LOUISVILLE — Healthcare market focused Stengel Hill Architecture of Louisville and Lexington has acquired Mason Blau & Associates of Clearwater, Fla., a 30-year-old full-service architecture firm providing solutions for the healthcare and government infrastructure markets.
SHA was founded in 1996 by Bradford (Brad) Stengel and Charles (Chip) Hill, whose combined experience in the design of complex institutional, healthcare, and educational facilities totals more than 60 years. SHA is a full service architectural and interior design firm with offices in Kentucky, Tennessee and California and is licensed to practice architecture in 46 states and the District of Columbia. For more information, please visit the Stengel Hill Architecture website at www.stengelhill.com.
The acquisition was announced by SHA parent, Godspeed Capital Management LP, a Washington, D.C., private equity firm focused on defense and government services and technology. This transaction marks the second addition to SHA’s growing platform, and strategically expands its geographic footprint and key customer relationships within Florida’s important AEC services market.
Mason Blau & Associates was established in 1994 in Clearwater by seasoned architects Michael R. Mason and Robert H. Blau. The firm has designed and administered millions of square feet of construction throughout Florida and the U.S. It has a deep pipeline of future projects. Following the transaction, MBA’s leadership team will remain involved with the business.
“We are excited to extend SHA’s footprint within the fast-growing Florida AEC services market with this highly strategic acquisition,” said Jake Sliman, principal at Godspeed Capital. “MBA’s addition to the SHA platform will meaningfully expand its capabilities and project pipeline as it continues to grow into the leading AEC services platform for critical healthcare, government, and infrastructure customers.”
PSMJ Resources Inc. served as the exclusive financial advisor to MBA and Bush Ross acted as legal advisor. Latham & Watkins LLP acted as legal advisor to Godspeed Capital.
Godspeed Capital likes to invest alongside forward-thinking management teams that seek an experienced and innovative investment partner with unique sector expertise, operational insight, and flexible capital for growth. While typical investments involve companies generating approximately $3 million to $30 million of EBITDA, Godspeed Capital has support to complete larger transactions through strategic co-invest relationships. The firm focuses on control buyouts, buy-and-builds, corporate carve-outs, and special situations. For more information, please visit the Godspeed Capital website at www.godspeedcm.com.
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