{"id":522344,"date":"2021-08-03T16:04:20","date_gmt":"2021-08-03T20:04:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\/"},"modified":"2021-08-03T16:04:20","modified_gmt":"2021-08-03T20:04:20","slug":"bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\/","title":{"rendered":"Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; Associates in Atlanta"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\">\nBowman Consulting Group Acquires Assets of McFarland-Dyer &amp; Associates in Atlanta\n<\/p>\n<p>RESTON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBowman Consulting Group Ltd. (the \u201cCompany\u201d or \u201cBowman\u201d) (NASDAQ: BWMN), today announced the acquisition of the assets of McFarland-Dyer &amp; Associates (\u201cMDA\u201d) headquartered in the greater Atlanta area. Founded in 1995, McFarland-Dyer &amp; Associates delivers civil engineering, land planning, land surveying, and landscape architecture services to public and private sector clients throughout the Southeast.\n<\/p>\n<p>\n\u201cWe are excited and happy to welcome all of the MDA employees and clients to Bowman,\u201d said Gary Bowman, chairman and CEO of Bowman. \u201cMcFarland-Dyer brings a strong market reputation and I look forward both to expanding our presence in the Atlanta market and to extending McFarland-Dyer\u2019s surveying, landscape architecture, site planning and civil engineering services to our customers throughout the Southeast.\u201d\n<\/p>\n<p>\n\u201cThe economics of this acquisition are in line with our strategy, and I am confident in our ability to generate beneficial revenue synergies together,\u201d added Bowman. \u201cIn keeping with our goal of delivering reasonably priced growth and enhanced shareholder value, this is the first of what we expect to be many acquisitions we make as a public company. We are actively pursuing numerous opportunities to invest the proceeds from our recent $52 million initial public offering and expect to close on additional acquisitions this year.\u201d\n<\/p>\n<p>\n\u201cBowman offers us an exciting opportunity to effect an orderly ownership transition and become part of a dynamic and growing organization,\u201d said Phyllis Lamme, President of MDA. \u201cThe leadership of Bowman has demonstrated their commitment to empowering the staff of acquired firms by enabling them to thrive, grow and develop professionally within a culture that promotes those same values that we have held since our founding. We are excited about joining Bowman.\u201d\n<\/p>\n<p>\nThe acquisition, which was financed with a combination of cash, seller financing and stock, is initially expected to add a base of approximately $4 million of annualized net service billing to Bowman and be immediately accretive. The Company will discuss the economics and financial impact of the transaction in more detail during its investor webcast on August 12, 2021, at 9:00 a.m. ET.\n<\/p>\n<p><b>About McFarland-Dyer &amp; Associates<\/b><\/p>\n<p>\nFounded in 1995, McFarland-Dyer &amp; Associates delivers civil engineering, land planning, land surveying, and landscape architecture services to public and private sector clients throughout the Southeast, with a focus on the metropolitan Atlanta area. Public work has included schools, libraries, fire stations, city halls, streetscapes, parks, playfields and sports facilities. Private projects have included residential subdivisions, multi-family developments, hotels, commercial centers and amenity areas with swimming and tennis facilities. More information on MDA can also be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.gomda.net&amp;esheet=52470178&amp;newsitemid=20210803005974&amp;lan=en-US&amp;anchor=www.gomda.net&amp;index=1&amp;md5=5190de73e72135fb500f6b2a88689715\">www.gomda.net<\/a>.\n<\/p>\n<p>\nAbout Bowman Consulting Group Ltd.\n<\/p>\n<p>\nHeadquartered in Reston, Virginia, Bowman is a professional services firm delivering innovative engineering solutions to customers who own, develop, and maintain the built environment. With 800 employees and more than 30 offices throughout the United Sates, Bowman 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. On May 11, 2021, Bowman completed its $51.7 million initial public offering and began trading on the Nasdaq under the symbol BWMN. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bowman.com&amp;esheet=52470178&amp;newsitemid=20210803005974&amp;lan=en-US&amp;anchor=www.bowman.com&amp;index=2&amp;md5=cdb93cd043cac702dc0f5be562f1ab43\">www.bowman.com<\/a>.