Michael Graves Architecture acquires NJ peer

Jessica Perry//October 12, 2022

Michael Graves Architecture acquires NJ peer

Jessica Perry//October 12, 2022

Princeton’s Michael Graves Architecture is making gains on its long-term strategic growth plan with the acquisition of Jose Carballo Architectural Group, its second in 2022.

MGA announced the addition of the Hackensack-based architecture firm Oct. 12. Financial terms of the deal were not disclosed.

Earlier this year, MGA expanded its reach in the Mid-Atlantic Region with the acquisition of Maryland-based planning, architecture and interior design firm Waldon Studio Architects.

“When evaluating this acquisition, we knew our two firms would work well together. We were already collaborating with Jose on three projects, and our teams demonstrated our shared core values by operating as one team to serve our client,” MG President and Chief Executive Officer Joe Furey said in a statement. “Our teams not only complement each other in terms of our design approach and deep market sector knowledge, but also through our common values, particularly when it comes to our devotion to innovation, commitment to quality, and unwavering client service.”

Furey will oversee the ongoing integration of the companies. According to MG’s announcement, the addition of JCAG will particularly strengthen its expertise in the multifamily residential sector.

JCAG Founder and Principal Jose Carballo will serve as principal under the new structure in addition to heading the firm’s multifamily sector in the Tri-State area. That company’s employees will be “thoughtfully incorporated into the company’s organization makeup in key roles,” MG said.

“I see significant growth ahead as we join with Michael Graves, allowing a bright future for my talented team, much in the way that Michael Graves paved the way for the continued success of his firm,” Carballo said. “At JCAG, we pride ourselves on developing lasting relationships and delivering high quality work for our clients, many of whom are repeats. … We’re excited to work together to grow the Michael Graves brand and present new and existing clients with excellent service and innovative design solutions.”

Looking ahead, Furey will also continue MG’s acquisition strategy. The company plans to develop and diversify its expertise, expand its physical presence and continue the legacy of its founder, the late Michael Graves.

“The future of our company is not as a corporate bureaucracy,” he said in a statement. “We will grow the company in scale, and in doing so, maintain the boutique feel our clients are accustomed to as we integrate the firms and continue to deliver creative solutions and extraordinary customer service.”