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Announced

Completed

Bowman Consulting Group completed the acquisition of Project Design Consultants.

Financials

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Transaction Value-
Consideration TypeLoan Notes, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Engineering Consulting

Domestic

Friendly

Completed

engineering solutions

Acquisition

Single Bidder

Majority

United States

Private

Synopsis

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Bowman Consulting Group, an engineering services firm, completed the acquisition of Project Design Consultants, an engineering solutions provider. Financial terms were not disclosed . “PDC presents a compelling opportunity for Bowman to advance our market expansion and service diversification initiatives. California is a new frontier for us, and we are fortunate that Greg and the PDC management team will be leading the effort. The team of professionals at PDC will fit right into the Bowman organization and we will immediately support each other and maximize our collective utilization. PDC’s well respected and long-standing market presence will add both depth and breadth to our mix of business and will promote our strategic initiative to expand our base of revenue both into Southern California and with key public sector and utility clients," Gary Bowman, Bowman CEO.

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