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Nelson and Synterra Agree to H2L2 Infrastructure Business Transfer - Divesting bridge and transportation projects will keep NELSON’S focus on its architecture and design core business, and this acquisition will increase SYNTERRA’S footprint in the expanding infrastructure market - SynterraLtd.com / NelsonOnline.com
Nelson and Synterra Agree to H2L2 Infrastructure Business Transfer

 

PRZOOM - /newswire/ - Philadelphia, PA, United States, 2013/08/20 - Divesting bridge and transportation projects will keep NELSON’S focus on its architecture and design core business, and this acquisition will increase SYNTERRA’S footprint in the expanding infrastructure market - SynterraLtd.com / NelsonOnline.com.

   
 
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NELSON, a global interior design, architecture, engineering, strategies, workplace services and information services firm, has reached an agreement to have SYNTERRA, a site/landscape architecture, construction management, real estate and hotel development firm, acquire its Infrastructure business. Specific terms of the transaction were not disclosed.

NELSON acquired its Infrastructure practice area as part of its October 2012 merger with H2L2, one of the few architectural design firms to remain in continuous operation in the United States for more than 100 years. H2L2’s notable infrastructure portfolio includes the extraordinary Hoover Dam Bypass Bridge, the award-winning Fredrick Douglass-Susan B. Anthony Memorial Bridge, the San Francisco-Oakland Bridge, the Palm-Jumeirah Gateway Bridge in Dubai and one of the firm’s first projects Philadelphia’s renowned Benjamin Franklin Bridge. As part of the sale, Synterra will retain all rights to the full NELSON H2L2 Infrastructure portfolio.

Among the NELSON H2L2 strengths are extensive core and shell architecture capabilities and a well-known global Academic practice with an ongoing reputation for solutions that produce inspiring results. “In what is now the NELSON H2L2 Academic portfolio, we have served more than 100 institutions worldwide in 45 countries,” said John “Ozzie” Nelson Jr., President and CEO of NELSON. “This transfer will allow us to focus additional attention on building the Academic and core and shell portions of our business, which align most closely with NELSON’s existing architecture, interiors, engineering, planning and consulting services. At the same time, it puts the valuable Infrastructure business in the capable hands of a firm that can fully capitalize on its potential.”

“Infrastructure represents a tremendous growth opportunity for our firm,” according to William L. Wilson, CEO of Synterra Ltd/Synterra Partners. “Acquiring this impressive portfolio will not only complement our existing internationally recognized landscaping architecture, urban design and recreational planning business but will also provide the opportunity to establish our position as an industry leader in the design and construction of bridges and related infrastructure projects.”

Effective August 1, 2013, the new company will be called Synterra/H2L2 Infrastructure, LLC.

NELSON (nelsononline.com), currently celebrating its 35th Anniversary, was formed in 1977 as an interior design firm. Since that time, the company has grown to an integrated services firm offering a full range of architecture, design, engineering and strategic services. With more than 400 Teammates in 32 locations around the world and strong experience in a broad range of industries, NELSON works with more than 20 percent of companies in the Fortune 100 and is nationally ranked as the #5 firm specializing in Corporate / Office Design on Interior Design Magazine’s Top 100 Giants list. The firm also specializes in master planning and advisory services, legal workspaces, the financial industry, advertising/media firms, retail design, academic spaces and multi-family housing. For more information, visit nelsononline.com.

SYNTERRA (synterraltd.com | synterrapartners.com), founded by William L. Wilson, Synterra Ltd, a site/landscape architecture and construction management firm (1972) and Synterra Partners a real estate and hotel development firm (1995) are at the forefront of some of the most exciting projects in the City of Philadelphia. The Synterra brand, synonymous with quality, innovation and exceptional results, includes the following projects in its portfolio: Citizen Bank and Lincoln Financial Field stadiums; Vine Street Expressway; Temple University’s Liacouras Center; The Philadelphia Navy Yard; The Philadelphia Marriott Convention Center Hotel and The Philadelphia Convention Center.

 
 
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Nelson and Synterra Agree to H2L2 Infrastructure Business Transfer

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