Cushing Terrell Forms Partnership with CIVC Partners to Support Strategic Growth Initiatives
Celebrating 88 years since its founding, Cushing Terrell has embarked on a new partnership intended to build on the firm’s legacy, ensure a future full of opportunity for its team, and deepen the expertise it provides clients and their projects.
Greg Matthews, President and CEO, Cushing Terrell
Multidisciplinary design firm Cushing Terrell has entered into a partnership agreement with CIVC Partners, a Chicago-based private equity firm, with the goal of supporting Cushing Terrell’s continuous growth and evolution. Cushing Terrell leadership will continue to oversee and drive operations for the firm, with CIVC providing expertise in mergers and acquisitions, operational efficiency, business strategy, talent acquisition, technology modernization, market expansion, and risk management.
“This partnership represents the next chapter in Cushing Terrell’s 88-year history,” said Greg Matthews, President and CEO of Cushing Terrell. “We are not changing who we are. We are strengthening our ability to invest in our people, serve our clients, and create opportunities for future generations of leaders. CIVC brings strategic insight, tools, and resources that complement our vision while respecting the culture, values, and entrepreneurial spirit that have defined Cushing Terrell for nearly nine decades.”
Cushing Terrell leadership will oversee the day-to-day operations for the firm, with a focus on providing exceptional client service and delivering meaningful projects that help people live their best lives. Additionally, Cushing Terrell will remain the platform entity, preserving the firm’s brand, culture, and independence.
“We are excited about working with Greg and his leadership team to fully capitalize on all Cushing Terrell can be,” said J.D. Wright, Partner with CIVC. “The strong foundation they have built with their talented team has resulted in beneficial, long-standing client relationships and impactful projects that span highly attractive markets and geographies. We can’t wait to see what the future holds.”
AEC Advisors guided Cushing Terrell on the transaction while Crowley Fleck served as legal counsel. Kirkland & Ellis provided legal counsel to CIVC Partners.
About Cushing Terrell
Cushing Terrell was founded in 1938 on the belief that integrating architecture, engineering, and design opens the doors for deepened relationships and enhanced creativity. This foundation continues to define the firm and its multidisciplinary team today. Driven by empathy, the team works to design systems and spaces that help people live their best lives and enjoy healthy, sustainable built environments. With more than 600 team members spanning 30-plus disciplines and expertise across the commercial, education, government, healthcare, infrastructure, residential, and retail markets, the firm has offices in Colorado, Idaho, Louisiana, Minnesota, Montana, Oregon, Texas, and Washington. For more information about Cushing Terrell, visit cushingterrell.com.
About CIVC Partners, LP
CIVC Partners is a Chicago-based private equity firm investing in high-growth middle-market companies in business services sectors. Since 1989, CIVC has invested over $3.0 billion in 91 platforms, in partnership with founders and executives. CIVC Partners currently invests from CIVC Partners Fund VII. More information on CIVC Partners and its portfolio companies can be found at civc.com.
