Two recent deals point to a growing number of mergers and acquisitions among design firms.
At the start of this month, two significant deals combining design firms were announced within days of each other. On March 4, Perkins+Will (P+W) and The Freelon Group—the Research Triangle Park (RTP), North Carolina, firm headed by Phil Freelon—said they would merge. The day before, Shanghai Xian Dai Architectural Design Group unveiled its acquisition of Wilson Associates, a 400-person interior design firm with headquarters in Dallas and offices around the world.
