surveying, mapping, and remote sensing to a mix of public and private sector customers.
By Bowman Consulting Group · Via Business Wire · November 10, 2023
Bowman Announces Third Quarter 2023 Financial Results
Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three and nine months ended September 30, 2023.
By Bowman Consulting Group · Via Business Wire · November 6, 2023
Bowman Consulting Group Announces Dates for Third Quarter 2023 Earnings Release and Webcast
Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the third quarter of 2023 after the U.S. financial markets close on Monday, November 6, 2023. The Company will host a webcast to discuss its third quarter results at 9:00 a.m. ET on Tuesday, November 7, 2023. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call followed by a question-and-answer session. Links to the live webcast of the event and subsequent replay of the event will be available on the Bowman Investor Relations website at https://investors.bowman.com.
By Bowman Consulting Group · Via Business Wire · October 18, 2023
Bowman Acquires South Carolina Firm Dennis Corporation
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, today announced the acquisition of Dennis Corporation (“Dennis”), a civil engineering, surveying and construction management firm headquartered in Columbia, SC.
By Bowman Consulting Group · Via Business Wire · October 13, 2023
Bowman Issues Clarification Regarding Assignment with Canadian National Railway Company
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, is correcting a previously issued announcement to clarify that Canadian National Railway Company (“CN”) has only selected the Company for a stand-alone construction management services project in the Chicago area. The prior release erroneously characterized the award as a multi-year agreement for on-call engineering services at various CN locations throughout the United States.
By Bowman Consulting Group · Via Business Wire · September 29, 2023
Bowman Enters into Definitive Purchase Agreement with Petrochemical Industry Experts Excellence Engineering, LLC
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced it had entered into a definitive purchase agreement to acquire Tulsa, Oklahoma based Excellence Engineering, LLC (“EEI”), a leading full-service provider of engineering, procurement, project management, and automation services to clients operating in and supporting the petrochemical, hydrogen, industrial and electric vehicle industries. Established in 2001 by current president and CEO Deyona “Dee” Hays, the firm has grown to become a highly regarded, multi-discipline engineering firm providing turnkey projects from concept through operational completion. The firm’s staff of professionals will become Bowman employees in connection with the acquisition. Closing is expected to occur in early October, subject to usual and customary closing conditions.
By Bowman Consulting Group · Via Business Wire · September 29, 2023
Bowman Announces $4.9 Million Funding Authorization for Illinois Department of Transportation I-80 Corridor Improvement Project
Bowman Consulting Group Ltd. (“Bowman,” the “Company”) along with teaming partner H.W. Lochner (“Lochner”) today announced the receipt of notice from the Illinois Department of Transportation (“IDOT”) authorizing an additional $4.9 million in funding for consulting services relating to the Phase III Route I-80 Corridor Management Program for the counties of Will, Kendall and Grundy (the “Prime Agreement”). The notice brings the total obligated under the Prime Agreement to $6.9 million and indicates the remaining $23.1 million of spending under the Prime Agreement will be obligated and authorized for expenditure as determined by the department. Under the Prime Agreement, the Bowman-Lochner team will provide construction corridor management for improvements to I-80, one of the country’s three coast-to-coast interstates. The Prime Agreement was originally announced in August 2022.
By Bowman Consulting Group · Via Business Wire · August 21, 2023
Bowman Awarded More than $1.7 Million in New Engineering and Survey Contracts for Mining Projects
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) today announced that it has been awarded more than $1.7 million in two new engineering and survey contracts for separate mining projects in Southern Arizona.
By Bowman Consulting Group · Via Business Wire · August 16, 2023
Bowman Announces Second Quarter 2023 Financial Results
Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three and six months ended June 30, 2023.
