Grace Design Studios Expands Its Healthcare Footprint
Grace Design Studios, a prominent player in the architecture, engineering, and consulting arena, has successfully acquired CRGA Design, a firm recognized for its expertise in healthcare facility design. This strategic move significantly enhances Grace's capabilities while strengthening its presence across various regions.
About the Acquisition
CRGA Design has built a solid reputation since its inception in 1982. With its primary focus on healthcare, it has developed comprehensive designs catering to a wide range of facilities, including hospitals, outpatient services, and senior care environments. The acquisition of CRGA represents Grace’s eighth strategic growth initiative under Bernhard Capital Partners, amplifying its strengths in the mid-Atlantic market.
Company Leadership and Vision
As part of this transition, CRGA Design will operate under the umbrella of Grace Design Studios. The firm's leadership, Sandy Goodman and Rolf Haarstad, will continue to guide the operations, ensuring a seamless integration that upholds their commitment to quality and innovative design. Jerry Hebert, the CEO of Grace, emphasized the importance of quality design in enhancing patient experiences within healthcare settings.
Strengthening Healthcare Design
The acquisition not only expands Grace’s offerings but also incorporates CRGA's innovative design philosophies, which prioritize the patient experience. Goodman noted that their goal remains focused on delivering environments conducive to healing, emphasizing the importance of strategic partnerships in achieving this vision.
The Promising Journey Ahead
Patrick Bernhard, Managing Director at Bernhard Capital, shared insights about the future trajectory, indicating how the maturity of technological advancements in medicine and healthcare can benefit from enhanced design solutions. The merger aims to elevate health outcomes while adapting to the evolving demands of the healthcare sector.
About Grace Design Studios
Grace Design Studios boasts a diverse portfolio serving national healthcare providers, educational institutions, and government sectors. With a robust workforce exceeding 400 staff members, Grace operates across 18 offices in various states. This growth reflects its ongoing commitment to its clients and its recognition among industry leaders, having earned a place among the top firms in the architecture and engineering sector.
Discovering CRGA Design's Legacy
CRGA Design’s dedication to crafting innovative healthcare spaces has positioned it as a leader in the industry. Its focus on sustainable design practices demonstrates a long-term commitment to environmental stewardship and community wellbeing.
Commitment to Innovation
Both Grace and CRGA share a vision for creating spaces that not only meet present healthcare demands but are also adaptive for the future. Combining their resources and expertise presents an exciting opportunity to address complex requirements in healthcare facility design.
About Bernhard Capital Partners
Founded in 2013, Bernhard Capital Partners stands as a leader in private equity management with a focus on services and infrastructure. With approximately $5 billion in assets under management, the firm aims to foster sustainable value through strategic investments in operational growth.
Frequently Asked Questions
What is the significance of the acquisition of CRGA Design?
The acquisition strengthens Grace Design Studios' healthcare design capabilities and expands its operational footprint.
Who will lead CRGA Design after the acquisition?
Sandy Goodman and Rolf Haarstad will continue to lead CRGA Design as part of Grace Design Studios.
What is the main focus of CRGA Design?
CRGA Design primarily specializes in healthcare facility design, addressing the needs of various healthcare environments.
How many offices does Grace Design Studios operate?
Grace Design Studios has 18 offices located in several states.
What does Bernhard Capital Partners specialize in?
Bernhard Capital Partners focuses on investing in services and infrastructure companies to drive sustainable growth and value creation.
