EX-99.1 2 d172893dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Bowman Consulting Group Announces Expiration of “Go-Shop” Period Previously Announced Transaction with Bernhard Capital Partners Remains Expected to Close in the Fourth Quarter of 2026 RESTON, Va., September 14, 2026 - Bowman Consulting Group Ltd. (NASDAQ: BWMN) (“Bowman” or the “Company”), a national engineering services and program management firm, today announced the expiration of the “go-shop” period under the terms of the previously announced definitive merger agreement with entities affiliated with Bernhard Capital Partners (“Bernhard”), dated as of August 10, 2026, pursuant to which Bernhard will acquire the Company in an all-cash transaction for $43.00 per share. The “go-shop” period expired at 5:00 p.m. Eastern Time on September 13, 2026. No proposals were received prior to the expiration. During the 35-day “go-shop” period, at the direction of the Board of Directors, the Company and its financial advisor, BofA Securities, actively solicited inquiries relating to alternative acquisition proposals from a wide range of potentially interested third parties. In total, the Company contacted 76 potentially interes…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
Bowman Consulting Group Ltd.
BWMNNASDAQEQUITYCurrent
Other Events
Item 8.01 Other Events. On September 14, 2026, Bowman Consulting Group Ltd. (the “Company”) issued a press release, a copy of which is attached as Exhibit 99.1 and incorporated by reference into this Item 8.01, announcing the expiration of the “go shop” period established pursuant to the terms of the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of August 10,…
Company context
Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment. With over 2,500 employees and 100 offices throughout the U.S., Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com.