Zweig Group M&A: Big Data

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With merger, HED enters Dallas, Boston, and market for data center design

In a deal that clearly points to an important growth sector in the AEC industry, Harley Ellis Devereaux entered the market in data center design by merging with Integrated Design Group, an architecture, engineering, and planning firm with an established reputation in the field.

The leadership and staff of Integrated Design, also known as ID, from its offices in Boston and Dallas will join the HED team with locations in Chicago, Detroit, Los Angeles, San Diego, San Francisco, and Sacramento. The combined firm is now 420 strong.

Zweig Group, an AEC management advisory firm with offices in Dallas, Fayetteville, Houston, Salt Lake City, and Washington DC, represented the selling firm.

“The merger between HED and ID is a great match,” said Phil Keil, Zweig Group’s director of strategy consulting and the firm’s project manager on the deal. “ID’s thought leadership in the data center design space will be a valuable growth platform as HED continues to serve clients, especially in healthcare and higher education. This merger with ID also opens up a regional presence for HED in the important and growing markets of Boston and Dallas.”

According to Peter Devereaux, FAIA, chairman of HED, this is a natural step for the firm.

“We are committed to strategic growth that increases the firm’s ability to create positive impacts for our clients and their stakeholders,” he said. “Bringing the ID team into the HED family is a step on our journey toward expanding our expertise and enabling a greater impact for our clients. It also allows us to reach new audiences – both in this new market sector for HED and in all the sectors we serve in the regions surrounding Boston and Dallas.”

HED leadership recognizes that this is an important, fast-growing sector throughout the U.S. and beyond, and see this as a golden opportunity to get into the right sector at the right time.

“Many of our clients, in healthcare, higher education, and corporate work, for example, are seeking this intelligence and specialized expertise,” Devereaux said. “This is an example of our ability to bring additional resources and insight to the table for our clients.”

ABOUT ZWEIG GROUP

Zweig Group, three times on the Inc. 500/5000 list, is the leading research, publishing, and advisory services resource in the AEC industry. The firm provides strategy, mergers and acquisitions, business valuation, ownership transition, marketing, business development, market research, financial management, project management, and executive search services nationwide. Zweig Group also provides a comprehensive suite of products including industry reports and surveys, executive training, and business conferences covering virtually every aspect of AEC firm management. The firm has offices in Dallas, Fayetteville, Houston, Salt Lake City, and Washington DC.

The firm’s mission, elevate the industry, has five tenets: promote, diversify, educate, change, and celebrate. Zweig Group’s vision is to facilitate action in pursuit of elevating individuals, firms, and thus the industry. More than a mission, this is a movement to advance the AEC profession, creating a world that celebrates the built environment and recognizes its impact on individuals, communities, and commerce.

 

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