Bowman Consulting Group Enters into Definitive Agreement to be Acquired by Bernhard Capital Partners for $43.00 Per Share in Cash

Bowman agreed to be acquired by Bernhard Capital Partners in an all-cash deal at $43 per share, valuing the transaction at roughly $1.0B. The definitive agreement reduces deal uncertainty versus a proposal stage and is likely to be a meaningful catalyst for Bowman’s shares.

Analysis

Bowman agreed to be acquired by Bernhard Capital Partners in an all-cash deal at $43 per share, valuing the transaction at roughly $1.0B. The definitive agreement reduces deal uncertainty versus a proposal stage and is likely to be a meaningful catalyst for Bowman’s shares.