Bowman | Jotup

Bowman Announces Pricing of Public Offering of Common Stock

Retrieved on:

Wednesday, March 27, 2024

Engineering, Communications, Manufacturing, Public Relations, Investor Relations, BofA Securities, Built environment, Bowman, Telephone, Sale, Attention, Prospectus, Robert W. Baird, Roth Capital Partners, Security (finance)

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering and infrastructure services firm supporting owners and developers of the built environment, announced today the pricing of its previously announced underwritten public offering at a public offering price of $34.00 per share.

Key Points:

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering and infrastructure services firm supporting owners and developers of the built environment, announced today the pricing of its previously announced underwritten public offering at a public offering price of $34.00 per share.
Gross proceeds to Bowman from the offering are expected to be approximately $45.0 million, before deducting underwriting discounts and commissions and estimated offering expenses.
Bowman and the selling stockholders have granted the underwriters an option to purchase up to an additional 220,588 shares of common stock at the public offering price, less underwriting discounts and commissions.
Bowman will not receive any proceeds from the sale of shares of common stock by the selling stockholders.

Realta Wealth Names Experienced Finance Leader Tim Bowman As Chief Financial Officer

Retrieved on:

Tuesday, March 12, 2024

Series 4, Certified Public Accountant, Growth, Finance, CFO, Bowman, Accounting, Executive Committee, KCG Holdings, FP, FINRA, CPA, Management

WILMINGTON, Del., March 12, 2024 /PRNewswire/ -- Realta Wealth, an exclusive independent wealth management firm, announced the appointment of Tim Bowman, CPA, as Chief Financial Officer to help the firm's executive team deliver on its growth vision and strategy. He reports to Realta Wealth CEO Kevin Keefe.

Key Points:

Seasoned Leader to Drive Growth, Strengthen Firm Leadership as it Builds on Rebrand Efforts
WILMINGTON, Del., March 12, 2024 /PRNewswire/ -- Realta Wealth, an exclusive independent wealth management firm, announced the appointment of Tim Bowman, CPA, as Chief Financial Officer to help the firm's executive team deliver on its growth vision and strategy.
"Tim has a stellar track record of helping financial services firms achieve outsized growth, and doing so with fiscally sound approaches," Keefe said.
Bowman will oversee all of Realta's financial operations, including accounting, FP&A, commissions, and financial reporting.
Bowman is a Certified Public Accountant and holds multiple FINRA licenses, including Series 4, 7, 24, 27, and 63.

Bowman Consulting Group Announces Earnings Release Schedule and Preliminary 2023 Financial Results

Retrieved on:

Friday, February 16, 2024

Architecture, Construction & Property, Building Systems, Engineering, Urban Planning, REIT, Manufacturing, Residential Building & Real Estate, Bowman, Adjustment, Cryptocurrency

Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced the scheduling of its 2023 earnings release and investor conference call along with preliminary results for fiscal 2023 Net Service Billing and Adjusted EBITDA, both non-GAAP financial measures.

Key Points:

Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced the scheduling of its 2023 earnings release and investor conference call along with preliminary results for fiscal 2023 Net Service Billing and Adjusted EBITDA, both non-GAAP financial measures.
The Company will release its financial results for the fourth quarter and full year 2023 after the U.S. financial markets close on Monday, March 11, 2024.
The preliminary financial results described herein are based upon unaudited results and are subject to adjustment based on the completion of the Company’s year-end financial closing procedures.
The Company will release audited results and reconciled non-GAAP financial metrics and address 2024 guidance in connection with its upcoming earnings release and conference call.

Bowman Adds Sharif Abou-Sabh, PE, to Expand National Transportation Program Management Initiative

Retrieved on:

Thursday, January 4, 2024

Construction & Property, Consulting, Engineering, Public Transport, Professional Services, Other Construction & Property, Transport, Manufacturing, Culture, Built environment, IIJA, Bowman, Growth, Silicon Valley BART extension, Silicon

“His reputation is unparalleled in the realm of transportation program management.

Key Points:

“His reputation is unparalleled in the realm of transportation program management.
His experience managing multi-billion-dollar projects will immediately qualify Bowman as a program management candidate for large scale IIJA funded programs where large transportation authorities in need of qualified engineering management assistance in the overall management of these mega projects.
“I’ve known and respected Bowman and their transportation leadership for many years,” said Sharif.
I am eager to leverage my experience to advance our transportation initiatives and solidify Bowman's reputation as an industry leader in delivering impactful program management services to large transportation authorities.”

Bowman Ranked #3 on Forbes’ List of Most Successful Small Cap Companies in America

Retrieved on:

Monday, December 18, 2023

Commercial Building & Real Estate, Construction & Property, Consulting, Engineering, Landscape, Professional Services, Manufacturing, Architecture, Other Construction & Property, Residential Building & Real Estate, IPO, CNBC, Bowman, Built environment

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has earned the #3 spot on Forbes’ list of Most Successful Small Cap Companies in America.

