WEST PALM BEACH, Fla., April 20 — Grovecourt Capital, a private equity firm focused on partnering with founder-owned businesses, today announced its investment in Guide Architecture, a Dallas-based healthcare-focused architecture and planning firm serving leading health systems across the United States.
Founded in 2014, Guide Architecture specializes in the planning and design of healthcare facilities, including hospitals, outpatient centers, behavioral health facilities, and medical office buildings. The firm partners with major healthcare providers on complex design projects and long-term capital programs, supporting clients across the full lifecycle of healthcare facility development.
Guide has built a strong reputation for delivering high-quality design with the agility and responsiveness valued by healthcare systems. The firm has the depth and capacity to execute across an entire healthcare portfolio, while remaining focused enough to provide hands-on, senior-led expertise on every project.
Grovecourt is partnering with Guide’s leadership team to support the firm’s next phase of growth, including investing in talent and technology, expanding its geographic presence, and pursuing strategic acquisitions that deepen its healthcare expertise and client relationships.
“Guide has built an exceptional platform rooted in deep client relationships, specialized expertise, and a strong culture,” said Alex Vargas, Managing Partner of Grovecourt Capital. “We are excited to partner with Mark, Jason, Cody, and the entire team to continue building on that foundation and supporting the firm’s long-term growth.”
Mark Criswell, CEO and Co-Founder of Guide Architecture, added: “We’re proud of the foundation we’ve built through strong relationships, a focused culture, and a commitment to quality. This next phase is about building on that foundation alongside Grovecourt—growing in a way that enhances our impact without changing who we are.”
The existing leadership team will continue to lead the business and will remain significant owners in the company.
Northwood Ventures, Energy Impact Partners LP, and Siguler Guff provided financing for the transaction.
Greenberg Traurig, LLP served as legal counsel to Grovecourt Capital, while Fredrikson & Byron, P.A. served as legal counsel and Benchmark acted as financial advisor to the sellers.
Financial terms of the transaction were not disclosed.
