IBI Group

Last updated
IBI Group Inc.
TypePublic
TSX:  IBG
Industry
Founded1974;49 years ago (1974)
FounderNeal Irwin
Phil Beinhaker
Headquarters
55 St. Clair Avenue West, Toronto, Ontario
,
Canada
Area served
Canada, Caribbean, China, Greece, India, Ireland, Israel, Mexico, UAE, United Kingdom, United States
Key people
Scott Stewart-CEO
David Thom-President
CAD $25.25 million (2021)
Number of employees
3,400 (2022)
Parent
Website www.ibigroup.com

IBI Group Inc. is a Canadian-based architecture, engineering, planning, and technology firm operating from over 60 offices in 12 countries across the world. [1]

Contents

Founded in 1974 in Toronto, Canada, IBI Group has since been ranked as one of the largest architecture or architecture/engineering firms in the world: in 2011 it ranked 4th or 6th (depending on the methodology used); [2] in 2016 it was ranked as the 8th largest architecture firm (with 836 fee-earning architects) by BD Online; [3] and in 2016 its United States operations were ranked by ArchDaily as the 13th largest architecture firm in the USA. [4]

As of 2022, IBI Group has approximately 3,400 employees and more than 60 offices located across six continents. [5] [6] IBI Group's consulting services business is concentrated in three practice areas: Intelligence, Buildings and Infrastructure. By integrating productivity tools, processes and technology innovations developed through IBI's Intelligence practice, the company has been able to drive incremental growth in its traditional Buildings and Infrastructures practices, while generating more efficient results for IBI clients. [1]

On September 27, 2022, it was acquired by Arcadis. [7]

History

The IBI Group was founded in Toronto by nine partners to provide professional planning and design services for urban development and transportation projects.

The firm merged with Robbie/Young + Wright Architects to become Robbie Young + Wright / IBI Group Architects, with noted Toronto architect Rod Robbie as chairman emeritus. [8] In 2004 the firm became a publicly owned entity through the formation of the IBI Income Fund. In 2010 the Fund was converted to a corporation, IBI Group Inc. [9]

The firm's name was derived from the last initials of its two founding principals, Neal Irwin and Phil Beinhaker. [10] The firm has rebranded itself, stating the IBI stands for "Intelligence, Buildings, and Infrastructure." [11]

In September 2022, IBI Group was acquired by Arcadis. [12] [13]

Major acquisitions

Since 2000 the firm has expanded through mergers and acquisitions of consulting firms in multiple locations. Some have been folded into the IBI Group brand and others have maintained a distinct identity. [9] The major acquisitions below are listed in chronological order.

Cummings Cockburn

In 2004, IBI Group acquired the Ontario architecture and consulting firm Cumming Cockburn, as well as its subsidiaries CCL Consultants and Marshall Cumming & Associates. [14]

Vancouver office

The Vancouver office expanded through the 2005 merger of Hancock Bruckner, Eng + Wright; Lawrence Doyle Architects; and Young + Wright Architects. [9] [15]

Grey-Noble & Grey-Noble

In 2005 the Newmarket, Ontario-based architectural firm of Grey-Noble & Grey-Noble was acquired. [16]

Thomas Blurock Architects

In 2006 the Costa Mesa, California-based educational project-focused firm of Thomas Blurock Architects was acquired and incorporated. [17] [18]

Page+Steele

In 2008 the Toronto-based firm of Page+Steele, Architects was acquired and operates as Page+Steele/IBI Group.

Gruzen Samton Architects

In 2009 the New York City based firm of Gruzen Samton Architects, Planners & Interior Designers was acquired. The firm was founded in 1936 and operates as IBI Group. [19] [20]

Group Architects

In 2009 the small Toronto-based firm of Group Architects was acquired. IBI relocated and redistributed its team to a new location and the company and presence dissolved entirely through the following years.[ clarification needed ]

BFGC Architects Planners

In 2009, BFGC Architects Planners, with offices in Bakersfield, San Luis Obispo and San Jose, California, was acquired.

