Bowman Consulting acquires RPT Alliance for $59.7M

Last night, the company stated: “Bowman Consulting (BWMN) announced the acquisition of Houston-based RPT Alliance, a leading designer of natural gas transmission facilities and power generation infrastructure, including microgrid and bridging power installations for data centers, large industrial power consumers and utility operators. The acquisition marks another milestone in Bowman’s effort to expand its power and utilities practice through scalable, high-value services that position the company to capture increasing share of the markets transforming the modern energy generation and provisioning landscape. The $59.7 million transaction was financed with cash and a seller note. The company projects RPT will contribute approximately $22-24 million in annualized net service billing in 2026 and be accretive to earnings. More detailed information on M&A activity and guidance updates will be provided in connection with the next scheduled earnings communication.”