“WBA and WBI are strong brands with specialized expertise in markets that are complementary to our business,” said Ozzie Nelson, Jr., Chairman and CEO of both NELSON and NWH.
ATLANTA (PRWEB) November 27, 2017
NWH, the Minneapolis-based holding company of renowned design firm NELSON, is continuing on its growth path with its largest acquisition to date and has announced its intention to merge operations with Wakefield Beasley & Associates (WBA) and WB Interiors (WBI).
On the heels of six acquisitions earlier this year, the consolidation of WBA – which is ranked third on Atlanta Business Chronicle’s Top Architecture firms list– with NELSON and WBI – which are ranked third and eighth respectively, in the ABC Top Commercial Interior Firms – will create one of the nation’s largest design firms in the region. The firm has grown 150% in the last five years, and with WBA and WBI, NELSON will add nearly 200 employees to its regional team.
Founded in 1980, WBA offers architectural design services to more than nineteen private and public sector markets. WB Interiors was founded in 1985 to serve as WBA’s interiors partner and has since grown the business to serve clients in more than a dozen separate markets in the southeast and nationally.
By offering architectural and interior design services to a diverse and loyal client base, WBA and WBI have grown their combined professional portfolio and expanded regionally, with offices in Jacksonville, FL, Orlando, FL, Dallas, TX and Charleston, SC.
“WBA and WBI are strong brands with specialized expertise in markets that are complementary to our business,” said Ozzie Nelson, Jr., Chairman and CEO of both NELSON and NWH. “This strategic merger will take NELSON to the next level in architecture and add manpower and bench strength to our well-established interiors practice. As a combined business, we can increase our capacity to provide client-based and experience driven integrated design services throughout the Southeast and nationally.”
“Culturally, our companies align perfectly,” says Lamar Wakefield, CEO of Wakefield Beasley & Associates and Vice President of WB Interiors. “We both prioritize relationships with our clients to deliver positive outcomes. With NELSON’s resources and national footprint, together, we have a tremendous opportunity to expand into new markets and better serve our clients.”
The combined firm will employ nearly 900, with more than 350 sitting in NELSON’s Southeast Region. The firm expects to exceed $160 Million in revenue in 2018, with an unprecedented percentage of revenue from mid-and high-rise architecture.
NWH is the Minneapolis-based holding company of a trio of A/E/I brands dedicated to providing a full menu of professional services to corporations and institutions across the globe. With locations in major metropolitan areas throughout the US, the company employs nearly 600 professionals. NWH brands have the combined resources to deliver all of your design, engineering and consulting needs. For more information, visit http://www.nwh.global.
NELSON is a global architecture, design, engineering, and consulting services firm with Teammates in 35 locations around the world and strong experience in a broad range of industries. NELSON works with more than 20 percent of companies in the Fortune 100. NELSON is ranked in the top 10 of Interior Design Magazine’s “100 Design Giants” list. As ranked by Building Design + Construction, NELSON is among the top three firms specializing in workplace interior design, and in the top 20 for office architecture and design. For more information, visit NELSONonline.com.