Ridgewood-based investment bank DAK Group successfully orchestrated the sale of its client, BrightTree Studios, to New York-based private equity firm BrightStar Capital Partners.
Headquartered in Warrendale, Pennsylvania, BrightTree Studios is a technology design and consulting firm specializing in audiovisual, IT and telecommunications, security, and acoustics systems for higher education, health care, and corporate clients. Following the transaction, BrightTree will join BrightStar’s growing architecture and design platform, which includes established entities like KZF Design and Erdman.
Serving as the exclusive financial advisor to BrightTree, DAK Group initiated and steered the competitive transaction process, managing outreach and negotiations to maximize value for the first-time business sellers.
“The DAK team demonstrated a deep understanding of the market and strong relationships with potential buyers,” Bill McIntosh, co-founder and president of BrightTree Studios, said. “Their thoughtful outreach and strategic guidance were instrumental in identifying the right long-term home for BrightTree Studios.”
The transaction was led at DAK Group by Managing Director Ari Fuchs, alongside Director Andrew Mabey, Senior Associate Jesse Del Buono, and Senior Analyst Cecilia Zhou.
“BrightTree Studios built an exceptional company with differentiated capabilities and an outstanding reputation,” Fuchs said. “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.”