\n<\/p>\n<p><b>Forward-Looking Statements <\/b><\/p>\n<p>\nThis press release may contain \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the \u201cRisk Factors\u201d set forth in the Company\u2019s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210803005974r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210803005974\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210803005974\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations<br \/>\n<br \/>Bruce Labovitz<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@bowman.com\">ir@bowman.com<br \/>\n<\/a><br \/>(703) 787-3403\n<\/p>\n<p>\nMegan McGrath<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mmcgrath@finprofiles.com\">mmcgrath@finprofiles.com<br \/>\n<\/a><br \/>(310) 622-8248\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Virginia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Consulting Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Manufacturing Construction &amp; Property Professional Services Landscape Architecture Other Professional Services Engineering Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210803005974\/en\/895658\/3\/Logo_BowmanOnly_CMYK_viewimage.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; Associates in Atlanta RESTON, Va.&#8211;(BUSINESS WIRE)&#8211; Bowman Consulting Group Ltd. (the \u201cCompany\u201d or \u201cBowman\u201d) (NASDAQ: BWMN), today announced the acquisition of the assets of McFarland-Dyer &amp; Associates (\u201cMDA\u201d) headquartered in the greater Atlanta area. Founded in 1995, McFarland-Dyer &amp; Associates delivers civil engineering, land planning, land surveying, and landscape architecture services to public and private sector clients throughout the Southeast. \u201cWe are excited and happy to welcome all of the MDA employees and clients to Bowman,\u201d said Gary Bowman, chairman and CEO of Bowman. \u201cMcFarland-Dyer brings a strong market reputation and I look forward both to expanding our presence in the Atlanta market and to extending McFarland-Dyer\u2019s surveying, landscape architecture, site planning &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; Associates in Atlanta&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-522344","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; Associates in Atlanta - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; Associates in Atlanta - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; Associates in Atlanta RESTON, Va.&#8211;(BUSINESS WIRE)&#8211; Bowman Consulting Group Ltd. (the \u201cCompany\u201d or \u201cBowman\u201d) (NASDAQ: BWMN), today announced the acquisition of the assets of McFarland-Dyer &amp; Associates (\u201cMDA\u201d) headquartered in the greater Atlanta area. Founded in 1995, McFarland-Dyer &amp; Associates delivers civil engineering, land planning, land surveying, and landscape architecture services to public and private sector clients throughout the Southeast. \u201cWe are excited and happy to welcome all of the MDA employees and clients to Bowman,\u201d said Gary Bowman, chairman and CEO of Bowman. \u201cMcFarland-Dyer brings a strong market reputation and I look forward both to expanding our presence in the Atlanta market and to extending McFarland-Dyer\u2019s surveying, landscape architecture, site planning &hellip; Continue reading &quot;Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; Associates in Atlanta&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-03T20:04:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210803005974r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; 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Founded in 1995, McFarland-Dyer &amp; Associates delivers civil engineering, land planning, land surveying, and landscape architecture services to public and private sector clients throughout the Southeast. \u201cWe are excited and happy to welcome all of the MDA employees and clients to Bowman,\u201d said Gary Bowman, chairman and CEO of Bowman. \u201cMcFarland-Dyer brings a strong market reputation and I look forward both to expanding our presence in the Atlanta market and to extending McFarland-Dyer\u2019s surveying, landscape architecture, site planning &hellip; Continue reading \"Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; Associates in Atlanta\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-03T20:04:20+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210803005974r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/bowman-consulting-group-acquires-assets-of-mcfarland-dyer-associates-in-atlanta\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Bowman Consulting Group Acquires Assets of McFarland-Dyer &amp; 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