Keystone Capital (“Keystone”) is pleased to announce that its portfolio company Environments for Health Architecture, LLC (“E4H”) has been acquired by the MOREgroup, a partnership of architecture, design, and engineering firms. Terms of the transaction have not been disclosed.
E4H is the largest architectural design and facilities planning firm focused on the healthcare and life sciences markets. E4H has completed over 2,000 projects nationally including community hospitals, for-profit hospitals, ambulatory surgery centers, rehabilitation facilities, medical office buildings, skilled nursing facilities, senior living communities, and research laboratories.
Keystone initially partnered with E4H in 2015 and through organic initiatives and strategic acquisitions expanded into a national firm. E4H represents another example of Keystone’s commitment in investing in the Business and Professional Services sector serving the built environment.
“We are extremely appreciative of our partnership with the E4H management team in building a market leading business” noted David Greer, Managing Director of Keystone. “During our partnership with E4H, we expanded our capabilities and technical expertise to bring state-of-the-art facilities designed to enhance the well-being of our client’s patients, staff, and families. We wish the best to the E4H team on their new chapter with the MOREgroup.”
Dan Morris, Chairman of E4H commented, “Keystone Capital has been a great partner for E4H over the last seven years. With Keystone’s help, we have integrated four add-on acquisitions, which has broadened our core market and accelerated our growth. We worked in partnership with their team to execute on strategic and operational initiatives while driving value for employees, clients, and shareholders.”
Legal services were provided to E4H and Keystone by DLA Piper.