AJ100 big hitter AHR has bought north London-based housing specialist PCKO
The practice said the acquisition of the 35-year-old firm - which was set up by Andrew Ogorzalek and Peter Chlapowski - would ’strengthen its offer in delivering innovative residential and affordable housing projects’ and ’large-scale masterplans’.
Explaining the move, AHR London’s managing director Michael Walters said the deal would allow the already 400-strong practice to ’grow quickly’, describing the partnership with PCKO as a ’natural fit’.
AHR, which successfully demerged from Aedas in 2014, insisted that all the existing directors and PCKO staff would ’be retained’ and relocated to its London base in Clerkenwell. PCKO associates David de Sousa and Wai Lun Ho will join AHR as directors.
It is understood PCKO will continue to use its existing name under the AHR banner. The firm brings with it an impressive portfolio of housing schemes and residential clients, including Peabody and Network Housing.
The deal is the latest in a wave of practice acquisitions and mergers and follows on from BDP’s sale to Japanese engineer Nippon Koei in March, Aukett Swanke’s recent move for Shankland Cox and Stride Treglown’s purchase of Bournville Village Trust’s (BVT) architects division earlier this month.
Walters said: ’PCKO is a like-minded practice and from the first meeting, the team felt this will be a great move.
’The acquisition will not just allow AHR to grow quickly and bolster our capabilities in the residential sector, but we’ll be adding further creative and knowledgeable people to our practice that will enhance the projects we work on in the future.’
Ogorzalek added: ’With our portfolio, track record and long-established working relationships with our clients we feel we can make a strong contribution. AHR’s size and reputation will enable us to move to the next level and start competing for work on a larger scale.’