By Bowman Consulting Group · Via Business Wire · August 7, 2023
Bowman Increases Borrowing Capacity Under Revolving Credit Facility
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) announced today that it has completed a First Amendment to Amended and Restated Credit Agreement (the “First Amendment”) with respect to the Company’s revolving credit facility (the “Revolver”) with Bank of America, N.A. The First Amendment increases the maximum principal amount under the Revolver from $50 million to $70 million, modifies certain provisions related to interest rate spreads and unused fees, and extends the term to July 31, 2025. Other general terms of the Revolver remained unchanged.
By Bowman Consulting Group · Via Business Wire · August 3, 2023
Bowman Consulting Group Announces Dates for Second Quarter 2023 Earnings Release and Webcast
Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the second quarter of 2023 after the U.S. financial markets close on Monday, August 7, 2023. The Company will host a webcast to discuss its second quarter results at 9:00 a.m. ET on Tuesday, August 8, 2023. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call followed by a question-and-answer session. Links to the live webcast of the event and subsequent replay of the event will be available on the Bowman Investor Relations website at https://investors.bowman.com.
By Bowman Consulting Group · Via Business Wire · July 17, 2023
Bowman Expands Southwest Gas On-Call Engagement into Southern Nevada
Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN) announced that the Company has been selected by Southwest Gas Corporation’s Southern Nevada division for a new multi-year, on-call engineering and land survey services contract. This is in addition to recent extensions of the firm’s similar Southern Arizona contracts. Bowman’s teams will provide engineering, design and planning, and survey services including right-of-way, property line stakeout, high-pressure line cut sheets and legal exhibits, along with other related services, as required.
By Bowman Consulting Group · Via Business Wire · June 22, 2023
Bowman Acquisition of California-Based Infrastructure Engineers Expands Public Sector Focus
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the acquisition of California-based Advanced Applied Engineering, Inc., dba Infrastructure Engineers (“Infrastructure”). Headquartered in Brea, California, the firm provides a breadth of professional engineering, planning, environmental, geospatial, and municipal infrastructure services to cities and counties throughout Southern and Central California. Established in 1994, the firm has grown to a staff of over 80 administrative and technical professionals, all of whom will become Bowman employees in connection with the acquisition.
By Bowman Consulting Group · Via Business Wire · June 13, 2023
Bowman Acquires MTX Surveying; Expands Energy-Oriented Geospatial, Survey and Project Management Services
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the acquisition of MTX Surveying, Inc. (“MTX”), a geospatial, land survey and project management company based in Marshall, Texas. Founded by Shane Nafe and Austin Holland in 2016, the firm has grown rapidly to a workforce of over 60 accredited professionals, technicians, and support staff serving clients in Texas, Louisiana, and New Mexico. Today, MTX provides full-service consulting, project management, surveying, mapping, and permitting services for clients working in oil and gas, energy and renewables, utility services, and land development. The MTX staff will all become Bowman employees in connection with the acquisition.
By Bowman Consulting Group · Via Business Wire · June 5, 2023
Bowman Acquires Southwest Florida Based Hole Montes, Inc.
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the purchase of Hole Montes, Inc. (“Hole Montes”), an engineering services firm offering an extensive portfolio of infrastructure planning services from offices in Naples, FL and Fort Myers, FL. Founded in 1966, the firm has a storied history as one of the most trusted, reliable, and entrenched full-service engineering firms in Southwest Florida. Today, Hole Montes provides comprehensive design, survey, GIS, and construction management expertise to customers focused on environmental engineering, transportation infrastructure, airport facilities, storm water and wastewater systems, land planning, landscape architecture, and more. Hole Montes has a workforce of 65 professionals, all of whom will join Bowman in connection with the acquisition.
