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Stock impact report

Bowman to Acquire Exeltech, Expanding Bridge Design and Transportation Engineering

Bowman Consulting Group Ltd. (BWMN) 
Company Research Source: Business Wire
RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced it has entered into a definitive purchase agreement to acquire Exeltech Consulting, Inc. (“Exeltech”) based in Lacey, Washington. Exeltech specializes in bridge design, transportation planning, environmental compliance, civil engineering, landscape architecture, permitting and construction management for owners and operators of transportation infrastructure, transit facilities, ports and harbors, waterfront developments, building structures, and storm drainage and utility systems. Led by Santosh Kuruvilla, PE, SE, PMP, Exeltech serves clients throughout the Pacific Northwest from offices in Washington, Oregon, and Montana.“Exeltech complements Bowman from both a services and geographic footprint perspective,” said Gary Bowman, chairman and CEO of Bowman. “The structural bridge design and transportation infrastructure experience of the Exeltech team expands the cap Show less Read more
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