"Bowman Consulting Group, a Reston, VA-based infrastructure engineering consultancy, has acquired CFA Inc., a Reno-based civil engineering firm, and Blankinship & Associates, a Sacramento-based environmental consulting firm.
Founded in 1981, CFA provides services in civil engineering, planning, surveying, mapping, and remote sensing to public and private sector clients. The firm works on public works and utility infrastructure, traffic and transportation management, data centers, healthcare facilities, educational institutions, hospitality venues, and recreational complexes.
CFA has approximately 30 employees, all of whom will join Bowman as part of the acquisition.
Bowman’s purchase of CFA will strengthen its presence in Nevada, where it currently has a Las Vegas office, and will provide a base for further expansion in the state, the firm said in a press release.
The other acquired firm, Blankinship & Associates, was founded in 2000 and provides environmental and engineering services in water resources, natural resource management, permitting and compliance, and specialized training.
The Sacramento area firm has 11 employees, according to its website, and is led by founder and president Mike Blankinship.
“Mike and his team have a unique set of skills and specialties that have been honed during his more than 20 years in business,” Bowman said. “Their practice will be of immediate value in every aspect of our business, and we expect there to be significant revenue synergy and wallet-share expansion opportunities created by this acquisition.”
The Blankinship deal is expected to add approximately $3 million in annual billing."
#transportation #engineering #acquisition #revenue 💰📈🚧
Congrats Kelley on your new role! Hope to maybe work with you someday! 😀