AKF expands with acquisition of Henrico County-based Bold Rock Engineering Group
- April 26, 2018
New York-based AKF, which provides mechanical, electrical, plumbing and fire protection engineering among other services, continues to expand in the Southeastern U.S. with the acquisition of Henrico County-based Bold Rock Engineering Group.
The terms of the deal for Bold Rock, which has operated in the Richmond region for nearly 40 years, were not disclosed.
AKF said in a press release that Bold Rock’s work in higher education, workplace, hospitality, and healthcare clients complements AKF’s portfolio in these and other areas.
Bold Rock’s projects include the redevelopment of Main Street Station, Richmond’s historic railroad station; the expansion and renovation of Washington Dulles International Airport's international arrivals building; Loudon County’s metro rail station parking; and the new Regattas dining hall at Christopher Newport University in Newport News.
“Having collaborated with Bold Rock on successful projects,” DeFeo continued, “we felt this was an excellent opportunity to grow the AKF family by acquiring a firm with a shared vision and culture of engineering leadership,” CEO Dino DeFeo said in a statement.
AKF’s said its presence in Richmond also will allow the firm to provide additional support to existing clients, such as VCU Health, James Madison University, Inova Health and Children’s National Medical Center.
“This is a natural progression for AKF. We’ve experienced great success with the launch of our Baltimore office, and our new office in Richmond enhances our growing operations in the Southeast,” said DeFeo.
With the addition of its Richmond office, AKF now has more than 500 team members and ten offices worldwide.