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Follow on Google News | PBK Architects, Inc. Received Strategic Investment from DC Capital PartnersDC Capital Partners was familiar with PBK's government focus, already having made similar investments in architecture firms, AMA and Pond & Co., both of whom work predominantly with US federal government clients. Despite the turmoil in the markets, both sides were able to hold up their end of the originally agreed bargain though not without a bit of mutually beneficial maneuvering. PBK Founder and Executive Chairman Dan Boggio commented, "Benchmark, along with our legal team at Nelson Mullins and our accounting team at Weaver, just kept plugging away no matter what was going on outside the deal. The number of issues that needed to be addressed, negotiated, and implemented in a deal like this was apparently endless. The ways that we and DC Capital had to come together to address some unprecedented events precipitated by the pandemic and the creative solutions our team generated were absolutely amazing. My partners and I are so glad that we had the opportunity to work with this great team. I don't know that this would have gotten done, even in regular times much less the first half of 2020, without them." PBK's efforts were led internally by CO-CEO and COO Chris Cunico. He added, "We really appreciated the way Benchmark led us through this process. All the decisions were ours to make. They continuously provided the data, inputs, and experienced insights that set us up to make the best possible decisions throughout the relationship. They were patient with us when we wanted to move slowly and led the charge whenever we wanted to move ahead aggressively." DC Capital was assisted on the transaction by Arnold & Porter, Ernst & Young, and Aon Advisory. ABOUT PBK ARCHITECTS, INC. For more than 35 years, PBK has served as an award-winning pioneer for architectural and engineering design solutions for clients in education, healthcare, sports and corporate business. www.pbk.com ABOUT DC CAPITAL PARTNERS DC Capital Partners is a private equity investment firm focused on making control investments in middle market, U.S.-based, Government Contracting, Defense Technology, and Engineering & Consulting Services businesses. Learn more at www.dccp.com ABOUT BENCHMARK INTERNATIONAL Benchmark International's global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $6 billion across various industries worldwide. With decades of global M&A experience, Benchmark International's deal teams, working from offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses. www.benchmarkintl.com End
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