Date
Mar 2023
Region
Washington
We are pleased to share the sale of our client Caron Architecture LLC to AXIS/GFA Architecture + Design. The acquisition closed March 1, 2023.
Located in Seattle, Washington, Caron Architecture (Caron) is a full-service architecture firm that provides simple and elegant designs for a wide variety of national and international clients. Founded in 2002, Caron offers particular expertise in multi-family residential, hotel, and mixed-use/commercial architectural design, as well as pre-development and master planning technical services.
AXIS/GFA Architecture + Design, headquartered in San Francisco, California, and founded in 2001, AXIS/GFA Architecture + Design is an award-winning full-service international architecture and design firm with studios in San Francisco, Los Angeles and Seattle, and satellite offices in Las Vegas, Boston and Hawaii.
Although an all-industry firm, AXIS/GFA Architecture + Design offers particular expertise in hospitality design, hotel architecture, hospitality facility renovations, and multi-family residential architectural design.
The agreement will see Caron Architecture rebrand and become AXIS/GFA’s new Seattle studio. The acquisition is the latest milestone in AXIS/GFA’s ongoing growth and expansion along the West Coast, and further positions the firm as one of the most widely-practiced hotel and multi-family residential architectural design firms in the Western United States.
The integration of Caron to the AXIS/GFA brand extends AXIS/GFA’s reach into the Pacific Northwest. The acquisition of Caron’s Seattle studio effectively positions AXIS/GFA to now service clients across the entire Western United States and Hawaii.
In addition to increasing the firm’s geographic reach, the acquisition leverages Caron’s noted multi-family residential design expertise, supplementing the capabilities of AXIS/GFA’s well-established and award-winning hospitality and multi-family design practices.
“I’m very excited about this opportunity,” states AXIS/GFA Founding Principal Architect and CEO Cory Creath. “Caron complements AXIS/GFA’s strategic plans in a number of ways. Considering their core expertise, adding their studio to our firm increases the capabilities and competitiveness of our multi-family residential practice. Given their location, Caron immediately adds an established presence for AXIS/GFA in the Pacific Northwest.”
In addition to enjoying complementary strengths by way of their practice expertise, AXIS/GFA and Caron also enrich each other through their shared belief in client success through trusted relationships.
“I’ve always been proud of how Caron distinguished ourselves by striving to be our clients’ greatest advocate,” states Radim Blazej, Founding Principal Architect at Caron Architecture. “Seeing now how AXIS/GFA embraces a similar culture as ours, I’m confident this partnership is set for success.”
Radim Blazej will continue to lead the team in Seattle as AXIS/GFA’s new Principal and local Studio Director.
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Senior M&A Advisor, Paul Hajek, with support from Managing Director - M&A, Chad Comroe, successfully closed the deal. Executive Managing Director and Group Leader Randy Kamin established the initial relationship with Caron.
“This strategic acquisition will give AXIS/GFA a firm hold in the Greater Seattle market where Caron has been successfully operating for over two decades. The acquisition process was very smooth with both parties sharing the excitement of what the future holds,” said Hajek.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Engineering, Contracting & Construction M&A Deals page.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
DealForce, LLC’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables DealForce to serve you more efficiently and makes it more convenient for you to do business with Generational Group. DealForce is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Group.