Bowman Consulting acquires e3i Engineers for AI-driven data center engineering expansion

From Yahoo Finance: 2025-07-02 09:00:00

Bowman Consulting Group Ltd. is expanding its high-tech infrastructure presence with the acquisition of e3i Engineers, specializing in data center design. The deal, valued at $2 million in annualized net service billing, brings over a decade of experience and expertise in AI systems and energy-efficient infrastructure.

Founder and CEO Gary Bowman sees the acquisition as a strategic move beyond traditional engineering. e3i’s innovative cooling technology and low-emission energy systems align perfectly with Bowman’s focus on high-performance infrastructure. The deal is financed through a mix of cash, seller notes, and a convertible note.

The acquisition underscores Bowman’s strategy to enhance its offerings in AI-focused engineering segments and emerging sectors like digital infrastructure and low-carbon energy solutions. This move aligns with the increasing demand for such services in the market.

Bowman’s cash and cash equivalents stood at $10.70 million as of March 31, 2025, showcasing financial strength. Investors interested in this sector may consider ETFs like iShares U.S. Infrastructure and Global X U.S. Infrastructure Development.

BMW shares closed at $28.63 on Tuesday. This acquisition marks Bowman Consulting’s expansion into AI-driven data center engineering, reflecting its commitment to growth and innovation in high-tech infrastructure solutions.

Read more: Bowman Consulting Expands Into AI-Driven Data Center Engineering