Nightingale Architects

In 2010, Nightingale Architects, with four offices in the United Kingdom, including in London and Cardiff, was acquired for £13.1 million. [21] [22]

Dull Olson Weekes Architects

In 2010, IBI acquired the Portland, Oregon-based firm of Dull Olson Weekes Architects, a regional specialist in the design of educational facilities with offices in Portland and Seattle, Washington. It has received multiple awards for its work, including the CEFPI/A4LE James D. MacConnell Award for excellence in design and planning, in 2009 for the Rosa Parks School and Community Campus at New Columbia,in 2014 for Trillium Creek Primary School, and in 2020 as a finalist for Mary Lyon Elementary School. [23] [24] [25] The firm operates as IBI Group Architects.

Cardinal Hardy Architectes

In 2011, the Quebec-based firm of Cardinal Hardy merged with Beinhaker Architecte (within the IBI Group), and became known as Cardinal Hardy Beinhaker Architecte. Groupe Cardinal Hardy merged into the IBI Group. Three years later, in late 2014, it was sold to Montreal-based architecture group Lemay. [26]

Carol R. Johnson Associates

In 2011 the Boston based landscape architecture firm Carol R. Johnson Associates was acquired. [27]

Bay Architects

In 2011 the Houston, Texas-based firm of Bay Architects was acquired. [28]

Taylor Young

In 2012, Taylor Young, a United Kingdom-based architectural and master-planning practice headquartered in Cheshire and with offices in Liverpool and London, was acquired. [29]

M-E Companies

In 2012, M-E Companies, an Ohio-based engineering firm with offices in Westerville, Cincinnati and Canton was acquired. [30]

Aspyr

IBI acquired the British Columbia-based Aspyr Engineering on September 3, 2019. [31]

Cole Engineering Group

Cole Engineering Group in Markham Cole Engineering Group Limited.jpg
Cole Engineering Group in Markham

IBI acquired the Cole Engineering Group on December 1, 2020. [32]

Major projects

Major projects, ordered by type, are: [33] [34]

Masterplans

Government

Cultural

Education

Transportation

Office

Leisure

Mixed use

Residential

Healthcare

Products

HotSpot

IBI Group acquired HotSpot in June 2022 for $5.74 million. Founded in 2013, HotSpot allows users to pay for municipal parking from their phones, or pay for and receive real-time updates about bus services, as well as order and pay for taxis. [38]

CurbIQ

CurbIQ is IBI Group's curbside management tool intended to allow municipalities and mobility companies to manage curbside operations by digitizing their regulation. [39] [40] It was created as a result of IBI Group's Curbside Management Strategy created for the City of Toronto for the 2015 Pan American and Parapan American Games.

CurbIQ consists of four modules: [40]

CurbIQ was used to launch a SENATOR pilot project in Dublin, Ireland that aimed to create a new logistics system to improve the city's transportation network in 2022. [41]

Nspace

Nspace is a desk and conference room booking and visitor management application intended to support flexible work arrangements. [42] [43]

Acquisition by Arcadis

IBI Group announced on July 18, 2022, that it has entered into an agreement with the Dutch design, engineering and management consulting company Arcadis to "acquire all issued and outstanding shares" for $19.50 per share, a thirty percent premium on the day's closing price. [44] The approximately $873 million acquisition was finalised in September 2022 after a shareholder vote. [45] [46]

Related Research Articles

<span class="mw-page-title-main">RTKL Associates</span> Former architecture, planning and design firm

RTKL was a global architecture, planning and design firm. The firm was founded in 1946 by Archibald C. Rogers and Francis T. Taliaferro in Rogers’ grandmother’s basement in Annapolis and grew to be one of the largest architectural firms in the world prior to its acquisition by Arcadis NV in 2007. In October 2015, RTKL was formally merged with another Arcadis subsidiary, Seattle-based Callison, to form CallisonRTKL headquartered in Baltimore.

<span class="mw-page-title-main">Capgemini</span> French multinational corporation

Capgemini SE is a French multinational information technology (IT) services and consulting company, headquartered in Paris, France.

