TRANSACT IONS 4 S.T.E.L. ENGINEERING ACQUIRES BTI 4 S.T.E.L. Engineering, Inc. , an award-winning structural and electrical engineering firm, has acquired the Anaheim-based structural engineering firm, Bushra Tsai, Inc. (BTI). The official acquisition date was March 1, 2021. Zweig Group, a full-service AEC management advisory firm, represented 4 S.T.E.L. Engineering in this transaction. Jamie Claire Kiser, Zweig Group’s managing principal, served as the firm’s lead advisor on the engagement. Founded in 2005, 4 S.T.E.L. Engineering is a reputable engineering firm with a broad range of experience and expertise focused on structural and electrical design and engineering, including commercial, industrial, educational, solar, and renewables. By acquiring BTI (formerly Ajit Randhava & Associates), which has been in operation since 1979, 4 S.T.E.L. Engineering is “excited to incorporate BTI’s strong team, expansive knowledge base and client-oriented services, particularly BTI’s specialty areas of tilt- up structures for industrial manufacturing, fulfillment centers and warehouse buildings, retail shopping centers, and office buildings,” said 4 S.T.E.L. Engineering’s President and CEO, Dustin Rosepink. 4 S.T.E.L.’s COO, Jonathan Varela, remarked, “The combined firm now totals 47 employees. This not only allows us to expand our reach in the marketplace, but it also provides a better
foundation for us to provide the best client experience.” Rafeek Bushra, president of BTI, believes this acquisition “provides opportunities to further expand our service offerings to our now combined, diverse client base. Joining 4 S.T.E.L.’s team ensures BTI’s legacy of quality work will continue for years to come.” Zweig Group, three times on the Inc. 500/5000 list, is the leading research, publishing, and consulting resource for the built environment. The firm provides strategy, mergers and acquisitions, business valuation, ownership transition, marketing, business development, market research, financial management, project management, recruiting and executive search services nationwide. Zweig Group also provides a comprehensive suite of products including industry reports and surveys, executive training, and business conferences covering virtually every aspect of AEC firm management. The firm has offices in Dallas and Fayetteville, Arkansas. 4 S.T.E.L. Engineering, Inc., located in Mission Viejo, California, has been named a Zweig Group Hot Firm four years in a row. It has also been awarded Zweig Group’s Best Firms To Work For, Orange County Business Journal’s Best Places to Work, and ENR’s Top 100 Engineering Firms in California.
This webinar was specifically developed to help design and technical professionals in archi- tecture, engineering, planning, and environmental firms become more comfortable managing cli- ents and promoting the firm and its services. Led by two retired and current CEOs with extensive experience from the design desk to the board room, this one-of-a- kind webinar presents business development techniques proven to drive real growth and value in your AEC firm. Elevating Doer- Sellers Virtual Seminar 6 PDH/LU
STARTING APRIL 6, 2021
CHAD CLINEHENS, from page 1
TheatreSquared, a new facility that was completed as COVID hit a year ago. The 50,000-square-foot campus unites two theaters, rehearsal space, a three-level commons and café, outdoor gathering spaces, production workshops, offices, and artists’ apartments. It was the winner of the 2020 American Architecture Award, the AIA New York State Honor Award, and an Interior Design Best of Year Award – and it’s a cultural landmark in Northwest Arkansas, where our company is proudly headquartered. I share this because the note was a reminder of the devastation this pandemic caused those in the performing arts world. The artists, set designers, lighting designers, stage crews, and beyond were just one of the many groups deeply affected over the past year. As we are able to get back to renting spaces like TheatreSquared, let’s not forget what an enormous part of our society has endured over the past year. Let’s take all the support we’ve been unable to show over the past year and do what we can to fire up these businesses. We are so fortunate to work in the AEC industry, the industry that designs and constructs the backbone of society. As many of us were considered “essential services,” many firms were able to continue strong through this, and overall, we did much better as an industry than our brothers and sisters in the hospitality and entertainment sectors, to name a few. That note impressed upon me that every industry is an “essential service.” In 2021, I’m excited to get back to enjoying the amazing facilities the surveyors, planners, engineers, architects, interior designers, awnd contractors have built. But we need the artists, set designers, lighting designers, stage crews, and event coordinators to make things like TheatreSquared work. They are going to be glad to see us, and we are going to be glad to see them. CHAD CLINEHENS is Zweig Group’s president and CEO. Contact him at firstname.lastname@example.org.
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THE ZWEIG LETTER MARCH 22, 2021, ISSUE 1384
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