May 23, 2017 (Newton, Mass) – PSMJ congratulates architecture and interior design firm Toker + Associates (Calgary, Alberta) on their successful sale to integrated design services firm Lemay (Montreal, Quebec). PSMJ’s Mergers & Acquisitions team initiated the transaction and provided financial advisory services for Toker + Associates.
Founded by Eric and Dedre Toker in 2003, Toker + Associates is Lemay’s key to unlocking markets in Western Canada and beyond. Lemay will also offer Toker’s loyal clients a wide range of complementary expertise such as urban planning and design, landscape architecture and more. Like Lemay, the Toker team has always emphasized sustainable development, innovation and a personalized approach to each client. It has numerous high-profile and repeat clients and an impressive history of cutting-edge projects.
“One of the most gratifying parts of our role in facilitating win-win mergers and acquisitions is working on a transaction where both sides are truly committed to long-term sustainable growth,” comments PSMJ’s Brad Wilson who led PSMJ’s efforts on this engagement. “Too many A/E/C firms enter into mergers and acquisitions without the right strategic alignment and plan to support the transaction. As a result, the expected value creation fails to materialize. I’m very confident that the Toker and Lemay teams have the right alignment and plan to look back on this as a best-in-class transaction.”
About PSMJ Resources, Inc.: For more than 40 years, PSMJ has been delivering on its commitment of improving the business performance of architecture, engineering, and construction organizations worldwide. From its research and benchmarking data to its executive education programs and advisory services, PSMJ’s expertise covers virtually every facet of A/E/C firm management, including mergers and acquisitions, transition planning, financial management, strategic planning, business development, human resources, and project management. Learn more at www.psmj.com.
For additional information, please contact:
PSMJ Resources, Inc.
10 Midland Avenue
Newton, MA 02458