**Deal Announcement: DBI Architects was acquired by GF (GreenbergFarrow)
Las Vegas, NV, March 5, 2024 - Blackcastle is pleased to announce the sale of DBI Architects to GF (GreenbergFarrow).
DBI Architects ("DBI") was established in 1973 and is one of the oldest Architecture and Interior Design firms in the Greater Washington D.C. area. The Company has 34 employees based in their headquarters in Reston, VA. DBI provides master planning, architecture, interior architecture & design, stealth design, extended construction contract administration, furniture management, and move management/facility management services. DBI's clients include the commercial and residential real estate communities, federal government agencies, corporations and technology firms, the hospitality and restaurant industry, and local, national, and international organizations.
For more information about DBI Architects, visit https://www.dbia.com/
GF (GreenbergFarrow) is an architecture, engineering, and development services firm founded in 1974. Based in Atlanta, GA, the firm has eleven offices across the United States and international offices in Hong Kong, Singapore and Mexico City. GF’s nearly 300 talented professionals specialize in large-scale retail and urban mixed-use developments, specialty retail and restaurants, and luxury high-rise residential developments. Services include pre-development zoning, land use studies, branding and prototype development, architectural and engineering design, project management, and construction administration. Clients include IKEA, Related Companies, Meijer, Vornado, Victoria’s Secret, Toll Brothers, Bath & Body Works, Whole Foods Market, Acadia, The Home Depot, Michaels, Murphy USA, Circle K, Clean Energy, and Texas Roadhouse. GF is ranked in Building Design + Construction Magazine’s top 200 Architecture and Engineering firms. For more information about GF, visit https://greenbergfarrow.com/
Blackcastle acted as an exclusive advisor to DBI Architects. The transaction closed in March 2024; the terms of the deal were not disclosed.
Blackcastle is a mergers and acquisitions (M&A) advisory firm providing consulting services to AEC clients in the United States and Canada. Our mission is to help business owners achieve their exit or growth objectives while creating greater opportunities for all shareholders and employees. Blackcastle's experienced advisory team has completed numerous merger and acquisition transactions and has an established network of strategic and private equity buyers. For more information about us and our services, please visit our website at blackcastle.us.
See Blackcastle's latest news and deal announcements on our News/Blog page and by following our company LinkedIn page.
Blackcastle
(949)614-5564
Interested in exploring your M&A options?
We are seeking sell-side mandates with the following criteria:
Company Size:
- Revenues: $2 million - $100 million
- EBITDA: $0.5 million - $15 million
Services:
- Architecture / Interior Design
- Building Eng.
- Civil Eng.
- Construction/Project Management
- Environmental Services
- Fire and safety Eng.
- Geomatics
- Geotechnical Eng.
- Highways and Bridges Eng.
- Land Development
- Landscape Architecture
- Mechanical Electrical Plumbing (MEP) Eng.
- Planning Services
- Program & Project Management
- Structural Eng.
- Transportation Infrastructure Eng.
- Water and Wastewater Eng.
Geography:
- United States
- Canada
Characteristics:
- Sustainable profit margins
- Compelling growth opportunities
- Competitive advantages
Management team:
- Owner(s) seeking to retire/exit within 2-5 years
- Management team looking for partnership opportunities to grow the business
- Strong next-generation leadership
