IBJNews

Ratio Architects acquires North Carolina firm

Back to TopCommentsE-mailPrintBookmark and Share

A prominent Indianapolis architectural firm whose high-profile projects include the Indiana State Museum and the Indiana Convention Center is expanding into North Carolina through an acquisition.

Ratio Architects Inc. announced Monday it has acquired Raleigh-based Cherry Huffman Architects. Financial terms of the transaction between the two private firms, which became effective Jan. 1, were not disclosed.

Cherry Huffman was founded in 1992 by Louis Cherry and Dan Huffman and has 16 employees. Ratio executives became aware of the firm while working in the North Carolina market on projects for Duke University in Durham.

Ratio has 72 employees and had $9.9 million in revenue in 2009. It’s the fourth-largest architectural firm in Indianapolis, according to IBJ statistics.

“We started looking into what it might mean to have a greater presence [in Raleigh-Durham],” Ratio CEO Bill Browne said Monday morning. “We found that [[Cherry Huffman’s] vision, goals and principals were very much aligned with ours.”

Browne said the acquisition also should allow Ratio to compete for projects in parts of Virginia and South Carolina. Besides Indiana, Ratio has projects in Colorado, Kentucky, Illinois and North Carolina, and is pursuing work in Florida.

Cherry, who was named one of Ratio's six principals as part of the merger, said the deal allows his firm to better compete for projects.

“For us, as our marketplace has evolved in the past five to six years, there’s much more of an expectation of a national presence,” he said. “For us to maintain a presence in the marketplace, we needed to do something to align ourselves with a [larger firm].”

Cherry Huffman’s projects include the design of a high school and theater building in Raleigh, as well as an education center at North Carolina State University.

Ratio’s acquisition of Cherry Huffman is the firm’s second. In 2004, it purchased a small practice in Champaign, Ill., home of the University of Illinois, to take advantage of opportunities there.

Browne, an Indianapolis native, earned bachelor’s and master’s degrees in architecture from Illinois and the University of Florida, respectively, before helping  launch Ratio in 1982.

At the time, Browne and developers Cornelius “Lee” Alig and Harold Garrison owned Mansur Development Co. and HDG Architects, the predecessor to Ratio.

Operating the two companies enabled the trio to control the development and design of their projects, which in the beginning slanted toward historic buildings. Browne became president of architectural operations in 1985 and bought out his partners two years later, prompting the name change to Ratio.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

ADVERTISEMENT