SC&H Capital, a leading investment bank specializing in M&A advisory for middle-market companies, is pleased to announce that its client, Clark Nexsen, has been acquired by Johnson, Mirmiran & Thompson (“JMT”). The transaction marks a significant milestone in the long history of Clark Nexsen and allows the two firms to expand their geographic reach and scope of architecture and engineering capabilities.
Founded in 1920, Clark Nexsen, ranked #50 among Building Design+Construction’s rankings of the nation’s largest architecture firms and #255 among the Engineering News-Record Top 500 Design Firms, is a 320-person full-service, multidisciplinary architecture and engineering firm headquartered in Virginia Beach, Virginia. The firm currently operates nine offices across Virginia, North Carolina, Georgia, and Tennessee. JMT, ranked #50 among the Engineering News-Record Top 500 Design Firms, is a 2,400-person employee-owned engineering firm based in Hunt Valley, Maryland with over 50 offices across the country.
“SC&H Capital provided tremendous value to Clark Nexsen as our advisor throughout this process. They took the time to understand our shareholders’ objectives and vision for the future of Clark Nexsen and executed a process that resulted in finding the right partner for the next step in our journey” said Terri Hall, President of Clark Nexsen. “We are thrilled to be joining JMT and are thankful for the invaluable advice, industry insight, and unwavering commitment from the SC&H Capital team along the way. We are confident that this partnership will provide tremendous opportunities for our shareholders, employees, and clients.”
“We were honored to advise the Clark Nexsen team on this important transaction,” said Greg Hogan, Managing Director at SC&H Capital. “Clark Nexsen’s long-standing reputation for high quality work, multidisciplinary expertise, and its commitment to excellence make it an ideal partner for JMT. We are proud to have helped identify a strong cultural and strategic fit for the Clark Nexsen team and we look forward to their continued success in this next chapter.”
The transaction was led by Greg Hogan and Matthew Everett at SC&H Capital. Drake Nicholas and Alexander Puskar of Barley Snyder served as legal counsel to the company. Terms of the transaction were not disclosed.
About SC&H Capital
SC&H Capital is an investment banking and advisory firm specializing in mergers and acquisitions (M&A), employee stock ownership plans (ESOP), distressed M&A, capital raises, financial restructurings, and business valuations for middle-market companies nationally. SC&H Capital delivers services across numerous industries including technology, healthcare, manufacturing, consumer, business and professional services, and government contracting. We are recognized for delivering relevant market insights and tailored solutions to help owners achieve their true strategic value. To learn more, visit www.schcapital.com.
