McMillan Pazdan Smith announces partnership with Providus Capital Partners
October 15, 2024
McMillan Pazdan Smith, LLC (MPS), a leading Southeast-based architecture firm, today announced a partnership with Providus Capital Partners LLC, a growth-oriented equity partner to the architecture and engineering industry.
“Providus is the ideal partner for MPS”, said Chad Cousins, CEO of McMillan Pazdan Smith, who will continue to lead the company along with its professional management team. “Their proven success in collaborating with management teams and building highly successful, people-first businesses made this an easy decision for us. We look forward to working together to expand our service capabilities, enter new markets, and create opportunities for our team to better serve clients and positively impact the communities where we live.”
“We are excited to partner with the talented team at MPS to support their evolution as a best-in-class architectural firm” said Norm Scherr, Managing Director at Providus Capital Partners. “MPS is well positioned to capitalize on the robust demand for advisory and architectural services that are needed to support growing population centers throughout the Southeast and we look forward to building upon the team’s impressive trajectory with additional investments in technology and people through an expanded footprint.”
This partnership enables the MPS team to accelerate the execution of their growth strategy, while creating additional opportunities for staff and clients.
AEC Advisors (www.aecadvisors.com), through its registered broker-dealer affiliate AEC Transaction Services LLC, advised McMillan Pazdan Smith on the partnership.
About McMillan Pazdan Smith
McMillan Pazdan Smith, founded in 1955 with 8 offices across the Southeast, offers a broad range of architecture and advisory services to a diverse group of public and private clients serving K-12, higher education, healthcare, civic, industrial, commercial and living markets. Our mission is to create meaningful and lasting impact for the good of all in the communities we serve. Through our collaborative culture and innovative design solutions, the firm enjoys a premier clientele and diverse portfolio of complex projects that have received local, regional, and national recognition.
McMillan Pazdan Smith has offices in Atlanta and Augusta GA; Asheville and Charlotte, NC; and Charleston, Columbia, Greenville, and Spartanburg, SC. For more information, please visit www.mcmillanpazdansmith.com.
About Providus Capital Partners
Providus Capital Partners is a flexible capital provider exclusively focused on the A&E industry. With over 60 years of combined operating and investing experience, we partner with forward-thinking management teams that seek an experienced and innovative investment partner with unique industry expertise, operational insight, and flexible capital for growth. We invest in North American architecture, engineering, and related companies with $3 million to $30 million of EBITDA that have a strong brand and multiple avenues for growth. For more information, please visit www.providuscp.com.
