Bowman Consulting Group Ltd. (BWMN) Form 10-Q — Aug 10, 2026
Bowman Consulting Group disclosed in this 10-Q that on August 9, 2026 it entered into a merger agreement with Prive Parent, Inc. and Prive Merger Sub, Inc., affiliates of Bernhard Capital Partners, under which each share of Bowman common stock will be converted into $43.00 in cash and the company will be taken private and delisted from Nasdaq. The board unanimously approved the deal, which is expected to close in Q4 2026 or Q1 2027, subject to stockholder approval and Hart-Scott-Rodino clearance.
Key figures
- Eps
- 0.15 basic / 0.14 diluted (Q2 2026); -0.07 basic (H1 2026)
- Revenue
- 146125000
- Net Income
- $2.495M Q2 2026 (vs $6.009M Q2 2025); net loss of $1.207M for H1 2026
- Total Debt
- $136.2M revolving credit facility balance plus $44.7M notes payable as of June 30, 2026 (vs $95.4M revolver and $57.0M notes payable at Dec 31, 2025)
- Revenue Yoy
- 19.7% (Q2 2026 vs Q2 2025); 16.0% for six months
- Total Assets
- 620062000
- Cash Position
- 10486000
- Expected close
- Q4 2026 or Q1 2027
- H1 2026 buybacks
- 381,936 shares at average $32.02 for $12.2 million
- Termination fee usd
- approximately $26.9 million
- Adjusted ebitda h1 2026
- 40891000
- Adjusted ebitda q2 2026
- 24092000
- Interest expense q2 2026
- 3532000
- Merger price per share usd
- 43
- Rpt acquisition consideration
- 61300000
- Shares outstanding aug 5 2026
- 17335512
- Remaining performance obligations
- 440200000
- Excluded party termination fee usd
- approximately $13.4 million
Price after filing
Close on the filing date to close N calendar days later (from $27.23). Historical, not a forecast.
AI analysis
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