Bernhard Capital-Backed Grace Design Studios Develops Mid-Atlantic Footprint with Acquisition of CRGA Design

Leading architecture, engineering, and consulting (AEC) firm Grace Design Studios (Grace) recently announced its acquisition of CRGA Design (CRGA). Baltimore-headquartered CRGA is a healthcare-focused architecture, interior design, and planning firm specializing in acute care, ambulatory care, private physician practices, and senior and other long-term care facilities. Grace is a portfolio company of firm client Bernhard Capital Partners (Bernhard Capital), a Baton Rouge-based services and infrastructure-focused private equity management firm. Read Grace’s full press release here.

This most recent acquisition is the eighth strategic addition to Bernhard Capital’s AEC platform, expanding Grace’s presence in Maryland, North Carolina, and South Carolina. Earlier this year, the then-named GHC|orcutt winslow acquired Straughn Trout Architects, a Florida-based firm specializing in architectural development, site design and planning, interior and experiential design, and engineering coordination for educational, municipal, and commercial projects. Read about that acquisition here.

“Grace continues to scale through strategic partnerships with market-leading firms that provide the full suite of technical services to mission-critical sectors,” said Bernhard Capital Managing Director Patrick Bernhard.

Fishman Haygood served as legal counsel to Bernhard Capital Partners. The team was led by Scott Chenevert, Marina Speligene, and Megan Broussard.

Our attorneys represent acquirer and target companies in a variety of transactions involving mergers, negotiated stock acquisitions, asset acquisitions, and other corporate restructuring transactions. Click here to read more about the firm’s M&A group.