Arcadis NV (ENXTAM: ARCAD) is buying architecture firm Callison LLC from Blue Point Capital Partners.
Seattle-based Callison is a retail design and mixed-use development firm that has offices in the U.S., China, Europe, the Middle East and Mexico. The company's clients include Nordstrom (NYSE: JWN), Cole Haan, JCPenney (NYSE: JCP), Zara, Williams-Sonoma (NYSE: WSM) and Ikea. Terms of the deal were not disclosed.
Arcadis is an Amsterdam-based architecture design and consultancy firm. The company plans for Callison and subsidiary RTKL to create a global architecture company. The deal is expected to close in the fourth quarter.
Charlotte, North Carolina-based private equity firm Blue Point had been invested in Callison since 2006. The firm has about $800 million in committed capital. In May, Blue Point picked up Hilsinger Co. LP, an eyewear retailer, and before that, firm's portfolio company, LineStar Services Inc., bought Slaughter & Stanley Construction Inc.
John Neuner, Todd Morris and Matt Conaty from Harris Williams & Co. provided financial advice to Callison.
In another recent architecture firm transaction, Foster + Partners bought back full control on the firm from London private equity firm 3i Group plc in June.