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Bernhard Capital-Backed Grace Hebert Curtis Acquires Bullock Tice Associates

Apr 05, 2023over 2 years ago

Acquiring Company

Grace Hebert Curtis

Acquired Company

Bullock Tice Associates

Health Care

Description

Grace Hebert Curtis ("GHC"), a leading architecture firm delivering innovative and functional projects for diverse market sectors, today announced it has acquired Bullock Tice Associates ("BTA"), a multi-generational, full-service architectural firm. Financial terms of the transaction were not disclosed.

Company Information

Company

Grace Hebert Curtis

About

Grace Hebert Curtis is a widely recognized architecture firm with locations in Baton Rouge, Dallas, New Orleans, and Lake Charles. With an unmatched legacy and commitment to clients, Grace Hebert Curtis provides in-depth insight and a broad range of innovative design and development solutions for a wide range of end markets, including education, commercial office, industrial, and healthcare. Learn more at https://ghc-arch.com/.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed