M&A Deal Summary

Bowman Consulting Group Acquires TCE

On February 5, 2024, Bowman Consulting Group acquired engineering company TCE

Acquisition Highlights
  • This is Bowman Consulting Group’s 18th transaction in the Engineering sector.
  • This is Bowman Consulting Group’s 27th transaction in the United States.
  • This is Bowman Consulting Group’s 1st transaction in Vermont.

M&A Deal Summary
Date 2024-02-05
Target TCE
Sector Engineering
Buyer(s) Bowman Consulting Group
Deal Type Add-on Acquisition

Target

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.

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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 27 of 30
Sector (Engineering) 18 of 21
Type (Add-on Acquisition) 27 of 30
State (Vermont) 1 of 1
Country (United States) 27 of 30
Year (2024) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 Hess-Rountree

Phoenix, Arizona, United States

Hess-Rountree is a full-service engineering firm that provides civil engineering, land surveying, and infrastructure planning services to public and private sector clients throughout Arizona. Specializing in educational and athletic facilities, along with commercial, municipal, and institutional development projects, the firm has worked with over 70 school districts throughout the State of Arizona and completed over 800 projects for new and existing elementary, middle school, high school, and collegiate campuses. Hess-Rountree is based in Phoenix, Arizona.

Buy -
FOLLOWING 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 -
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