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Perkins Eastman, Dougherty Announce Merger

Tuesday, May 1, 2018

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Global architecture and design firm Perkins Eastman (New York City) and California-based firm Dougherty rescently announced that the two have agreed on a merger, effective May 1. The financial details of the deal were not disclosed.

In a news release, Perkins Eastman said that the merger will build upon the firms’ established practices, particularly in high education design. Perkins Eastman had also been looking to diversify further west in the United States.

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Global architecture and design firm Perkins Eastman (New York City) and California-based firm Dougherty recently announced that the two have agreed on a merger, effective May 1.

“Dougherty’s respected and highly regarded architectural design practice here in California naturally aligns with Perkins Eastman’s plan to [diversify] the firm’s expertise in the region, enhancing our client relationships, and providing growth opportunities for our valued employees,” said Erich Burkhart FAIA, Executive Director and Managing Principal of Perkins Eastman’s San Francisco office.

The statement says that both firms were founded with similar beliefs: “that architecture can have a direct and positive impact on people’s lives, achieved through close collaboration with the client and community.”

“The merger of Dougherty with Perkins Eastman represents the perfect alliance of a highly respected international design firm with a regional hands-on studio,” said Betsey Olenick Dougherty FAIA, LEED AP, Dougherty’s founding principal.

“Both firms share a common cultural commitment to personal service, quality, technology advancement, sustainability and community-based quality of life projects.”

The companies noted that the combined firm will total more than 1,000 employees and intends to add resources, client value and opportunities for workers.

Perkins Eastman has its name on several high-profile projects, including the $2.5 billion mixed-use development known as The Wharf in Washington, D.C., which is currently embroiled in a $5 million lawsuit.

   

Tagged categories: Acquisitions; Business matters; Business operations; Mergers; Perkins Eastman

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