Milrose Consultants Strengthens Its Position with a New Acquisition
In a move that is set to reshape its capabilities, Milrose Consultants, a prominent national regulatory consulting and compliance firm, has acquired Borne Consulting, an architectural engineering firm that excels in building envelope solutions. This strategic acquisition marks a significant step for Milrose, a company dedicated to transforming the built environment.
About Borne Consulting
Borne Consulting has established itself as a leader in the field, renowned for its high-quality technical expertise and innovative solutions tailored to the complex challenges of building rehabilitation. The firm specializes in various aspects of construction, including façades, roofing, balconies, and below-grade waterproofing. Borne's comprehensive service offerings encompass condition assessments, construction documentation, permitting support, and capital asset planning, ensuring that clients receive thorough support throughout their projects.
Enhancing Milrose’s Reach and Expertise
This acquisition not only extends Milrose's architectural and engineering capabilities but also significantly bolsters its footprint in the Bay Area. The inclusion of Borne's specialized expertise in envelope consulting and restoration services allows Milrose to tackle more complex rehabilitation projects, particularly those demanding a nuanced understanding of local regulations and building standards. Borne’s well-established relationships in the region are anticipated to enhance Milrose's service delivery and client support.
Perspectives from Leadership
Cade D. Osborne, Founder and Principal of Borne Consulting, expressed his excitement about the acquisition, stating, "Joining forces with Milrose Consultants represents a significant opportunity for us. Their robust national platform and dedication to quality enable us to broaden our impact, providing innovative solutions to building owners and managers nationwide."
Milrose’s CEO Comments on the Acquisition
Dominic Maurillo, the CEO of Milrose Consultants, also highlighted the strategic benefits of the acquisition, noting, "Cade's extensive technical knowledge and unwavering focus on clients align seamlessly with Milrose's mission. This integration not only enriches our architectural engineering expertise but also expands our capacity to deliver exceptional envelope consulting services in the Bay Area, ensuring our clients are well supported in their projects."
Commitment to Growth and Excellence
Chris Grambling, a Partner at Southfield, remarked, "Adding Borne to the Milrose family underscores our commitment to growing our national footprint while deepening the expertise we provide to our clients. We are keen to collaborate with Cade and leverage his knowledge to enhance Milrose's offerings further and improve our presence in the Bay Area."
About Milrose Consultants
Milrose Consultants has become a leading name in the realm of building code consulting and municipal expediting, operating from its headquarters in New York City with a national presence. The firm is known for its comprehensive range of building compliance services which include obtaining permits, zoning and code compliance, regulatory filings, as well as conducting special and façade inspections. Milrose serves diverse industries, catering to commercial and multi-family residential sectors, retail, industrial, healthcare, and educational institutions.
About Southfield Capital
Southfield Capital is dedicated to investment in high-growth lower middle market businesses within the business services sector. The firm seeks to partner with companies demonstrating strong potential for growth, targeting those with earnings between $4 million to $20 million in EBITDA. Through collaboration with management teams, Southfield aims to foster growth via organic initiatives and strategic acquisitions, thereby enhancing value for stakeholders.
Frequently Asked Questions
What does Milrose Consultants do?
Milrose Consultants offers regulatory consulting and compliance services in the built environment, focusing on building code consulting and municipal expediting.
Who is Borne Consulting?
Borne Consulting is an architectural engineering firm that specializes in building envelope solutions, including façades, roofing, and waterproofing.
What is the significance of this acquisition?
The acquisition allows Milrose to expand its technical capabilities and service offerings, particularly in the Bay Area, improving support for rehabilitation projects.
How does Borne Consulting enhance Milrose’s services?
Borne adds specialized expertise in envelope consulting and restoration, which complements Milrose's existing services and improves project execution.
What are the future plans for Milrose after this acquisition?
Milrose plans to integrate Borne's services to enhance its portfolio and strengthen its market presence, with a focus on providing exceptional service to its clients.
