Partner Engineering and Science, Inc. is pleased to be featured on the 2023 Engineering News-Record Top 500 Design Firms list for the 10th year. On the 2023 list, which reflects 2022 revenue, Partner was ranked #95 out of 500. This is a gain of 52 spots compared to Partner’s previous ranking of #147!
“I’m very proud of how we as a company refocused and met the challenges of 2022,” Partner CEO Joe Derhake said. “Even as interest rate hikes cooled CRE transaction volumes, our solutions-oriented practices continued to grow,” Derhake said. “Many of our clients have wisely pivoted to maintaining their current portfolio and investing in improvements like efficiency,” Derhake added.
Last year, Partner’s Building Envelope Consulting and Energy Consulting practices had strong bookings, as well as its Environmental Solutions practice focused on remediation. Market trends such as an increased focus on asset management and ESG have boosted demand for those services New incentives such as the Inflation Reduction Act have also contributed to a surge of activity in Partner’s Renewable Energy practice. Continued market demand for renovations and rehabs resulted in a strong year for Partner’s Construction Risk Management business, and its Geotechnical Services practice continued to expand.
ENR reports that 2022 bookings were the largest revenue jump recorded in the past 15 years for firms surveyed. Overall, 90% of firms on the ENR list reported an increase in year-over-year revenue with an average of 14.4%.
“We’ve gotten very good at pivoting and being nimble to change with the market, even as we’ve grown larger,” Derhake opines. “Partner’s somewhat ‘flat’ organization has been a real advantage as we’ve had to address several big shifts over the last few years – first with COVID, then the boom year of 2022 which saw a very hot commercial real estate market, and now with a CRE recession. We’ve been able to successfully flex from a hands-on operational focus during the busiest times to a hands-on sales focus during the leaner times, all the while protecting our employees’ wellbeing and gaining market share.”
Click here to view the full list.
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