M&A
confidence high
sentiment neutral
materiality 0.60
Bowman Consulting files financial details of McMahon acquisition; FY2021 revenue $28.5M
Bowman Consulting Group Ltd.
- McMahon's audited FY2021 net revenue $28.5M, net income $3.59M (incl. $3.3M PPP forgiveness).
- McMahon's unaudited Q1 2022 net revenue $8.68M, net income $323K; total assets $11.4M.
- Pro forma financials filed to reflect combined entity; transaction closed May 4, 2022, terms unchanged.