DESIGN, ENGINEERING TECH
PR Newswire | May 26, 2023
Harvard Jolly Architecture, a Florida-based, full-service architectural firm specializing in educational, municipal, and healthcare facilities, announced today a new partnership with PBK, a nationally-acclaimed architectural planning and design firm.
The joint capabilities of PBK and Harvard Jolly will allow the firm to meet the needs of a growing client base in the region by leveraging both the national exposure, experience, and evidence-based design practices of PBK and the regionally-concentrated programming, design and construction administration services of Harvard Jolly.
"Harvard Jolly is an amazingly impressive firm that has been a leader in the Florida architecture space for decades," said Dan Boggio, Executive Chairman of PBK. "We share an unwavering dedication to exceptional client service and a commitment to creating designs that prioritize end-user performance. The combined experience and expertise of Harvard Jolly and PBK will benefit both practices while enhancing our architectural planning and design services nationally."
The newly formed partnership has seven Florida offices in St. Petersburg, West Palm Beach, Orlando, Tampa, Sarasota, Fort Myers, and Jacksonville. Ward Friszolowski, Rene Tercilla, Steve Johnson, Phil Trezza and the entire Harvard Jolly leadership team will continue to lead the firm's regional operation.
"Our partnership is built on a unified mission of using our shared capabilities to provide the best facilities across all practice disciplines, including K-12, higher education, sports and recreation, civic and healthcare projects." said Ward Friszolowski, President of Harvard Jolly. "The unparalleled team of professionals at Harvard Jolly and PBK will help us realize that mission while going above and beyond for our clients."
PBK and Harvard Jolly's combined team of experts will meet architectural design needs in the K-12 and higher education sector as Florida's population continues to grow, as the state has rapidly become a leading destination for families. Moreover, with the southeastern U.S. serving as a hub for numerous sports teams and facilities, the PBK and Harvard Jolly team will also meet needs in the sports/events sector.
"Florida is no longer a retirement state. Hundreds of thousands of people at every stage of life are moving to the Sunshine State each year," said Roy Montalbano, President of PBK. "As PBK continues to expand into new regions and markets, we are committed to using our expertise and knowledge to enrich the lives of countless people by improving the spaces they occupy."
The partnership represents a significant development for PBK's continued growth nationally. PBK's national strategy of targeted partnerships – including in the southeastern U.S. – has expanded the firm's presence into new regions and markets as a leader in architectural planning and design.
For over four decades, PBK has served as an award-winning pioneer for architectural and engineering design solutions for clients in education, sports, and corporate business. With more than 800 professionals across 27 offices, the firm embraces a unique business culture that prioritizes customer service and approaches each project without preconceived notions to deliver custom solutions that effectively address the unique needs of each client. For more information: pbk.com.
About Harvard Jolly Architecture
For more than 85 years, Harvard Jolly has been consistently ranked among the top design firms in the Southeast and is one of the largest architecture firms in Florida. Harvard Jolly is a client relationship- driven business well-versed in local building requirements and regulations. As the firm enters its ninth decade, Harvard Jolly remains true to its founding tenets: "Be completely devoted to the client. Give them what they are supposed to get: attention, unique design and quality of construction." For more information: harvardjolly.com.
Businesswire | May 23, 2023
Bowman Consulting Group Ltd., today announced the purchase of Hole Montes, Inc., an engineering services firm offering an extensive portfolio of infrastructure planning services from offices in Naples, FL and Fort Myers, FL. Founded in 1966, the firm has a storied history as one of the most trusted, reliable, and entrenched full-service engineering firms in Southwest Florida. Today, Hole Montes provides comprehensive design, survey, GIS, and construction management expertise to customers focused on environmental engineering, transportation infrastructure, airport facilities, storm water and wastewater systems, land planning, landscape architecture, and more. Hole Montes has a workforce of 65 professionals, all of whom will join Bowman in connection with the acquisition.
