Hennick & Company has completed of a long-term strategic partnership with Leo A Daly and Lockwood, Andrews & Newnam. With 26 offices located across the United States, the partnership employs 850 professionals providing architecture, planning, engineering, program and project management and interior design services. The combined companies provide services to a wide range of industries, including healthcare.
As part of the transaction, 42 senior employees have acquired a 25% stake in the firms. This marks the largest expansion of equity ownership in the company’s history.
Leo A. Daly III will remain as chairman of LEO A DALY and LAN to ensure each firm’s legacy and culture continue to thrive. All members of LEO A DALY’s senior leadership, including Edward Benes, James Brader, Steven Lichtenberger, John Somerville, Wayne Swafford, and Stephen Gilbreath, have become equity shareholders and will continue to lead the company’s day-to-day operations to provide stability for key talent, clients and stakeholders.
