Washington,
DC (January 20, 2003) – FOCUS Enterprises, Inc.,
the region’s premier investment banking and consulting
firm providing merger, acquisition and corporate finance services
for middle-market and smaller company clients, today announced
that three new Partners have joined the firm. Announcing that
former C-Level executives Ed Stevens, Manan K. Shah and Mark
L. Capaldini have joined the firm comes as FOCUS Enterprises
closes out 2002, with record revenues and profits. FOCUS recorded
a prosperous 2002, with completion of four major transactions,
and expects significant growth in 2003, due to a strong pipeline
and the addition of the new Partners to continue the momentum.
“Adding these seasoned professionals to
our team reinforces the unique value proposition this firm
offers to our clients,” explained Marshall Graham, Chairman
of FOCUS Enterprises. “Each Partner in our firm brings
significant C-Level operating experience to client engagements,
which is invaluable in this current mergers, acquisition and
corporate finance environment. Our team understands the ‘value
drivers’ of any potential transaction from an operating
management position; a perspective which delivers a level
of service far broader than the typical investment banking
professional.”
Joining FOCUS is Ed Stevens, a seasoned financial
and operations veteran with more than 25 years of senior level
experience as CFO and a board member with four high growth
public companies. Previously, he was President of the Stevens
Group, after serving as CFO and board member of The Peak Technologies
Group, the largest international industrial bar code systems
provider, which grew from $20M to $300M during his tenure.
Mr. Stevens also held positions as CFO, board member and senior
level executive with Electrocomponents, an international direct
marketing distributor of technology products and services;
KLP Investments, an international marketing services organization;
and, the Whitlock Corporation, a specialty retailer of automotive
parts and accessories.
Mr. Shah has more than twelve years of consulting
and management experience, providing financial advisory, M&A,
strategic and corporate development-related consulting services
to mid-size, technology based companies and government contractors.
Until recently, he was a Vice President of S3, an investment-banking
firm serving companies with revenues of $20M to $50M. Previously,
Mr. Shah founded two software companies. He was President
and CEO of Creative Technology, a next generation broadband
application company; Vice President of Digital Reach, a human
asset management software company; and, Director at ERP Technologies,
an ERP systems integrator. Mr. Shah also served as a Principal
at Cap Gemini, a global systems integrator.
Prior to becoming a FOCUS Partner, Mark Capaldini
was President of three companies in the specialty publishing,
information services, and database sectors, ranging up to
approximately $50 million in revenue. He served as President
and COO of PC Data; President and CEO of Congressional Information
Service, a subsidiary of LEXIS-NEXIS and Reed Elsevier; and,
President of LEGI-SLATE, a subsidiary of The Washington Post
Company. Mr. Capaldini was, formerly, Managing Director at
MCG Capital, a publicly traded middle-market specialty finance
company firm in Arlington, Virginia.
The three newest Partners join Douglas E. Rodgers
and Alain Chetrit, who joined FOCUS Enterprises earlier during
2002. Mr. Rodgers has CEO experience in software, information
technology, aerospace, e-commerce, manufacturing and distribution.
Previously, he was Vice President of the Strategic Business
Solutions unit of Holland & Knight Consulting LLC. Prior
to consulting, he had 15 years of CEO experience including
President and CEO of Corcentric, Inc., an e-commerce services
provider spun off from Litton Enterprise Solutions; CEO of
Global Software Corporation; and, President and CEO of Perfection
Equipment. Prior to FOCUS, Mr. Chetrit was CEO of First Regional
Telecom, where he took the company from a regional telecommunications
company to a full-service communications solutions provider.
Prior to First Regional Telecom, Mr. Chetrit owned a majority
interest in HBS Holdings, the holding company for Hugo Boss
stores, where he held the title of President from 1987 to
1995. Detailed biographies of FOCUS Partners and professional
staff are available at www.focusbankers.com.
About FOCUS Enterprises, Inc.
FOCUS Enterprises is the region’s first
investment banking firm that focuses solely on the needs of
mid-market and smaller company clients providing merger, acquisition,
divestiture, corporate finance and strategic partnering services
combined with corporate and strategic development consulting
services. The firm, founded in 1982, has developed a unique
business approach that integrates process-based transaction
advisory services with strategic and corporate development
consulting services to meet the investment banking needs of
its clients. To find out more about the specialized services
of Washington, D.C.-based FOCUS Enterprises, visit www.focusbankers.com. |