Baton Rouge-based Bernhard Capital Partners on Thursday announced the establishment of a dedicated institutional program management platform through the acquisition of Brailsford & Dunlavey.
Based in Washington, D.C., Brailsford & Dunlavey is a multidisciplinary development advisory and program management company serving educational institutions, municipal agencies, nonprofits and sports venues. The firm’s advisory work entails project planning, implementing and overseeing project activities and improving operational efficiency of existing assets.
According to a statement, Bernhard Capital’s investment in Brailsford & Dunlavey has facilitated the creation of an IPM platform that will seek to provide critical program management services to a variety of “growth-oriented and operationally complex organizations” across the country.
“We’re confident that Brailsford & Dunlavey’s talented team and existing customer relationships across its business segments will serve as a strong foundation for the success of our IPM platform,” says Mark Spender, partner at Bernhard Capital.
Financial terms of the transaction were not disclosed.
