Blue Point Capital Partners has reached an agreement to sell its portfolio company, Callison, LLC, an architecture and interior design firm, to ARCADIS NV. The transaction is expected to close in the third quarter of 2014.
Callison is an architecture and interior design firm with a specialization in retail design and mixed-use development. Customers include retail brands, developers, and corporate clients including Nordstrom, Cole Haan, JCPenney, Zara, Williams-Sonoma, and IKEA. Callison was founded in 1975 and has offices in the United States, China, Europe, the Middle East, and Mexico. The company has more than 1,000 employees and is headquartered in Seattle (www.Callison.com).
Harris Williams & Co. (www.harriswilliams.com) is acting as the exclusive financial advisor to Callison. The transaction is being led by John Neuner of Harris Williams & Co.’s Richmond office and Todd Morris, Matt Conaty, and Zach England of Harris Williams & Co.’s San Francisco office.
“By leveraging Callison’s capabilities with those of our other top of class expertise companies within ARCADIS, we are creating a true leadership position in high end design and architecture,” said Neil McArthur, CEO of ARCADIS. “We will have the undisputed #1 position in retail globally, a strong leadership position in mixed-use/commercial and the clear #1 international design and architecture position in China.”
ARCADIS is a provider of design, consultancy, engineering, project and management services. The company has more than 22,000 employees and generates €2.5 billion in annual revenues. ARCADIS is headquartered in Amsterdam (www.arcadis-us.com).
2014 PEPD • Private Equity’s Leading News Magazine • 8-21-14