Bowman Consulting Acquires MTX Surveying For Undisclosed Sum, Expanding Energy-Oriented Services
Portfolio Pulse from Akanksha Bakshi
Bowman Consulting Group (NASDAQ:BWMN) has acquired MTX Surveying, a geospatial, land survey, and project management company. The deal is expected to be immediately accretive and contribute approximately $9 million of annualized net service billing.
June 05, 2023 | 2:41 pm
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Bowman Consulting acquires MTX Surveying, expanding its energy-oriented services. The deal is expected to contribute $9 million of annualized net service billing.
The acquisition of MTX Surveying will expand Bowman Consulting's energy-oriented services and is expected to contribute $9 million of annualized net service billing. This is likely to have a positive impact on BWMN's stock price in the short term as it shows growth and expansion in the company's services.
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