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James acquires Jack Rouse Associates
There's been a change in ownership of one of the world's most successful design and project management companies.
Keith James, president and long-time co-owner of Jack Rouse Associates, based in Cincinnati, US, has consolidated his position by acquiring 100 per cent ownership of the company from his JRA partners, Jack Rouse and Amy Merrell.
"It will be business as usual at JRA," James said. "This is purely a financial arrangement, not a reorganisation. The team remains intact. There will be no change in our lines of business, our operating style or, above all, our core philosophy.
"JRA will continue to provide our clients around the world with the very best thinking and customer service we can muster whether they are seeking master planning, exhibit design and development, creative development, executive media production, graphic design, art direction, project management or any other work product.
"JRA has been a huge part of my life, so when the opportunity arose for me to extend my ownership of this wonderful company by acquiring Jack and Amy's shares, I took advantage of it."
Rouse and Merrell, who co-founded JRA in 1987, will remain with the company in their current capacities as chairman/CEO and COO, respectively. James will remain as president.
