Design and consultancy firm Arcadis plans to leverage the activities of Callison with those of its subsidiary RTKL to create a “global leader in high-level design and architecture”.
The transaction is expected to close in the third quarter of 2014.
Blue Point first invested in Callison in 2006, tapping its BPCP I fund for the deal. Since then the company said it has experienced rapid growth in revenue and profitability.
The retail designer’s clients include Zara and IKEA.
Blue Point targets lower mid-market companies in the manufacturing, business services and value-add distribution sectors.
Criteria for acquisitions includes the business making a revenue of between $20m and $200m with an EBITDA of at least $5m.
Portfolio companies bought through the firm’s most recent Fund III include eyewear manufacturer and distributor The Hilsinger Company.
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