A Houston architecture firm is expanding into Austin with its first acquisition.
Method Architecture, which was formed in 2016, has agreed to purchase Austin-based Architecture Plus. The acquisition is set to close in early October, said Eric Hudson, principal at Method Architecture.
Architecture Plus’ depth of experience with Austin Independent School District and other public entities — it has contributed to the design of Padron Elementary School in AISD, the Travis County Courthouse and Austin City Hall — will help Method diversify its portfolio, Hudson said, as well as expand into a new high-demand market.
“It’s really important for us to diversify our types of work, so when certain markets are down, others can support (us),” Hudson said.
Architecture Plus isn’t to be confused with Architects Plus, which merged with Three Square Design Group in 2016 to form Method Architecture.
In the immediate future, Architecture Plus will continue to operate under its name and branding, though it’ll eventually be rebranded into Method Architecture. Architecture Plus has seven employees, Hudson said, and Method Architecture has 36 employees.
Read the full story here.