Michael Graves Architecture has expanded once again with its newly-announced acquisition of Washington, D.C.’s PGN Architects (PGN). The addition marks their fourth such move in the past twelve months, following successive mergers with Mid-Atlantic firms Waldon Studio Architects, Jose Carballo Architectural Group, and Walter Robbs Callahan & Pierce Architects, respectively.
The Princeton-based MG announced the merger on Thursday as an attempt to bolster its expertise in the multifamily market and sectors. PGN Partners Jeff Goins and Sean Pichon will remain in leadership roles, while MG President and CEO Joe Furey will oversee the integration along lines related to the firm’s long-term strategic plan.
“When evaluating this acquisition, we immediately recognized the talent, forward-thinking design approach, and deep level of experience within the PGN team, especially in the multifamily sector with many mixed-use projects. As we learned more about each other, we realized our values aligned seamlessly, and that our collaboration would create a wonderful synergy,” Joe Furey said in a statement. “We were immediately impressed with PGN’s portfolio and its team, which will ultimately lead to many new opportunities in the Washington, D.C. market and throughout the country. We believe this acquisition will further enhance our design capabilities and market sector knowledge, as well as build upon our core values of innovation, commitment to quality, and unwavering client service.”
“PGN is already prominent in Washington, D.C. We have made a name for ourselves by establishing a presence and breaking ground with our multifamily portfolio,” Pichon said finally. “We’re excited to bring the MG team into the multifamily conversation and in turn, use our newly expanded resources to broaden our design influence on a national level.”
No Comments
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.