Bernhard Capital Partners strikes $1B deal to acquire Virginia engineering firm

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Baton Rouge-based private equity firm Bernhard Capital Partners has agreed to acquire Reston, Virginia, engineering and infrastructure services firm Bowman Consulting Group Ltd. in an all-cash transaction valued at approximately $1 billion, the companies announced Monday. Under the terms of the agreement, Bowman shareholders will receive $43 per share in cash, representing a roughly 58%

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