flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

S/L/A/M/ Collaborative grows significantly in deal with CBRE

Architects

S/L/A/M/ Collaborative grows significantly in deal with CBRE

The architectural firm acquires five of Heery’s practices and adds 70 people.


By John Caulfield, Senior Editor | March 11, 2020

S/L/A/M Collaborative added practices and markets through its acquisition of parts of Heery from CBRE. Image: S/L/A/M Collaborative

S/L/A/M Collaborative, the national architectural firm based in Glastonbury, Conn., on March 6 completed its acquisition of five Heery architectural design practices from CBRE. The terms of the purchase were not disclosed.

The practices—focused on healthcare, sports facilities, and justice—are now known as Heery Design, a SLAM Studio. CBRE had owned Heery International, a project management and design engineering firm based in Atlanta, since October 2017 when it acquired the business for $57 million from Balfour Beatty. After the deal with S/L/A/M, CBRE retains full ownership of Heery’s interior design and engineering businesses that are integral to its project management services.

About 70 of Heery’s employees are coming over in this deal, joining 210 S/L/A/M professionals. Heery’s healthcare practice is located in Denver, Iowa City, Iowa, and Philadelphia. Its justice practice is in Orlando, Fla. And its sports design practice is in Atlanta. Heery Design offices associated with these practices are also part of this acquisition, along with the firm’s architectural book of business.

“The professionals joining S/L/A/M in this transaction are returning to a traditional design firm that values creativity, and is passionate about design,” said Richard T. Connell, FAIA, S/L/A/M’s chairman, in a prepared statement. Those professionals include Heery Design’s managing directors Russ Sedmak, Mike Holleman, and Douglas Kleppin, AIA, LEED AP.

S/L/A/M’s design portfolio includes healthcare, education, corporate and sports facilities. The firm provides integrated landscape architecture, structural engineering, interior design and construction services, with offices in Connecticut, New York, Atlanta, Boston, and Los Angeles.

A source knowledgeable about this deal, who spoke on background, said that a third party representing CBRE had approached a handful of firms, including S/L/A/M, at the beginning of 2018 about their interest in acquiring parts of Heery. This source said that CBRE was primarily interested in finding a buyer willing to acquire all five of the practices it wanted to shed.

This source adds that what CBRE is holding onto from its Heery purchase is a “much larger” piece than what it is selling to S/L/A/M.

Tags

Related Stories

Adaptive Reuse | Jul 9, 2018

Work, park, live: Inside Cincinnati’s parking garage turned lifestyle hotel

The Summit hotel and conference center is a converted parking garage that was once a factory.

Architects | Jun 28, 2018

Designing successful maker spaces

The challenge is to design makerspaces that work, spaces that function as a tool for educators to produce better students.

Architects | Jun 27, 2018

Steven A. Lichtenberger joins Leo A Daly as President

He will lead the firm’s global planning, architecture, engineering, and interiors practice worldwide.

Accelerate Live! | Jun 24, 2018

Watch all 19 Accelerate Live! talks on demand

BD+C’s second annual Accelerate Live! AEC innovation conference (May 10, 2018, Chicago) featured talks on AI for construction scheduling, regenerative design, the micro-buildings movement, post-occupancy evaluation, predictive visual data analytics, digital fabrication, and more. Take in all 19 talks on demand.

Building Team | Jun 22, 2018

What owners should know before choosing the design-build project delivery method

Outside of drawing up a well-written contract, owners often overlook a key attribute that can significantly impact the success of a design-build project, writes Skanska’s Julie Hyson.

Architects | Jun 14, 2018

Chicago Architecture Center sets Aug. 31 as opening date

The Center is located at 111 E. Wacker Drive.

Multifamily Housing | Jun 13, 2018

Multifamily visionaries: KTGY’s extraordinary expectations

KTGY Architecture + Planning keeps pushing the boundaries of multifamily housing design in the U.S., Asia, and the Middle East.

| Jun 11, 2018

Accelerate Live! talk: Regenerative design — When sustainability is not enough

In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), HMC’s Eric Carbonnier poses the question: What if buildings could actually rejuvenate ecosystems?

| Jun 11, 2018

Accelerate Live! talk: The smart jobsite — Predictive visual data analytics for proactive project controls

In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), a trio of experts in predictive visual data analytics presents how design-build giant Clayco has leveraged this technology to achieve production efficiency on several construction sites.

| Jun 11, 2018

Accelerate Live! talk: Design innovation at Adrian Smith + Gordon Gill Architecture

In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), AS+GG’s Anthony Viola takes us behind the magic curtain to illuminate the firm’s methods for nurturing design innovation.

boombox1
boombox2
native1

More In Category




Great Solutions

41 Great Solutions for architects, engineers, and contractors

AI ChatBots, ambient computing, floating MRIs, low-carbon cement, sunshine on demand, next-generation top-down construction. These and 35 other innovations make up our 2024 Great Solutions Report, which highlights fresh ideas and innovations from leading architecture, engineering, and construction firms.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021