Perkins + Will Sells Connecticut Office
Perkins + Will, the global design firm, has sold its Connecticut office to two of its principals.
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Stevanie Demko and Kathyann Cowles bought the Glastonbury office, near Hartford, in March, say sources close to Perkins + Will. The two designers have renamed the firm Id3A and have reportedly kept many of Perkins + Will’s clients in the area. Id3A has also retained most of the office's employees, which numbered around a dozen earlier this year, according to sources.
Terms of the deal were not disclosed. A spokeswoman for Perkins + Will did not return calls for comment, nor did Demko.
The Glastonbury outpost was once the firm Ai, which Perkins + Will acquired in 2005. The office struggled, as it had to compete for work against Perkins + Will’s branches in nearby New York and Boston, say sources.
Though many large firms had to downsize in the recession, Perkins + Will fared relatively well; it did not close a single office in the last few years. Today, the firm, founded in 1935 in Chicago, has 20 North American offices and three overseas, with a total of 1,500 employees.
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