MERGERS & ACQUISITIONS
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Irvine-based KTGY Group merges with CAX Architects
The deal is expected to boost the local firm's East Coast, national presence.
By Jenna SweeneyPublished: October 26, 2010 02:02 PM
Irvine-based KTGY Group Inc. has joined forces with Virginia-based CAX Architects in an effort to strengthen its presence across the nation.
Since 1991, the architecture and planning firm has designed residential, hospitality and retail spaces throughout California, as well as Denver, Las Vegas, Phoenix and Salt Lake City. The merger with CAX, which is headquartered in Tysons Corner, expands KTGY's service to metro Washington, D.C., Boston, the New York and New Jersey metro areas, and the Carolinas.
“With offices on both coasts, we can become a one-ship local solution for our clients,” said Stan Branden, chairman of KTGY's board of directors.
KTGY officials expect the new East Coast opportunities to further the company's potential.
“This merger greatly strengthens KTGY’s national presence,” said Triccia Esser, CEO of the company. “The combined firms will provide coast-to-coast services to clients in single-family, multi-family, senior communities, student housing, military housing and mixed-use markets.”
CAX Principal Rohit Anand will manage the Tysons Corner office. Anand holds 25 years of experience in the industry.
“We have always admired KTGY’s creative work and reputation for establishing industry trends,” said Anand. “With our colleagues on the West Coast, we can now share vital insights on design and planning trends. Our aim always is to help local and national clients position products and communities ahead of their competition.”
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Since 1991, the architecture and planning firm has designed residential, hospitality and retail spaces throughout California, as well as Denver, Las Vegas, Phoenix and Salt Lake City. The merger with CAX, which is headquartered in Tysons Corner, expands KTGY's service to metro Washington, D.C., Boston, the New York and New Jersey metro areas, and the Carolinas. “With offices on both coasts, we can become a one-ship local solution for our clients,” said Stan Branden, chairman of KTGY's board of directors. KTGY officials expect the new East Coast opportunities to further the company's potential. “This merger greatly strengthens KTGY’s national presence,” said Triccia Esser, CEO of the company. “The combined firms will provide coast-to-coast services to clients in single-family, multi-family, senior communities, student housing, military housing and mixed-use markets.” CAX Principal Rohit Anand will manage the Tysons Corner office. Anand holds 25 years of experience in the industry. “We have always admired KTGY’s creative work and reputation for establishing industry trends,” said Anand. “With our colleagues on the West Coast, we can now share vital insights on design and planning trends. Our aim always is to help local and national clients position products and communities ahead of their competition.” Related headlines AutoTrader.com buys Kelley Blue Book Irvine’s FlexEnergy acquires Energy Systems from Ingersoll Rand Two billionaire investors take interest in Irvine’s BlueCava |
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