Bowman Acquires RPT Alliance, Broadens Energy Engineering to Include Utility-Scale Power Generation for Data Centers and Industrial Facilities | BWMN Stock News

StockTitan
2025.12.07 23:00
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Bowman Consulting Group Ltd. has acquired RPT Alliance, a Houston-based designer of natural gas transmission and power generation infrastructure. This acquisition aims to expand Bowman's power and utilities practice, enhancing its ability to provide scalable, high-value services in the energy sector. The $59.7 million transaction is expected to contribute $22–24 million in annualized net service billing in 2026 and be accretive to earnings. The acquisition strengthens Bowman's position in the growing market for power and energy solutions.