By Bowman Consulting Group · Via Business Wire · May 17, 2023
Bowman Acquires Fisher Engineering, Expands Fire Protection and Life Safety Engineering Services
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the purchase of Fisher Engineering, Inc. (“Fisher”), a professional services firm specializing in customized fire protection and life safety engineering for public and private customers. Founded in 2007, Fisher serves customers across the United States and internationally from offices in Atlanta, Baltimore, Charlotte, Detroit, Portland (ME), Phoenix and Virginia Beach. The firm provides an extensive array of technical services involving code consulting, commissioning, life safety survey and analysis, systems design, fire, smoke and egress modeling, performance-based design, litigation and forensic engineering, and third-party reviews. Fisher works with clients in a broad range of sectors including aviation, data centers, education, fueling, government, healthcare, hospitality, commercial and industrial real estate, oil and gas, student housing and technology hubs. Fisher’s workforce of twenty-four professionals, including Doug Fisher, the firm’s Principal Fire Protection Engineer and Co-Founder, will join Bowman in connection with the acquisition.
By Bowman Consulting Group · Via Business Wire · May 15, 2023
Bowman Consulting Group Ltd Announces Q1 2023 Financial Results, Beats Estimates and Raises Guidance
Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering services firm supporting owners and developers of the built environment, today released financial results for the three months ended March 31, 2023.
By Bowman Consulting Group · Via Business Wire · May 8, 2023
Bowman Awarded Multi-Year Design Engineering Service Assignment with Peoples Gas
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) announced the firm was selected for a multi-year assignment to provide design engineering services for the Peoples Gas, Light and Coke Company (PGL) Safety Modernization Program (SMP) in Chicago. Bowman will provide a variety of engineering services for gas main design and installation, 3rd party utility plotting, field verification, line of lay walks, structural analysis, bridge support, survey, permitting and construction. The three neighborhood projects awarded to Bowman under the SMP include more than 100 miles of new mainline installation and nearly 70 miles of existing pipeline retirement. Prior to this award, Bowman has worked with PGL on more than 100 miles of new gas line installations.
By Bowman Consulting Group · Via Business Wire · April 25, 2023
Bowman Consulting Group Announces Dates for First Quarter 2023 Earnings Release and Webcast
Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the first quarter of 2023 after the U.S. financial markets close on Monday, May 8, 2023. The Company will host a webcast to discuss its first quarter results at 9:00 a.m. ET on Tuesday, May 9, 2023. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call followed by a question-and-answer session. Links to the live webcast of the event and subsequent replay of the event will be available on the Bowman Investor Relations website at https://investors.bowman.com.
By Bowman Consulting Group · Via Business Wire · April 18, 2023
Bowman Acquires Richter & Associates, Expands Utilities Engineering
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the purchase of Richter & Associates (“Richter”), a Rockville, Maryland based professional services firm focused on dry utility infrastructure engineering. The firm, founded by Steve Richter, a former PEPCO engineer, works with private and public clients along with utility services providers to navigate the complexities of design, development, and implementation of natural gas, electric and telecommunications infrastructure. Richter, along with other senior managers of Richter, will become part of the Bowman management team.
By Bowman Consulting Group · Via Business Wire · April 4, 2023
Bowman Announces Record Full Year 2022 Revenue and Adjusted EBITDA
Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering services firm supporting owners and developers of the built environment, today released record financial results for the year ended December 31, 2022.
By Bowman Consulting Group · Via Business Wire · March 9, 2023
Bowman Consulting Group Ltd. Appoints Ryan Belyea as Chief Digital Officer
Bowman Consulting Group Ltd. (“Bowman”) (NASDAQ: BWMN) announced that Ryan Belyea has been named to the newly created position of Chief Digital Officer (CDO). Belyea brings more than 25 years of industry experience, most recently as Vice President and Director for Digital at AECOM in the US and Latin America, where he established digital strategies and best practices for consulting engagements and project delivery. He has led the delivery of revenue generating technology solutions across all disciplines in the infrastructure sector, including digital transformation strategies, solutions integration, geographic information systems (GIS), building information modeling (BIM), reality capture, data mining and application, and asset management. As CDO, he will partner with Bowman’s senior executive team to establish and embed digital service offerings into existing and new business lines and ensure alignment of digital strategies with acquisition initiatives and technology systems development.
By Bowman Consulting Group · Via Business Wire · March 6, 2023