Aphias Capital has backed SNZweig, a newly formed advisory platform created through the combination of Stambaugh Ness and Zweig Group, according to PE Hub.
SNZweig was formed through the combination of York, Pennsylvania-based Stambaugh Ness and Fayetteville, Arkansas-based Zweig Group, according to PE Hub.
Transaction summary
The PE Hub report identifies Aphias Capital as the backer of SNZweig, according to PE Hub.
The same report describes SNZweig as formed through the combination of Stambaugh Ness and Zweig Group, according to PE Hub.
The combined platform
SNZweig is billed by the companies as the first national advisory platform built exclusively for architecture, engineering and construction firms, according to PE Hub.
The two firms combined into SNZweig are headquartered in York, Pennsylvania (Stambaugh Ness) and Fayetteville, Arkansas (Zweig Group), according to PE Hub.
Source and publication details
The item is categorized under “Business Services” and tagged “Business Services” and “US” in the PE Hub posting, according to PE Hub.
The PE Hub post states that “The post Aphias Capital backs SNZweig, formed from Stambaugh Ness-Zweig merger appeared first on PE Hub,” according to PE Hub.
Context
Private equity firms and other investors sometimes back newly formed advisory platforms that are created by combining existing businesses, a widely known approach in business services.
Architecture, engineering and construction is widely known as an industry grouping often abbreviated as AEC.