<span class="mw-page-title-main">HOK (firm)</span> American design, architecture, engineering and planning firm

HOK, formerly Hellmuth, Obata + Kassabaum and legally HOK Group, Inc., is an American design, architecture, engineering, and urban planning firm, founded in 1955.

Parexel International is an American provider of biopharmaceutical services. It conducts clinical trials on behalf of its pharmaceutical clients to expedite the drug approval process. It is the second largest clinical research organization in the world and has helped develop approximately 95% of the 200 top-selling biopharmaceuticals on the market today. The company publishes the annual Parexel R&D Statistical Sourcebook, operates the Parexel-Academy, and councils all of the top 50 biopharmaceutical and top 30 biotechnology companies.

<span class="mw-page-title-main">COWI A/S</span> Danish consulting group

COWI A/S is an international consulting group, specializing in engineering, environmental science and economics, with headquarters located in Lyngby, Denmark.

GlobalLogic is an US-based digital services company providing software product design and development services. It is an independent subsidiary of Hitachi Ltd. GlobalLogic has corporate headquarters in San Jose, California.

<span class="mw-page-title-main">WSP Global</span> Canadian consulting firm

WSP Global Inc. is a Canadian consulting firm. It was created in 2014, following Montreal-based Genivar's takeover of British firm WSP Group plc. It is listed on the Toronto Stock Exchange. After the purchase of New York-headquartered professional services firm Parsons Brinckerhoff in October 2014, WSP effectively became one of the largest professional services firms in the world, with approximately 66,200 employees in 500 offices serving in 40 countries.

Rambøll Group A/S, also known as "Ramboll", is a Denmark-headquartered global architecture, engineering, and consulting company. In the past 25 years, the company has expanded from being a business mainly focused on the Nordic region, to having offices in more than 35 countries, with around 18,000 employees working on projects across the world. Much of the company's activity is centred on Europe, North America, but also in emerging markets.

<span class="mw-page-title-main">HDR, Inc.</span> Design firm in engineering, architecture, environmental, and construction services

HDR, Inc. is a based American design and engineering service.

Perkins&Will is a global design practice founded in 1935. As of 2022, Perkins&Will had 28 offices and over 2,500 employees. In the same year, Perkins&Will generated $572.47 million in earnings, making it the second largest architecture firm by revenue in the United States. Phil Harrison has been the firm's CEO since 2006.

<span class="mw-page-title-main">Canaccord Genuity</span> Canadian financial company

Canaccord Genuity Group Inc. is a global, full-service investment banking and financial services company that specializes in wealth management and brokerage in capital markets. It is the largest independent investment dealer in Canada. The firm focuses on growth companies, with operations in 10 countries worldwide and the ability to list companies on 10 stock exchanges. Canaccord Genuity, the international capital markets division, is based in Canada, with offices in the US, the UK, France, Germany, Ireland, Hong Kong, China, Singapore, Dubai, Australia, and Barbados.

CCDI Group is a Chinese multinational architecture and engineering consulting firm that provides integrated professional services for urban construction and development headquartered in Shanghai. Its business units cover broad industry sectors with diverse specialized expertise. CCDI operates cross-regionally with offices in Shanghai, Beijing, Shenzhen, Chengdu, Sydney, New York City, Qingdao, and Suzhou with branches and representative offices in Chongqing, Nanjing and twenty other cities in China. Over the years, CCDI has established strong client relationships with most major developers, enterprises, and city governments. Founded in 1994, CCDI is a subsidiary of the privately owned construction and engineering firm, China State Construction Engineering Corporation (CSEC).

<span class="mw-page-title-main">Callison</span>

Callison was an international architecture firm based in Seattle, Washington. Callison was founded by Tony Callison in 1975 and grew to 900 employees around the world prior to its acquisition by Arcadis NV in 2014. In October 2015, Callison was formally merged with another Arcadis subsidiary, RTKL Associates, to form CallisonRTKL headquartered in Baltimore, Maryland.

<span class="mw-page-title-main">Colliers (company)</span> Real estate investment firm

Colliers International Group Inc. is a Canada-based diversified professional services and investment management company with approximately 18,000 employees in more than 400 offices in 65 countries.

