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KDC Jump-Starts Growth With 50% Company Sale

DALLAS-E2M Partners and Sammons Enterprises seed KDC's plan. Offices will open in the Bay Area, Chicago and Washington, DC. Also coming are data center and MOB groups.

By Connie Gore | Updated on July 01, 2008

[IMGCAP(1)]DALLAS-Locally based KDC will plant its flag in three new cities and expand its Houston base after selling a 50% stake in the company to E2M Partners LLC and Sammons Enterprises. KDC’s annual $300-million to $500-million pipeline is the only signpost as to the depth of the privately packaged deal.

KDC CEO Steve Van Amburgh tells GlobeSt.com that the shopping began in November 2007, with 20 investment partners going under the microscope before E2M and Sammons, both from Dallas, won the nod from KDC’s five partners. “We felt a capital partner was necessary if we were going to expand,” he says. “We felt hands down they were the best fit and match for us.”

With the deal now inked, KDC will set plans in motion to add a production office in Houston and interview top executives to open offices in the San Francisco Bay Area, Chicago and Washington, DC. Van Amburgh says the goal is to bring the new shops on line by year’s end. In the coming months, KDC also plans to set up teams to develop data centers and medical office buildings, relying on its Dallas professionals to lead the charge. The CEO hints that the first medical office project–a large one at that–could be ready to discuss in 60 days.

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