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New Deal


Announced

Completed

Bowman completed the acquisition of CFA.

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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engineering consultant

Engineering Consulting

Domestic

United States

Majority

Private

Completed

civil engineering

Acquisition

Friendly

Single Bidder

Synopsis

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Bowman, a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, completed the acquisition of CFA, a provider of a mix of civil engineering, planning, surveying, mapping, and remote sensing to a mix of public and private sector customers. Financial terms were not disclosed. "CFA’s team of professionals will be a terrific addition to Bowman. CFA is one of northern Nevada’s leading engineering, surveying and planning firms with clients, capabilities, and a geographic focus which are all extremely complementary to the core business of Bowman. This acquisition strengthens our presence in Nevada and provides a solid base from which to continue expansion throughout the state and beyond. I am pleased to have everyone from the CFA team join Bowman," Gary Bowman, Bowman Chairman and CEO.

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