M&A Deal Summary

Bowman Consulting Group Acquires Surdex

On April 3, 2024, Bowman Consulting Group acquired engineering company Surdex

Acquisition Highlights
  • This is Bowman Consulting Group’s 20th transaction in the Engineering sector.
  • This is Bowman Consulting Group’s 29th transaction in the United States.
  • This is Bowman Consulting Group’s 1st transaction in Missouri.

M&A Deal Summary
Date 2024-04-03
Target Surdex
Sector Engineering
Buyer(s) Bowman Consulting Group
Deal Type Add-on Acquisition

Target

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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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 29 of 30
Sector (Engineering) 20 of 21
Type (Add-on Acquisition) 29 of 30
State (Missouri) 1 of 1
Country (United States) 29 of 30
Year (2024) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-16 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-12 Element Engineering

Lakewood, Colorado, United States

Element Engineering specializes in water and wastewater treatment design, permitting, planning, funding, and design; enforcement orders assistance; GIS, mapping, and asset management; and distribution and collection system modeling, analysis, and design, the firm has licensed specialists providing designs to meet all related customers specifications. Element Engineering was founded in 2014 and is based in Lakewood, Colorado.

Buy -
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