Bernhard Capital Partners and Bowman Consulting Group Announce Completion of Approximately $1 Billion Acquisition
Key Highlights
- ➤Bernhard completes approximately $1 billion all-cash acquisition of Bowman Consulting Group
- ➤Bowman becomes privately held; common stock ceases trading and will be delisted from Nasdaq
- ➤Bernhard and Bowman plan organic growth, strategic acquisitions, and expanded technical capabilities
- ➤Bowman CEO Gary Bowman says Bernhard will support investment in people and new expertise
Expert Statements
Mark Spender, Partner and Chief Investment Officer at Bernhard
“Bowman has built a well-established business by bringing together talented people, investing in technical expertise and delivering results.”
Mark Spender, Partner and Chief Investment Officer at Bernhard
“As clients take on larger and more complex infrastructure projects, they increasingly need partners who can deliver across multiple disciplines and geographies.”
Mark Spender, Partner and Chief Investment Officer at Bernhard
“Bowman’s breadth of capabilities and national reach position it well for continued growth, and we look forward to supporting the team as it strengthens its ability to serve clients across the country.”
Gary Bowman, Founder and Chief Executive Officer of Bowman
“Today marks the start of an exciting new chapter for Bowman and the people who have helped build and grow this company.”
Gary Bowman, Founder and Chief Executive Officer of Bowman
“Bernhard understands our business and shares our conviction in the opportunities ahead.”
Gary Bowman, Founder and Chief Executive Officer of Bowman
“For 30 years, Bowman has methodically grown into a national business, and I could not be prouder of what our team has accomplished together.”
Gary Bowman, Founder and Chief Executive Officer of Bowman
“In Bernhard, we have found a partner that respects the entrepreneurial culture that has made Bowman successful and will build on that foundation for years to come.”
Gary Bowman, Founder and Chief Executive Officer of Bowman
“With their support, Bowman will continue investing in its people, bringing new expertise into the organization, and delivering with responsiveness and technical excellence for our clients.”
BATON ROUGE, La. and RESTON, Va., Nov. 06, 2026 (GLOBE NEWSWIRE) -- Bernhard Capital Partners (“Bernhard”) and Bowman Consulting Group Ltd. (“Bowman” or the “Company”) today announced the completion of Bernhard’s previously announced acquisition of Bowman in an all-cash transaction valued at approximately $1 billion. With this closing, Bowman becomes a privately held company backed by Bernhard, beginning a new chapter of investment and growth for the national engineering services firm. Bowman's common stock has ceased trading and will be delisted from Nasdaq.
The acquisition brings together Bowman’s technical capabilities, client relationships, and national reach with Bernhard’s deep industry expertise and track record supporting the growth of critical infrastructure services businesses. Together, Bernhard and Bowman will pursue opportunities to build on the Company’s established strategy of organic growth and strategic acquisitions, expand its technical capabilities, and strengthen its presence across key infrastructure markets.
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