Brief: Bowman Acquires Phoenix-Based Hess-Rountree

Bowman Consulting

12/12/2023 13:04

Dec 12 (Reuters) - Bowman Consulting Group Ltd  BWMN.O :
    * BOWMAN ACQUIRES PHOENIX-BASED HESS-ROUNTREE, INC.
    * BOWMAN CONSULTING GROUP LTD - ANTICIPATES ACQUISITION WILL
INITIALLY OPERATE AT AN ANNUALIZED NET SERVICE BILLING RUN RATE
OF APPROXIMATELY $3 MILLION
    * BOWMAN CONSULTING GROUP LTD - DEAL FINANCED WITH A
COMBINATION
OF CASH, SELLER NOTES AND EQUITY
    * BOWMAN CONSULTING GROUP LTD - DEAL EXPECTED TO BE
IMMEDIATELY
ACCRETIVE

Source text for Eikon:  ID:nBw4JbHhta 
Further company coverage:  BWMN.O 

 ((Reuters.Briefs@thomsonreuters.com;))