Princeton-based Michael Graves Architecture recently acquired Jose Carballo Architectural Group of Hackensack. Following the acquisition of Maryland-based planning, architecture and interior design firm Waldon Studio Architects earlier this year, this new acquisition is a key part of a long-term strategic growth plan for MG.
The acquisition of JCAG will add the distinct strengths of the firm to this already-robust foundation and continue to cultivate shared knowledge across design sectors, further revitalizing the late Michael Graves’ enduring legacy of creativity and innovation.
“When evaluating this acquisition, we knew our two firms would work well together. We were already collaborating with Jose on three projects, and our teams demonstrated our shared core values by operating as one team to serve our client,” Joe Furey, CEO and president of MG, stated. “Our teams not only complement each other in terms of our design approach and deep market sector knowledge, but also through our common values, particularly when it comes to our devotion to innovation, commitment to quality and unwavering client service.”
This potent combination of brand recognition, aligned values and deep relationships is part of the continuation of an exciting new chapter for MG that simultaneously honors the firm’s established heritage.
This latest acquisition will allow the firm to continue strengthening its expertise, particularly in the multifamily residential sector.
Under the new company structure, JCAG founder and Principal Jose Carballo will serve as principal, as well as head of the firm’s multifamily sector in the tri-state area. Additionally, JCAG employees will be thoughtfully incorporated into the company’s organizational makeup in key roles.
Furey will oversee the ongoing integration and continued future acquisition strategy as part of MG’s forward-looking strategic plan.
“The future of our company is not as a corporate bureaucracy. We will grow the company in scale, and, in doing so, maintain the boutique feel our clients are accustomed to as we integrate the firms and continue to deliver creative solutions and extraordinary customer service,” Furey noted.