Twin Cities software company Merrill Corp. announced Tuesday that it will move its global headquarters to Minneapolis in the first quarter of 2020.
The new office, located in the Baker Center, will replace its St. Paul and North Loop offices, bringing together Merrill's 355 Twin Cities employees together under one roof for the first time in its 51-year history.
"Merrill has strong roots in the Twin Cities, and since our founding, we have grown alongside its economy," Tom Donnelly, the company's Minneapolis-based CFO, said in a statement. "Our new corporate headquarters will have a positive impact on our Twin Cities employees, who will benefit from increased collaboration in a modern, tech-enabled workplace."
In 2017, the Baker Center underwent a 15-month, multi-million-dollar renovation. A handful of fast-growing tech companies, including Foodsby and Field Nation, now call the building home.
Although Merrill has more than 670 employees worldwide, it has strong roots in Minnesota. The company was founded in St. Paul in 1968 as a document-management company, but eventually pivoted and become a software business. Today, Merrill provides tech for M&A professionals.
In a release, the company said that it grew by 25 percent in the last fiscal year, and hopes that the new office will allow it to grow and retain its employee base.
"The upcoming headquarters move not only helps us better serve our customers, it also gives us access to top talent in the Twin Cities to support our growth strategy," Merrill CEO Rusty Wiley said.