Key Points:

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has earned the #3 spot on Forbes’ list of Most Successful Small Cap Companies in America.
The company's outsized growth rate, continued service diversification, commitment to technology adoption and consistent execution have played pivotal roles in increasing the company’s market value and securing this recognition.
“Our culture and our collective commitment to work-sharing and revenue synergy are the driving forces behind his achievement,” said Gary Bowman, chairman and chief executive officer at Bowman.
“This recognition is a testament to the hard work and customer-first commitment of our employees every day and sets the stage for even greater accomplishments in the future.”
This accolade from Forbes comes on the heels of another significant recognition earlier this year when CNBC's Jim Cramer named Bowman a top industrial IPO of 2021.

Bowman Acquires Phoenix-based Hess-Rountree, Inc.

Retrieved on:

Tuesday, December 12, 2023

All Hess-Rountree employees have joined Bowman in connection with the acquisition.

Key Points:

All Hess-Rountree employees have joined Bowman in connection with the acquisition.
During its more than fifty years in business, Hess-Rountree has worked with over 70 school districts throughout Arizona.
“Hess-Rountree has geographic adjacency with our Arizona operations and their experience will immediately contribute to several of our national practice areas,” said Gary Bowman, chairman and CEO of Bowman.
“Having been around Bowman in Arizona for many years, we know their people and we have followed their extraordinary growth story.

Bowman Welcomes David Kelly, PE, CFM, as Branch Manager for Orlando, FL Expansion

Retrieved on:

Tuesday, December 5, 2023

Architecture, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Engineering, Urban Planning, Other Construction & Property, Manufacturing, Built environment, Growth, Housing, Bowman, PA Consulting Group, CFM, Interior design

The new location will initially offer civil engineering and land development services, with plans to expand operations in the future.

Key Points:

The new location will initially offer civil engineering and land development services, with plans to expand operations in the future.
Leading the Orlando office is industry veteran David Kelly, PE, CFM, who has been appointed principal, branch manager.
“I am thrilled to be joining Bowman and leading the charge in the greater Orlando area, particularly in such a dynamic residential space,” said David Kelly.
To enhance capabilities, Bowman's Orlando, Melbourne and Jacksonville offices will share resources to support the expansion of the Company’s residential client base.

Bowman Acquires Public Sector Focused High Mesa Consulting Group

Retrieved on:

Wednesday, November 15, 2023

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of High Mesa Consulting Group (“High Mesa”), a multi-disciplinary consulting firm headquartered in Albuquerque, New Mexico.

Key Points:

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of High Mesa Consulting Group (“High Mesa”), a multi-disciplinary consulting firm headquartered in Albuquerque, New Mexico.
All High Mesa employees will join Bowman in connection with the acquisition.
“High Mesa is a great addition to Bowman and immediately expands our reach into growing markets we do not currently serve,” said Gary Bowman, chairman and CEO of Bowman.
I’m very pleased to have the High Mesa team join us and look forward to a great future together.”
“This is the next chapter in the storied history of our firm,” said Charles Cala, president of High Mesa.

Bowman Enters into Definitive Purchase Agreement with California Environmental Firm Blankinship & Associates

Retrieved on:

Monday, November 13, 2023

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the acquisition of Davis, California based Blankinship & Associates (“Blankinship”).

Key Points:

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the acquisition of Davis, California based Blankinship & Associates (“Blankinship”).
Blankinship, an environmental sciences and engineering firm, specializes in providing water resources services, natural resource management services, permitting and compliance services, and specialized training.
Established in 2000 by current president Mike Blankinship, the firm serves both public and private sector clients providing solutions to complex environmental and natural resources challenges that intersect the built environment and natural resources.
Gary and the Bowman team share our desire to create common sense solutions that address complex environmental challenges.

Bowman Acquires Reno-Based Engineering Firm CFA, Inc.

Retrieved on:

Friday, November 10, 2023

Consulting, Engineering, Professional Services, Manufacturing, Built environment, Acquisition, Huron Consulting Group, Healthcare Facilities Accreditation Program, CFA, Culture, UAS, Aircraft, Partnership, Workplace, Transport, Bowman

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of CFA, Inc. (“CFA”), headquartered in Reno, Nevada.

Key Points:

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of CFA, Inc. (“CFA”), headquartered in Reno, Nevada.
Founded in 1981, CFA provides a mix of civil engineering, planning, surveying, mapping, and remote sensing to a mix of public and private sector customers.
“CFA’s team of professionals will be a terrific addition to Bowman,” said Gary Bowman, chairman and CEO of 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.