Calian Group Ltd. is a Canadian company that was founded in 1982 as an Ottawa-based consulting firm. The company went public in 1993 and is traded on the Toronto Stock Exchange (TSX) under the symbol CGY.

<span class="mw-page-title-main">Egis Group</span> French engineering company

Egis is an international company active in the consulting, construction engineering and mobility service sectors that design and operate intelligent infrastructure and buildings. Egis operates in 120 countries and has 16,000 employees.

<span class="mw-page-title-main">SLR Consulting</span>

SLR Consulting is a privately owned international sustainability consultancy with offices in Europe, North America, South America, Australasia, and Africa. In 2019, it reported revenues of £150.8 million. Its purpose is ‘Making Sustainability Happen’, which it achieves through its global team of expert advisors and technicians, who partner with clients to tackle some of the world’s most complex sustainability challenges.

Arcadis NV is a global design, engineering and management consulting company based in the Zuidas, Amsterdam, Netherlands. It currently operates in excess of 350 offices across 40 countries. The company is a member of the Next 150 index.

Sia Partners is a management consulting firm that serves the following industries: banking, insurance, healthcare, telecommunications and media, energy, resources and utilities, transportation and logistics, industry and retail, government, and technology. The firm is totally independent from providers of software and audit firms.

<span class="mw-page-title-main">DeSimone Consulting Engineers</span> American structural engineering firm

DeSimone Consulting Engineers is a structural engineering firm founded by Vincent J. DeSimone in 1969 in New York City. The firm provides structural engineering services to architects, owners and developers, and performs structural analysis and design for all types of buildings at all project phases. DeSimone also launched a Property Loss Consulting division in 2016. The company has offices in Boston, Chicago, Dallas-Fort Worth, Foxborough, Houston, Las Vegas, Miami, New Haven, New York City, San Francisco, London, Medellín, Abu Dhabi, and Dubai. DeSimone has designed over 10,000 projects in 40 states and 45 countries.

