The Bowman investment thesis is simple.
We are a profitable engineering services growth story. We intentionally operate a low-risk business model that serves attractive end markets and a diverse customer base. We are led by a committed and invested founder along with an experienced and cycle-tested executive team. Our long-term relationships with repeat customers and multi-year assignments provide reliable revenue visibility.
We are deliberate about managing risk. We exclusively provide professional and related services with no construction-related exposure. We are not a partner in any design-build construction projects, and we carry no equipment inventory. Our risk of contract loss is generally limited to the cost of internal labor associated with fixed fees and professional services assignments.
We are an acquisitive company. Over the past ten years, we have successfully completed 37 acquisitions of engineering and consulting services companies that have contributed over $207 in net service revenue. Our acquisition strategy is to identify targets that align with our culture, permit rapid integration, and present immediate opportunities across our platform for expanded services, revenue synergies, and work sharing efficiencies.
We are an agile, growth-oriented company committed to providing essential technical and professional services to a broad base of long-term and repeat customers. With 2,500 professionals in 100 offices around the country, we offer our customers professional depth in attractive geographic markets. Our dedication to growth has enabled us to attract and retain exceptional talent. We embody a set of cultural values that promote entrepreneurship, personal growth, and responsibility. We are committed to advancing diversity and inclusion in our workforce and believe we have built an organization uniformly aligned in its mission, values, purpose, and goals.