“Hole Montes is a well-respected firm with a long-established presence in Southwest Florida,” said Gary Bowman, CEO of Bowman. “They possess expertise and client relationships that complement ours and will benefit from our national platform. Most importantly, their culture aligns seamlessly with ours which will enable immediate work-sharing and collaboration. We expect to recognize meaningful revenue synergies over time from this combination while also optimizing our collective utilization based on similar customer engagements and core capabilities.”
“Working with Bowman during the diligence and pre-integration period has given us tremendous comfort that this is the right next step for our leadership, our employees and our customers,” said Bob Mulhere, CEO of Hole Montes. ”Bowman’s professional development programs and national platform provide growth and expansion opportunities for our people which makes this a very attractive opportunity for all of us at Hole Montes. We’re excited to accelerate our growth and to contribute our expertise to Bowman’s portfolio of services.”
Financed with a combination of cash, seller notes, and equity, the acquisition falls within previously discussed target multiple and operating metric ranges and is expected to be immediately accretive. The Company anticipates the acquisition will initially contribute approximately $7 million of annualized net service billing. More detailed information on M&A activities, pipeline, and guidance updates are provided in connection with scheduled quarterly and annual communications.
About Bowman Consulting Group Ltd.
Headquartered in Reston, Virginia, Bowman is an engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment. With over 1,700 employees and more than 75 offices throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN.
About Hole Montes Inc.
Since 1966, Hole Montes, Inc. has held fast to the business philosophy of being one of the most trusted and reliable full-service engineering firms in Southwest Florida. With full-service civil engineering offices in Naples and Fort Myers, Hole Montes is strategically positioned to provide the design and management expertise necessary to achieve success for any project. From environmental engineering, land planning, permitting, zoning, storm water management design, airport design, transportation design to surveying and mapping, Hole Montes project managers are experienced professionals who have the expertise, training, and availability to assist in achieving a successful conclusion to any project. For more information on Hole Montes Inc., their projects, and services, visit http://www.holemontes.com.
Globenewswire | May 22, 2023
ReliaQuest, a force multiplier of security operations, announced the acquisition of agent software assets and the associated engineering team from EclecticIQ.
This acquisition will add both speed and capability to GreyMatter’s rapidly growing list of bilateral integrations for greater automation of detection, investigation, and response. With more than 80 integrations today, this will not only enhance the capability of the current integrations but allow ReliaQuest to rapidly grow new integrations, quickly responding to new and emerging technologies.
“We know how important it is that security teams can access actionable data quickly so they can help drive outcomes for their business,” said Brian Murphy, ReliaQuest founder and CEO. “When combined with our recently announced generative AI capability within GreyMatter Intelligent Analysis, these new agent assets will allow ReliaQuest customers to drastically reduce their mean time to resolve security incidents from hours to minutes.”
Founded in 2014 with headquarters in the Netherlands, privately held EclecticIQ is a leading European cybersecurity vendor operating globally. The company has recently been named as one of 10 ‘European defense tech start-ups to watch’ by the European VC community.
“EclecticIQ empowers security teams with innovative technology to unlock the full potential of Cyber Threat Intelligence, fortifying defences and proactively mitigating risks. Like ReliaQuest, we believe strongly in open and extendable technologies. Entering into this agreement with ReliaQuest allows more organizations to benefit from the powerful agent technology we’ve built,” said Joep Gommers, founder and CEO of EclecticIQ.
ReliaQuest is the force multiplier of security operations. Our security operations platform, GreyMatter, automates detection, investigation and response across cloud, endpoint, and on-premises tools and applications. GreyMatter is cloud native, built on an open XDR architecture and delivered as a service any time of the day, anywhere in the world. With over 700 customers worldwide and 1,000 teammates working across six global operating centers, ReliaQuest is driving outcomes for the most trusted enterprise brands in the world. We exist to make security possible. ReliaQuest is a private company headquartered in Tampa, Fla., with multiple global locations.