M&A Deal Summary

Bowman Consulting Group Acquires Speece Lewis

On February 16, 2024, Bowman Consulting Group acquired engineering company Speece Lewis

Acquisition Highlights
  • This is Bowman Consulting Group’s 19th transaction in the Engineering sector.
  • This is Bowman Consulting Group’s 28th transaction in the United States.
  • This is Bowman Consulting Group’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2024-02-16
Target Speece Lewis
Sector Engineering
Buyer(s) Bowman Consulting Group
Deal Type Add-on Acquisition

Target

Speece Lewis

Lincoln, Nebraska, United States
Speece Lewis is a transportation, bridge design, surveying, and hydraulics-focused engineering firm. Speece Lewis was founded in 1974 and is based in Lincoln, Nebraska.

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Buyer(S) 1

Buyer

Bowman Consulting Group

Reston, Virginia, United States
Category Company
Founded 1995
Sector Business Services
Employees2,200
Revenue 346M USD (2023)
DESCRIPTION

Bowman Consulting Group provides a variety of planning, engineering, construction management, commissioning, environmental consulting, geomatics, survey, land procurement, and other technical services to customers operating in a diverse set of regulated end markets. Bowman Consulting Group was founded in 1995 and is based in Reston, Virginia.

DEAL STATS #
Overall 28 of 30
Sector (Engineering) 19 of 21
Type (Add-on Acquisition) 28 of 30
State (Nebraska) 1 of 1
Country (United States) 28 of 30
Year (2024) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-05 TCE

Williston, Vermont, United States

TCE provides site/civil engineering, environmental, landscape architecture, and land surveying. The company develops successful life-cycle project designs that assist its clients achieve their financial and operational goals from the initial concept through final construction. TCE was founded in 1975 and is based in Williston, Vermont.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-03 Surdex

Chesterfield, Missouri, United States

Surdex is a geospatial and engineering services firm providing low-, medium-- and high-altitude digital ortho imagery, advanced high-resolution LiDAR, intelligent digital mapping, 3D hydrography, and disaster mapping. The company provides clients with custom imagery and mapping products utilizing a fleet of specialized aircraft equipped with large- and medium-format digital sensors including the PHASE ONE Pas Pana "Blackbird" digital cameras, Leica ADS100 Airborne Digital Sensors, the Leica DMC-1 Digital Frame Camera and Optech T2000 LiDAR sensors. Surdex was formed in 1954 and is based in Chesterfield, Missouri.

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