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CCG Completes Sale of STH Architectural to Leo A. Daly

March 1, 2009

Leo A. Daly and Schwab, Twitty & Hanser Architectural Group (STH), Inc. announced today that Leo A. Daly has acquired STH, a 42-person architectural and planning firm based in West Palm Beach, Fla. with an office in Tampa.  Leo A. Daly has 27 offices worldwide, including one in Miami.

Leo A. Daly Executive Vice President Charles Dalluge said, “We are aggressively pursuing new opportunities and STH’s business success and profitability make it a very attractive investment. STH’s emphasis on excellent architectural design, responsible project management, and strong client relationships mirrors our business philosophy, making this acquisition a good fit for both firms.”

STH is a strategic addition to Leo A. Daly’s plan to accelerate growth in its core business sectors in Florida and nationally. The firms’ parallel portfolios of science and technology, education, local government, hospitality, and mixed-use projects provide positive synergies for clients.

“We’ve been through many milestones in our history, and we see this partnership as another exciting opportunity. The combined team is good for employees, business, and clients,” said STH President Bill Hanser. Going forward, STH will conduct business as STH, a Leo A. Daly Company.

Established in 1968, Schwab, Twitty & Hanser (STH) is headquartered in West Palm Beach, Florida. Its portfolio includes commercial and retail, education, government, hospitality, religious, science/research and residential projects. STH’s planning and design accomplishments are based on its enduring emphasis on good architectural design and responsible project management. In 2003, STH was named Firm of the Year by the Palm Beach Chapter of the American Institute of Architects. Notable STH projects include:

Florida Atlantic University/Scripps Joint Use Research Facility, Jupiter, Florida
Motorola Facilities Expansion, Plantation, Florida
Embry Riddle Aeronautical University World Headquarters, Daytona Beach, Florida
Palm Beach County Vista Center Governmental Complex, West Palm Beach, Florida
Saint Andrew’s School Performing Arts Complex, Boca Raton, Florida

CCG Advisors (www.ccgadv.com) is an Atlanta-based merger and acquisition firm specializing in advising owners of privately held companies on business valuation, strategic growth planning, capital alternatives and exit strategies.  CCG represents business owners nationally and across all lines of industry in the sale, recapitalization or ESOP of their companies.  The referrals and goodwill of our clients are a testament to CCG’s record of building real and lasting client relationships.  CCG is committed to helping clients achieve their personal, financial and business goals at the right time for maximum value.


 

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