References

  1. 1 2 "IBI Group 2020 Annual Information Form" (PDF). March 22, 2022.
  2. ↑ BC Business, BC Architects Without Borders. January 4, 2011. Retrieved 2016-09-15
  3. ↑ WA100-2016 the big list. Retrieved 2016-09-16
  4. ↑ These are the Top 300 Architecture Firms in the US, Archdaily, August 2, 2016. Retrieved 2016-09-15
  5. ↑ "IBI Group March 2022 Corporate Presentation" (PDF). March 22, 2022.
  6. ↑ "2021 IBI Group Inc. MD&A + Consolidated Financial Statements" (PDF). ibigroup.com. 2022-03-10. Retrieved 2022-04-13.
  7. ↑ "Arcadis completes the acquisition of IBI Group, creating a global leader for planning, designing and building the resilient cities of tomorrow". Arcadis. Retrieved 2022-12-21.
  8. ↑ National Capital Heavy Construction Association. Retrieved 2016-09-15
  9. 1 2 3 IBI Group history. Retrieved 2016-09-15
  10. ↑ IBI Group founder to be honored by TAC, IBI Group. July 22, 2014. Retrieved 2016-09-16
  11. ↑ Yonge+St.Clair, IBI Group talks architecture. September 1, 2016. Retrieved 2016-09-16
  12. ↑ "Arcadis acquires IBI Group". Canadian Consulting Engineer. 2022-07-19. Retrieved 2022-07-21.
  13. ↑ Acadis to acquire architecture and engineering firm IBI Group New Civil Engineer July 20, 2022
  14. ↑ IBI Group Company Backgrounder IBI Group p. 11.
  15. ↑ Architectural Institute of British Columbia. Retrieved 2016-09-15
  16. ↑ Bloomberg, Company Overview of Grey-Noble & Grey-Noble, Architects. Retrieved 2016-09-15
  17. ↑ PCAD - Blurock, Thomas, Architects, Incorporated (Practice). Retrieved 2017-07-19
  18. ↑ Bloomberg snapshot. Retrieved 2017-07-19
  19. ↑ Bloomberg company overview. Retrieved 2016-10-13
  20. ↑ The Real Deal, TRD topics. Retrieved 2016-10-13
  21. ↑ "IBI Nightingale closes Liverpool office". Place Northwest. 29 October 2013. Retrieved March 1, 2023.
  22. ↑ Fulcher, Merlin (2 June 2010). "Canadian outfit snaps up Nightingale Associates". Architect's Journal. Retrieved March 1, 2023.
  23. ↑ CEFPI MacConnell 2009 winner, DesignShare. October 19, 2009. Retrieved 2016-09-16
  24. ↑ A4LE MacConnell Award archives 2014. Retrieved 2016-09-16
  25. ↑ A4LE MacConnell Award archives 2020 Retrieved 2021-12-06
  26. ↑ Bergeron, Maxime (17 December 2014). "Lemay vise le monde". La Presse . Retrieved 9 October 2018.
  27. ↑ "CRJA announces strategic alliance with IBI Group", New England Facilities Development News, High Profile. July 15, 2011. Retrieved 2016-09-15
  28. ↑ Bloomberg, Company Overview of Bay-IBI Group Architects, Inc.. Retrieved 2015-09-15
  29. ↑ "Canadian IBI Group swoops for Taylor Young". Manchester Evening News. August 3, 2012. Archived from the original on 2017-02-02. Retrieved March 1, 2023.
  30. ↑ M-E Companies acquired by IBI Group of Canada, Columbus Business First, December 13, 2012. Retrieved 2019-10-08
  31. ↑ "IBI Group Announces Acquisition of Aspyr". GlobeNewswire . 2019-09-03. Retrieved 2019-11-01.
  32. ↑ IBI Group Announces Asset Acquisition of Cole Engineering Group Ltd IBI Group
  33. ↑ IBI Group projects. Retrieved 2016-09-16
  34. ↑ IBI Group Texas projects. Retrieved 2016-09-16
  35. ↑ "Parliament Welcome Centre". tpsgc-pwgsc.gc.ca. Government of Canada. Retrieved March 2, 2023.
  36. ↑ "IBI GROUP MANAGEMENT PARTNERSHIP (EP758-122489/001/FE~000)". buyandsell.gc.ca. Government of Canada. Retrieved March 2, 2023.
  37. ↑ Sifuentes, Edward (September 9, 2016). "Historic hotel to be restored". The San Diego Union Tribune. Oceanside, California. Retrieved March 2, 2023.
  38. ↑ Mullen, Avery (August 10, 2022). "IBI Group Paid $5.7M for HotSpot". Entrevestor. Retrieved March 1, 2023.
  39. ↑ "About Us - CurbIQ". CurbIQ.io. Retrieved March 1, 2023.
  40. 1 2 "Arcadis IBI Group Products - CurbIQ". ibigroup.com. IBI Group. Retrieved March 1, 2023.
  41. ↑ "Efficient use of pavements for a more decarbonised Dublin". senatorproject.eu. December 21, 2022. Retrieved March 2, 2023.
  42. ↑ "Nspace - A flexible planning, scheduling, and management solution for the hybrid office". ibigroup.com. IBI Group. Retrieved March 2, 2023.
  43. ↑ "Nspace - Defining the workplace of tomorrow". ibigroup.com. Nspace. Retrieved March 2, 2023.
  44. ↑ "Arcadis and IBI Group Have Entered Into an Agreement on a Recommended, All-Cash Offer of C$19.50 Per Share for Arcadis to Acquire All Issued and Outstanding Shares of IBI Group". ibigroup.com. IBI Group. July 18, 2022. Retrieved March 1, 2023.
  45. ↑ "Arcadis acquires IBI Group". arcadis.com. IBI Group. September 27, 2022. Retrieved March 1, 2023.
  46. ↑ "IBI Group Inc. Shareholders Vote Overwhelmingly in Favour of the Acquisition by Arcadis". arcadis.com. IBI Group. September 16, 2022. Retrieved March 1, 2023.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.