NASDAQ:BWMN

Appointment of Victor Kong as Vice President of Technology at Capstone

Retrieved on: 
Monday, December 11, 2023

Capstone Green Energy Holdings, Inc. (the “Company”), the public successor to Capstone Green Energy Corporation (Predecessor Capstone), has promoted Victor Kong to Vice President of Technology.

Key Points: 
  • Capstone Green Energy Holdings, Inc. (the “Company”), the public successor to Capstone Green Energy Corporation (Predecessor Capstone), has promoted Victor Kong to Vice President of Technology.
  • Robert Flexon, Executive Chairman and Interim President & CEO of Capstone, expressed his enthusiasm about Victor’s new role, stating, “We are delighted to promote Victor Kong to this position.
  • “I am honored and excited to take on the role of Vice President of Technology at Capstone.
  • I am committed to leveraging my experience to drive excellence, foster collaboration, and contribute to the continued success of our engineering and technology initiatives,” stated Victor Kong, Vice President of Technology of Capstone.

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

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 Announces Authorization of New Share Repurchase Program

Retrieved on: 
Friday, November 17, 2023

Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering services firm supporting owners and developers of the built environment, today announced the authorization by its Board of Directors of a new $10 million share repurchase program under which the Company may repurchase up to $10 million of Bowman’s common stock.

Key Points: 
  • Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering services firm supporting owners and developers of the built environment, today announced the authorization by its Board of Directors of a new $10 million share repurchase program under which the Company may repurchase up to $10 million of Bowman’s common stock.
  • The Company’s prior $10 million authorization expired on November 10, 2023, with $9.3 million remaining available for repurchase.
  • The execution of the repurchase program is expected to be consistent with the Company’s strategic initiatives which prioritize investments in organic and acquisitive growth.
  • The share repurchase program does not obligate Bowman to acquire a specific number of shares of common stock and may be suspended, modified, or discontinued at any time without notice.

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

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.

Bowman Announces Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 6, 2023

Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three and nine months ended September 30, 2023.
  • “I am extremely pleased with our strong third quarter results,” said Gary Bowman, Chairman and CEO of Bowman.
  • Introducing non-GAAP Adjusted Earnings per Share:
    In connection with the release of financial results for the three and nine months ended September 30, 2023, the Company introduced the new non-GAAP financial metric of adjusted earnings per share (“Adjusted EPS”).
  • Bowman will host an earnings webcast to discuss the results of the quarter as follows:
    Hosts: Gary Bowman, Chairman and CEO and Bruce Labovitz, Chief Financial Officer
    1 Includes reclassification of Project Design Consultants and Anchor Engineering acquisitions as organic revenue.

Bowman Completes Intersection Improvements in Inman Square, Cambridge, MA

Retrieved on: 
Monday, October 30, 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, is pleased to announce the completion of the Inman Square intersection safety improvements in Cambridge, MA.

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, is pleased to announce the completion of the Inman Square intersection safety improvements in Cambridge, MA.
  • In 2017, the Kleinfelder-led team was selected for the project through an on-call services contract with the City of Cambridge, MA.
  • Prior to the improvements, Inman Square was a high-crash intersection.
  • The chosen design transformed Inman Square’s geometry into a configuration that prioritizes safety of all modes of transportation.

Bowman Consulting Group Announces Dates for Third Quarter 2023 Earnings Release and Webcast

Retrieved on: 
Wednesday, October 18, 2023

Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the third quarter of 2023 after the U.S. financial markets close on Monday, November 6, 2023.

Key Points: 
  • Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the third quarter of 2023 after the U.S. financial markets close on Monday, November 6, 2023.
  • The Company will host a webcast to discuss its third quarter results at 9:00 a.m.
  • Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call followed by a question-and-answer session.
  • Links to the live webcast of the event and subsequent replay of the event will be available on the Bowman Investor Relations website at https://investors.bowman.com .