Having taken notice of the multiple mergers, acquisitions and new partnerships CannonDesign has executed over the past nine months, the St. Louis Business Journal has published a new piece focused on the firm’s growth and potential in St. Louis. The article focuses on how these moves grow CannonDesign’s portfolio, market expertise, service capabilities, talent roster, and geographic presence, and what this all means for how the firm can service clients in St. Louis and the midwest moving forward.
On CannonDesign’s mergers, acquisitions and partnerships
Since November, CannonDesign has merged with or acquired four firms across the country. Though none of the M&A activity occurred locally, leaders of the architecture firm’s St. Louis office are projecting to grow 10 to 15 percent, by both employee count and revenue due to the presence in more cities and expertise. Local acquisitions or mergers also could be on deck in the near future, they hinted.
“We’ve created a much wider network, and we now have a local presence in more cities to where we can go after work in a much more robust way,” Bergmann said.
On pediatric health expertise
With FKP in its fold, CannonDesign now has the largest portfolio of pediatric healthcare design work in the U.S. and has eight of the top 10 children’s hospitals as clients, Petzoldt said, building on the St. Louis office’s existing expertise in healthcare.
On potential for technology work
But top-of-mind is the potential for work in the tech scene. Assembly Design has done work for Uber and Pinterest and Polzin said they hope to leverage their expertise in St. Louis’s growing tech industry.