Palm Beach Capital has invested in MBI Companies, an architecture and engineering design firm located in Knoxville, Tennessee. The financial details were not disclosed.

This investment aids in the initiation of PBC’s architecture and design services platform.

“MBI Companies is a well-established and respected leader in the industry, offering top-notch service and guided by an outstanding management team,” stated Nate Ward, co-founder and managing partner of Palm Beach Capital. “They hold a strong position in the markets they operate in, and we foresee significant opportunities for geographic expansion throughout the US.”