Wednesday, January 27, 2021

New ownership for Midlands architects practice

Justin Smith, the founder of JSA Architects, has sold his shares in the company to two existing staff members under a management buy-out (MBO).

The transaction sees Chartered Architect Georgie Rathbone and Chartered Architectural Technologist Chris Wood become co-owners and directors of the business, whilst Justin will remain as a consultant to the new management team.

According to the business, the change has been a couple of years in the making and is designed for the long term continuity of the practice.

Justin said: “I am really pleased to be able to transition the business to two very talented individuals who have proven to be a very good fit for the company. I am also pleased to ensure long term continuity for our clients and their projects with Chris and Georgie in charge and having spent a significant amount of time developing and implementing robust processes and knowledge bases.”

Chris said: “I am delighted that the process has been concluded following a well-considered transition programme which all started with a management restructure and name change in 2018. Nobody could have predicted the current economic challenges, but the recent record-breaking financial year and increasingly robust client base demonstrates this is still the right time to see in the company’s new chapter.”

Georgie said: “Since joining, I have been amazed at the passion and collaborative efforts of the team which have resulted in some incredible projects and a great service. Both Chris and myself feel proud and honoured to have the opportunity to continue to shape the direction of the practice and build on its progressive values.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Work starts on new crematorium

Building work has started on a brand new crematorium on a site off the A47 Leicester Road between Hinckley and Earl Shilton. The Borough Council...

East Midlands employers called upon to help shape mental health campaign

Employers across the East Midlands are being urged to help shape a campaign to encourage firms to improve mental health support at work. The Mental...

Bumper year for Midlands industrial property set to continue in 2021

The Midlands logistics and industrial property market in 2020 included close to record take up levels, rising rents and an upsurge in investor demand,...

Civil and structural engineer appoints new director

East Midlands-based civil and structural engineering firm BSP Consulting has appointed a new director to its board. Tony Goddard, who has been with the company...

Record growth for Lutterworth commercial property firm

Lutterworth-based Chartered Surveyor and Property Consultant, Wells McFarlane has reported a record year, achieving sustained growth despite the challenges posed by the pandemic. “There’s no...

Related news

Sky Recruitment and Capella Professional take on serviced offices at Cubo in Derby and Nottingham

Sky Recruitment and Capella Professional have taken full time offices at Cubo, the flexible workspace, in Derby and Nottingham. David Torrington set up Sky Recruitment...

Work starts on new crematorium

Building work has started on a brand new crematorium on a site off the A47 Leicester Road between Hinckley and Earl Shilton. The Borough Council...

East Midlands employers called upon to help shape mental health campaign

Employers across the East Midlands are being urged to help shape a campaign to encourage firms to improve mental health support at work. The Mental...

Bumper year for Midlands industrial property set to continue in 2021

The Midlands logistics and industrial property market in 2020 included close to record take up levels, rising rents and an upsurge in investor demand,...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close