Blue Point Capital Partners has sold its stake in Callison Architecture to ARCADIS. No financial terms were disclosed. Based in Seattle, Callison is an architecture and interior design firm.
SEATTLE, WA–(Marketwired – October 20, 2014) – Blue Point Capital Partners announced today that the firm has sold its interest in Callison Architecture to ARCADIS (EURONEXT: ARCAD), a global natural and built asset design and consultancy firm. Sale terms were not disclosed.
“We are extremely pleased with what we’ve been able to accomplish alongside the management team at Callison,” said Mark Morris, a partner with Blue Point. “We were focused on growing the Company since the outset of our partnership, and through dynamic strategic planning we’ve been able to support Callison during a period of rapid international expansion, the integration of multiple add-on acquisitions and other strategic growth initiatives.”
Callison, headquartered in Seattle, WA, is a leading professional architecture and design firm, providing a full suite of services including architecture, interior and graphic design across a variety of markets, including retail, hospitality, mixed-use, healthcare and corporate projects worldwide. The Company has developed a rapidly growing international presence, having completed a number of projects in over 25 countries. With more than 1,100 professional staff across offices in New York City, Los Angeles, Dallas, Scottsdale, Shanghai, Beijing, Guangzhou, London, Mexico City, Dubai and India, Callison is consistently ranked as the number-one retail architectural design firm in the world.
“Under Blue Point’s ownership, Callison has experienced significant international growth, added to its client portfolio and diversified its end markets, more than tripling the Company’s profitability,” Morris added. “These results further establish Callison as the true leader in the industry, and we’re glad to have been part of the Company’s growth story.”
John Jastrem, chairman and chief executive officer of Callison, said, “Blue Point was a true partner who consistently supported the Company’s vision to be the global leader in providing creative design solutions to our world-class clients. During our partnership with Blue Point, Callison has succeeded in becoming the leading design firm serving the top global brands. We are a professional, collaborative firm with incredible talent and expertise in place, and we are well positioned to achieve our next phase of growth with our new owner.”
Blue Point Capital Partners (www.bluepointcapital.com) is a private equity firm managing over $800 million in committed capital. Leveraging fully staffed offices in Charlotte, Cleveland, Seattle and Shanghai, Blue Point’s entrenched regional presence affords it the opportunity to establish relationships on a local and regional basis with entrepreneurs and their trusted advisors, while simultaneously providing the resources of a large, international firm. Blue Point has a 24-year track record of partnering with companies in the lower middle market where it can bring about accelerated growth and transformative change in partnership with its companies, their management teams and Blue Point’s network of operating resources. Blue Point is one of only a few middle-market private equity firms with a presence in the economies of both the United States and China, and the firm’s experience with cross-border management and value drivers provides a distinct advantage for its portfolio businesses. Blue Point invests in manufacturing, distribution and service businesses generating $20 million to $200 million in revenue.