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bluwatr
December 16, 2025

Bluwatr Acquires Majority Stake in LPAS to Accelerate AEC Innovation

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Bluwatr, a Canadian forward-focused growth platform for architecture and engineering firms, has acquired a majority interest in LPAS Architecture + Design, a well-established, award-winning architecture firm based in Northern California. This strategic partnership is part of Bluwatr’s mission to help design firms thrive amid rapid industry transformation driven by technology, shifting client demands, and market evolution.

The partnership follows Bluwatr’s co-ownership model, which allows LPAS leadership to retain significant equity, continuing its long-standing tradition of employee ownership and enabling more staff to become shareholders. This approach aligns with both companies’ shared belief in empowering great people to deliver exceptional work.

Founded in 1978, LPAS Architecture + Design has earned a strong reputation across multifamily housing, higher education, and civic markets, operating from its offices in Sacramento and Oakland. Its leadership, client roster, and regional presence position it as a scalable platform investment for Bluwatr in a high-growth geographic region.

Bluwatr’s investment brings not only capital but also operational, technological, and strategic business expertise, helping LPAS accelerate long-term growth and elevate client service capabilities. According to Bluwatr CEO Todd Hoisington, LPAS’ strength and market positioning make it an ideal fit for expansion as demand rises in multifamily housing, educational infrastructure, and civic projects.

LPAS Presidents Brady Smith and Ron Metzker emphasized cultural alignment as key to the partnership’s success, highlighting shared values and the potential for innovation through combined strengths. “This fusion represents a transformational combination,” noted Smith. “We are excited about what lies ahead.”

Bluwatr President Ari Bose added that the LPAS partnership reflects Bluwatr’s strategy to invest in strong, independent design firms seeking collaborative growth in a rapidly changing, tech-driven industry.


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