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Louisville, Kentucky — Louisville-based Stengel Hill Architecture has acquired San Diego, Calif.-based Smith Consulting Architects, a 15-professional firm whose portfolio includes industrial, healthcare, R&D, laboratory, retail, manufacturing and LEED-certified facilities, services To end users, government customers, and real estate developers.
Stengel Hill has offices in Louisville and Lexington and a management team of seven architect partners and three associate partners. The company has 75 members, including 24 registered architects and 8 registered interior designers.It operates in 43 states, focusing on Complex institutional, health care, and educational facilities, particularly in the expanding areas of behavioral and mental health care.
The acquisition was announced by Washington, D.C.-based Godspeed Capital Management LP, a lower-middle-market private equity firm focused on defense and government services, solutions and technologies that has a financial interest in Stengel Hill. Godspeed describes Stengel Hill as its architecture, engineering and consulting services platform.
The transaction marks the first addition to SHA’s growing corporate platform and expands its geographic footprint into California.
Founded in 1988 by Cheryl (Dennie) Smith in San Diego, California, Smith Consulting Architects is an award-winning firm specializing in master planning, architectural design and interior design. SCA’s track record of quality design work and technical capabilities has attracted and retained many high-profile clients across various end markets.
“We are pleased to welcome Smith Consulting Architects to the SHA platform as their footprint and industry expertise in the California architecture and design market will greatly expand the scope and breadth of our services,” said Stengel, senior principal and founding partner of SHA. “SCA’s experienced, licensed and accredited team is comprised of some of the industry’s top professionals and the platform has built a reputation for excellence that will help diversify our growing client portfolio in the U.S. healthcare facility market.”
“We are excited to have Smith Consulting Architects join the SHA platform and significantly grow our presence in the massive California market,” said Hill, who is also a senior principal and founding partner of SHA. “With a successful track record of executing projects in the industrial, government, healthcare and retail markets, and a talented team of professionals, SCA is a perfect fit for SHA’s national growth strategy.”
Latham & Watkins LLP is serving as legal counsel to Godspeed Capital.
While Godspeed Capital’s typical investments involve companies generating $3 million to $30 million in EBITDA, it supports larger transactions through strategic co-investing relationships, its website says. The firm focuses on control acquisitions, acquisitions and construction, corporate divestitures and special situations.
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