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Structure Tone scoops up Canadian construction management firm
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Structure Tone has acquired a Canadian construction management firm as part of its efforts to expand and rejigger its ownership structure. The company purchased Govan Brown, a Toronto-based firm that specializes in commercial, retail and hospitality interiors, Structure Tone announced on Tuesday.
The company has partnered with Govan over the past decade, but the acquisition means that Structure Tone will officially expand its services into Canada. In January, the company decided to allow some managers and outside investors to acquire ownership stakes in the Structure Tone. Under the deal, Govan will keep its name and current leadership. Additional terms of the acquisition were not immediately available.
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