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New Deal


Announced

Bowman to acquire Terra Associates.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Engineering Consulting

Single Bidder

civil design

United States

Pending

Friendly

Majority

engineering solutions

Private

Acquisition

Synopsis

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Bowman Consulting Group, an engineering services firm, agreed to acquire Terra Associates, a provider of civil design and engineering solutions. Financial terms were not disclosed. "Choosing to join Bowman was an easy decision. Bowman’s approach to growth is very exciting to all of us at Terra. We’ve gotten to know the leadership at Bowman over the course of the acquisition process and we all feel very comfortable with the decision. Their commitment to helping our leadership and staff grow without changing the core of who we are is a big part of what makes us excited about this opportunity. The opportunity to be a part of an entrepreneurial public company is both exciting and energizing. We are all looking forward to the future as a Bowman company," Vickie Henkel, Terra CEO.

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