Bowman Consulting (BWMN) said Monday it has agreed to acquire Houston-based RPT Alliance for $59.7 million in cash and a seller note.
The company said it estimates that RPT will add around $22 million to $24 million in annualized net service billing in 2026 and be accretive to earnings.
The acquisition of the utility-focused engineering design firm adds to Bowman's plans for expanding its power and utilities services business through scalable services, the company said.