Artemis Origination is pleased toannounce its buyside M&A advisory support for global project and costmanagement consultancy MGAC on its acquisition of Stonemark Construction Solutions.Bringing Stonemark’s team, expertise, and resources into MGAC enhances thefirm’s 20-year history of delivering such projects for the most discerning anddemanding clients.
Global project and cost management consultancy
Since expanding to the UK in2021, Washington, DC-based MGAC has seen more than 50 percent growth across itsEuropean and North American teams, now with more than 345 professionals servinga full range of clients from the firm’s 10 offices. The firm’s Luxury Livingpractice is unique in its delivery of estate-quality single-family homes andmanaging, from project conception to move-in, projects that are deeply personalfor clients and their families. MGAC has worked to create estates, securefamily getaways, and exceptional environments around the world—and ensuresclients achieve the spaces they envision, from penthouses and hillside mansionsto mountain lodges and private island compounds.
Singularly focused, high-end residential constructionmanagement
Founded in 1997, Stonemarkspecializes in ultra-upscale homes and residential estates, particularlycomplex, multi-layered projects. The firm has built a track record of reducingconstruction time and costs through an integrated approach and has worked oninternationally renowned projects, such as Hill House Montecito and the WilliamHefner and Jamie Bush-designed mid-century Regency Estate, among many othersacross North America.
An unparalleled level of trading optimization expertise
“Our Luxury Living team hasquickly developed an international reputation for bringing the standards,project discipline, and discretion of professional, state-of-the-industrycommercial project management practices to bear on the singular homes and estatesof a discerning and private clientele,” said Mark Anderson, President and ChiefExecutive Officer, MGAC. “With its stellar reputation for bringing owners’ideas to fruition, Stonemark enables MGAC to expand our range of services anddive deeper into the projects with which our clients entrust us.”
Artemis Origination
Regarding Artemis’ role in thetransaction, Anderson goes on: “Artemis offered us valuable support throughout ourdeal to acquire Stonemark. They were a pleasure to work with and we lookforward to continuing our strong relationship as we advance our inorganicgrowth agenda.”