CannonDesign is acquiring and merging with Astorino, a Pittsburgh-based multidisciplinary firm in a deal that strengthens processes, assets, and opportunities for both firms. The merger increases collective capabilities, opens new markets, and enhances value for clients.
The firms cited their close alignment on values, vision, and culture as the foundation of the new relationship—both CannonDesign and Astorino place a premium on design solutions that address unique challenges faced by clients.
“Together, our talented professionals will pursue outcome-based design solutions that optimize our clients’ performance,” commented Gary Miller, Co-Chairman and CEO of CannonDesign. “This merger brings added value and opportunity to both organizations.”
The merger also extends CannonDesign’s presence in the markets Astorino currently serves and positions the firm to expand capabilities into industry innovations for project delivery offering increased choices for clients.
A Design-Led Design-Build division to be managed from the Pittsburgh office will advance innovative methods for project delivery. Louis P. Astorino, Jr., who spearheaded Astorino’s Design Led-Design Build practice group during the last decade, will lead this strategic growth initiative nationwide.
“CannonDesign is a recognized global leader, and we’ve partnered on projects in the past,” said Louis Astorino, Jr., CEO of Astorino. “We are compatible in culture, and complementary in talent, experience and capabilities. This is a superb opportunity for our team to work with CannonDesign’s professionals to expand and innovate.”
While strengthening the firm’s existing focus on healthcare, education, and corporate commercial markets, CannonDesign will gain access to Astorino’s breadth and depth of talent and experience in both standard architectural services as well as innovative processes in research, design, and construction. The firm also will gain access to a valued network of relationships in Pittsburgh and Abu Dhabi, vibrant regions with high growth potential.
Related Stories
| Sep 22, 2010
Michael Van Valkenburg Assoc. wins St. Louis Gateway Arch design competition
Landscape architect Michael Van Valkenburgh and a multidisciplinary team of experts in “urban renewal, preservation, commemoration, social connections and ecological restoration” have been picked for the planning phase of The City+The Arch+The River 2015 International Design Competition.
| Sep 22, 2010
Satellier, Potential + Semac close investment deal
Satellier, a world leader in providing CAD and Building Information Modeling (BIM) outsourced services to the architecture, engineering and construction industry, announces a strategic minority investment from India-based top engineering firm Potential + Semac, ushering in the next evolution of the global architecture support industry.
| Sep 21, 2010
New BOMA-Kingsley Report Shows Compression in Utilities and Total Operating Expenses
A new report from the Building Owners and Managers Association (BOMA) International and Kingsley Associates shows that property professionals are trimming building operating expenses to stay competitive in today’s challenging marketplace. The report, which analyzes data from BOMA International’s 2010 Experience Exchange Report® (EER), revealed a $0.09 (1.1 percent) decrease in total operating expenses for U.S. private-sector buildings during 2009.
| Sep 21, 2010
Forecast: Existing buildings to earn 50% of green building certifications
A new report from Pike Research forecasts that by 2020, nearly half the green building certifications will be for existing buildings—accounting for 25 billion sf. The study, “Green Building Certification Programs,” analyzed current market and regulatory conditions related to green building certification programs, and found that green building remain robust during the recession and that certifications for existing buildings are an increasing area of focus.
| Sep 21, 2010
Middough Inc. Celebrates its 60th Anniversary
Middough Inc., a top ranking U.S. architectural, engineering and management services company, announces the celebration of its 60th anniversary, says President and CEO, Ronald R. Ledin, PE.
