DAK Group announced the sale of its client BrightTree Studios to BrightStar Capital Partners. BrightTree Studios, a Pennsylvania-based technology design and consulting firm, joins KZF Design and Erdman as part of Brightstar’s architecture and design platform.
Key Things to Know
- DAK Group, the Ridgewood, N.J. investment bank focused on middle-market mergers and acquisitions, served as exclusive financial advisor to BrightTree Studios.
- BrightTree Studios is based in Warrendale, Penn. and specializes in audiovisual, IT/telecom, security and acoustics.
- The firm serves higher education, healthcare and corporate clients.
- BrightStar Capital Partners is a New York-based middle-market private equity firm.
- BrightTree Studios joins KZF Design and Erdman in Brightstar’s architecture and design platform.
Who Advised on the BrightTree Studios Sale?
DAK Group served as exclusive financial advisor to BrightTree Studios, initiating and managing the entire transaction. The Ridgewood, N.J. investment bank specializes in middle-market mergers and acquisitions. Ari Fuchs, managing director at DAK Group, led the transaction. He worked alongside Andrew Mabey, director; Jesse Del Buono, senior associate; and Cecilia Zhou, senior analyst. The team built a competitive sale process designed to maximize value.
What Does BrightTree Studios Do?
BrightTree Studios provides technology design and consulting services across four areas: audiovisual, IT/telecom, security and acoustics. Founded and headquartered in Warrendale, Penn., the firm serves higher education, healthcare and corporate clients.
Who Is the Buyer?
BrightStar Capital Partners is a New York-based middle-market private equity firm that acquired BrightTree Studios. The purchase adds BrightTree to Brightstar’s architecture and design platform, which already includes KZF Design and Erdman. The platform gives BrightTree access to resources for expanding its capabilities and pursuing new opportunities.
What Did BrightTree Studios Say About the Deal?
Bill McIntosh, RCDD, PMP, CTS-D, Co-Founder and President of BrightTree Studios, credited the DAK team with finding the right long-term home for the company. “The DAK team demonstrated a deep understanding of the market and strong relationships with potential buyers. Their thoughtful outreach and strategic guidance were instrumental in identifying the right long-term home for BrightTree Studios,” McIntosh says. “Their patience with us as first-time sellers and ability to recognize when to remain measured and when to push forward were invaluable in bringing the transaction to a successful close.”
What Did DAK Group Say About the Partnership?
Fuchs points to BrightTree’s capabilities and reputation as the foundation for the deal. “BrightTree Studios built an exceptional company with differentiated capabilities and an outstanding reputation,” he says. “This partnership with Brightstar and its growing architecture and design platform provides BrightTree with the resources and support to expand its capabilities, pursue new opportunities and continue building on its success.”
