Prominent architecture group changes ownership

SARASOTA — Mike Bryant, the owner of Lakewood Ranch-based Fawley Bryant Architecture, has retired and sold the firm through a management buyout.

A press release says Steve Padgett and Stu Henderson purchased the firm in December 2017, which was part of the the vision set out by Rick Fawley and Bryant several years ago. Fawley died in 2015.

In 2013, Fawley and Bryant created a firm management team to prepare for the “long-term growth and sustainability” of the company, the release states. Padgett and Henderson have been members of the management team since then.