Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PRINCETON, NJ-New Jersey’s largest architectural firm is going global via the acquisition route. Hillier, based here, is being acquired by RMJM, a firm that’s based in Edinburgh, Scotland. During a conference call yesterday, officials of the two firms put the value of the deal in the $30 million range. The formal announcement of the merger is scheduled for today.

Hillier, which was founded in 1966 by J. Robert Hillier, will be henceforth known as RMJM Hillier, and will continue to be based here. The firm, which has a total of about 300 employees and had revenues of nearly $70 million in 2006, will also continue to operate out of locations in New York City, Philadelphia and Washington, DC.

“This is a changing industry that has added to the requirements of architectural firms,” RMJM CEO Peter Morrison said during yesterday’s conference call. “This acquisition will provide us with the ability to work on some of the biggest projects in the world.”

Founded in the mid-’50s, RMJM has some 700 staffers scattered around its dozen offices in Europe, Asia and the Middle East. Combined, the two firms have approximately $15 billion worth of projects they’re currently designing.

Under the terms of the acquisition, Hillier will be named deputy chairman of RMJM’s parent company, the MJM Group, also based in Edinburgh. “This acquisition is a step up for me in terms of getting business from around the world,” he said during the conference call. “It is a much larger arena with bigger projects.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.