Cushing Terrell buys Seattle's Graphite Design Group, builds 30-plus local team
What's the deal? Cushing Terrell has acquired Graphite Design Group, a Seattle architecture firm, taking on its team, contracts, and client relationships. The deal gives the acquirer a Seattle architecture group of more than 30 design professionals. Terms were not disclosed.
Who's who? Cushing Terrell is an 88-year-old multidisciplinary design firm. Graphite Design Group is a Seattle-based architecture practice now folded into its operations.
What's the endgame? The acquisition deepens Cushing Terrell's footprint in the Pacific Northwest, continuing a run of deals aimed at building local scale.
The signal: Multidisciplinary design firms are consolidating regional practices to add talent and local client books in one move, trading on scale in a competitive architecture market.
Read more: news.theregistryps.com
Image credit: JasonParis
