Chartwell is pleased to announce the sale of Simeone Deary Design Group (“SDDG” or the “Company”) to KTGY Architecture + Planning. Chartwell acted as SDDG’s exclusive financial advisor throughout the transaction, providing comprehensive, unbiased counsel on the sale of the Company.
SDDG’s leadership believes there is a strong alignment between the cultures and values of both firms. The combination of its interior design and branding expertise with KTGY’s architecture platform will provide new opportunities for collaboration and drive innovative ideas for clients. In addition, the Company’s hospitality focus will help to inform designs in the residential environment where KTGY has already established itself as a visionary in the industry.
SDDG engaged Chartwell to lead and execute the full transaction process. With Chartwell’s in-depth expertise in architecture, engineering, and design, Chartwell provided objective counsel and facilitated negotiations on behalf of the Company to ensure a successful outcome.
“Chartwell was key in guiding us though the acquisition process. They performed significant due diligence, provided clear, precise advice, and recommended great partner consultants when needed. The Chartwell team remained calm and patient throughout the process and were able to help us negotiate the deal we wanted. Their design industry expertise was invaluable to us during this journey. Most importantly, Chartwell’s team was always available to us, even in the midst of a global pandemic!”
— Lisa Simeone & Gina Deary, Co-Founders, Simeone Deary Design Group
About Simeone Deary Design Group
Simeone Deary Design Group, established in 2002 by Lisa Simeone and Gina Deary, is an award-winning interior design firm with a passion for creating boundary-pushing designs that evoke emotion, forge connections and are as experiential as they are functional. Chicago-based but globally focused, SDDG combines worldwide perspectives with its Midwestern values to bring to life spaces and experiences brimming with both possibility and purpose. From conceptual design and interior architecture to graphics and branding, Simeone Deary Design Group approaches each project through a lens of possibility and purpose, creating transformative and highly personalized journeys that shape the guest experience.
About KTGY Architecture + Planning
Celebrating 30 years of design excellence, KTGY Architecture + Planning is a leading architecture and design firm focused on residential, retail, and mixed-use developments and neighborhood revitalization. KTGY seamlessly delivers innovation, artistry, and attention to detail across multiple design studios, ensuring that clients and communities get the best the firm has to offer no matter the building type or location. KTGY’s architects and planners combine big picture opportunities, leading-edge sustainable practices, and impeccable design standards to create memorable destinations of enduring value. KTGY serves clients worldwide from offices located in Chicago, Denver, Irvine, Los Angeles, Oakland, and Tysons.
For additional information on this transaction, please contact Chris Staloch. To learn more about Chartwell’s corporate finance capabilities, please contact Wil Becker.