
Bowman Acquires Lazen Power Engineering, Adding High-Voltage Transmission Line Design to Power & Utility Practice | BWMN Stock News

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Bowman Consulting Group Ltd. has acquired Lazen Power Engineering, enhancing its capabilities in high-voltage transmission line design. This acquisition allows Bowman to compete in the growing HVTL segment and strengthens its technical expertise in utility design. The deal, financed through cash and equity, is expected to generate a net service billing run rate of approximately $2 million and be immediately accretive. The acquisition aligns with Bowman's strategy to expand its energy practice and meet the rising demand for reliable power infrastructure.
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