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Tag: Gary Bowman

Bowman announces executive promotions

Michael Bruen has been named Bowman Consulting Group’s president, the Reston-based engineering services firm announced last week.

Gary Bowman, who formerly was president, retains his roles as CEO and chairman. Dan Swayze, who served as executive vice president and division manager, will fill Bruen’s former role as chief operating officer and will become an executive officer of the company.

Additionally, Bowman Consulting’s executive vice president and chief financial officer, Bruce Labovitz, entered into a new four-year contract with the company. 

“These promotions and the extension of Bruce’s contract underscore our commitment to internal leadership development and to ensuring continuity and stability among our executive team,” Bowman stated in a news release. “With respect to Mike and Dan, this is a natural evolution in our leadership structure, and I remain fully committed to an active operational role as chief executive officer.”

Bruen has worked at Bowman for more than 25 years, spending the last 15 years as chief operating officer. He also serves on the company’s board. As president, Bruen’s responsibilities will include overseeing strategic planning and business development. 

Swayze came aboard in 2022 as executive vice president of energy services. In his new role, Swayze will be responsible for the oversight of all professional services operations. Previously, he was chief operating officer at New York’s Onyx Renewable Partners, a renewable energy developer and financier. Swayze led Onyx’s engineering, procurement, construction and asset management divisions. 

Labovitz has worked at Bowman since 2013 and aided Bowman’s transition to a public company in 2021.  He’s also overseen several acquisitions and led investor relations and corporate communications. In June, the Northern Virginia Technology Council recognized Labovitz as its 2024 Public Company CFO of the Year. 

Bowman has more than 2,200 employees across 92 offices nationwide and provides planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services. The company reported $346.3 million in 2023 revenue, up from $261.7 million in 2022 revenue, a 32% increase. 

Bowman acquires Ga., Fla. engineering firms

Updated May 18

Reston-based engineering services firm Bowman Consulting Group Ltd. completed two acquisitions early this week, its 19th and 20th purchases since going public in May 2021.

The company announced Monday it had acquired Georgia-based Fisher Engineering Inc. and followed it with a Wednesday announcement it had acquired Florida-based civil engineering firm Hole Montes Inc.

Financial details of the transactions were not disclosed, but Bowman financed the deals with a combination of cash, seller notes and equity, according to news releases.

Founded in 2007, Fisher specializes in fire protection and life safety engineering. Its services include code consulting, systems design and life safety survey and analysis. Based near Atlanta in Johns Creek, Georgia, the firm also has offices in Arizona, Maine, Maryland, Michigan, North Carolina and Virginia Beach.

“We’ve been pursuing the acquisition of Fisher for quite some time,” Bowman CEO Gary Bowman said in a statement. “Fisher has built a great platform from which we can expand a national and international fire protection and life safety practice. … Fisher’s experience as a prime contractor to the United States federal government will provide us a pathway to expand our reach to the single largest infrastructure consumer in our market.”

Fisher’s 24 employees will join Bowman.

“Bowman has a reach that will enable our business to grow at a rate we could not otherwise achieve,” Doug Fisher, Fisher’s co-founder and principal of fire engineering, said in a statement. “There’s a tremendous opportunity to leverage our collective experiences, customers and cultures to create something far bigger and more valuable than what we have today.”

Bowman expects the acquisition to contribute approximately $5 million in annual net service billing.

The second announced purchase, Hole Montes, offers infrastructure planning services, including survey, geographic information system (GIS) and construction management services. Founded in 1966, the company has an office in Naples, Florida, and Fort Myers, Florida. 

“Hole Montes is a well-respected firm with a long-established presence in Southwest Florida,” Bowman CEO Gary Bowman said in a statement. “They possess expertise and client relationships that complement ours and will benefit from our national platform.” 

Hole Montes’ 65 employees will join Bowman. 

“Working with Bowman during the diligence and pre-integration period has given us tremendous comfort that this is the right next step for our leadership, our employees and our customers,” Hole Montes CEO Bob Mulhere said in a statement. ”We’re excited to accelerate our growth and to contribute our expertise to Bowman’s portfolio of services.”

Bowman expects the acquisition to initially contribute approximately $7 million in annual net service billing.

Bowman has more than 1,700 employees in more than 70 offices across the country and provides planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services. The company went public in May 2021 and has acquired several companies across the country as it continues to look for strategic growth opportunities. The company reported $261.7 million in 2022 revenue.

 

Bowman names chief digital officer

Reston-based Bowman Consulting Group Ltd., an engineering services firm, has named Ryan Belyea chief digital officer, a new position.

Belyea brings 25 years of experience to Bowman, most recently serving as vice president and director for digital at AECOM in the U.S. and Latin America. He started his job in January.

At Bowman, Belyea will partner with the company’s senior executive team to establish and embed digital service offerings to existing and new business lines as well as ensure alignment of digital strategies with acquisition initiatives and technology systems development.

“Our industry is rapidly evolving, and Bowman is embracing these trends by investing in digital strategies to marry our expertise in traditional engineering practices with new technologies that bring advanced services to our clients and create new pathways for company growth,” Bowman Chairman and CEO Gary Bowman said in a statement. “Ryan is a seasoned leader who will bring our internal and external digital transformation vision to fruition, and help Bowman lead the market for delivering these services to our customers.”

Bowman has 1,700 employees in more than 70 offices across the country and provides planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services.