Moseley Architects extends reach southward with acquisition
Courtesy of Moseley Architects)
Having tested out the waters there over the past year, a Richmond-based architecture firm is taking a bigger bite out of the South Carolina coast with an acquisition of a frequent collaborator.
Moseley Architects, headquartered in Scott’s Addition, is purchasing Cummings & McCrady, a Charleston-based architecture and engineering firm that it’s worked with on projects since before it set up an outpost there in February.
The non-cash deal is set to close Dec. 31. Terms were not disclosed.
Moseley, which had been operating in Charleston out of a coworking space, will take Cummings & McCrady’s office at 44-D Markfield Drive as its 11th office location. All of Cummings & McCrady’s six employees will come over in the deal, including Principal Ben Whitener, who will become a shareholder with Moseley.
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Moseley Architects and Cummings & McCrady Announce Merger
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CHARLESTON, S.C., Dec. 17, 2020 /PRNewswire/ Moseley Architects announced plans to merge with Charleston-based architecture firm Cummings & McCrady. The agreement will unite one of the Mid-Atlantic s highest ranking architecture and engineering firms with one of the Southeast s oldest architecture firms.
Cummings & McCrady s strong ties in the region have been forged over many decades. The firm formed in 1957 through a merger of Charleston s largest architectural firm and its oldest engineering firm. Cummings & McCrady currently provides architecture services with a concentration in education, civic and historic preservation.