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The firm says the transition to employee ownership secures the long-term future and independence of the practice and ensures continuity for clients and employees. Employee ownership enables the firm to protect and strengthen its business as well as the culture and values that define how it works as a leading architectural practice.
The firm's directors, announcing the deal, said, 鈥淲e are all incredibly proud of the culture and reputation we have built over the last 30 years, and this transition is about protecting that for the future.
鈥淓mployee ownership is the right step for us. It allows us to remain independent, maintain the values that define how we work, and provide long-term stability for our clients and our team. It also creates new opportunities for our people, recognising their contribution and giving them a meaningful role in the future of the business.
鈥淭he move provides a clear succession pathway for the practice, supporting a smooth transition over time while retaining knowledge and experience, and ensuring the business continues to grow and evolve in the years ahead.鈥�
For Smith Scott Mullan, the transition to employee ownership reflects a proactive and responsible approach to succession, ensuring continuity of leadership, service and relationships, while positioning the business for continued success.
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