Chicago, IL
and Washington, DC (September 4, 2007) -- FOCUS,
LLC, a national investment banking firm providing merger,
acquisition and corporate finance services to middle-market
companies, announces it has joined with Floberg and Associates,
LLC, a Chicago firm specializing in financial consulting
and merger and acquisition (M&A) advisory services
to private and closely-held middle market companies.
“FOCUS’ expansion with Floberg and Associates,
LLC is part of a recent multi-city acquisition plan to provide
broader resources to meet the growing needs of mid-market
companies,” said Doug Rodgers, CEO of FOCUS. “In
a highly competitive market, our strategy is to expand FOCUS’ geographic
sphere and industry sector coverage. The addition of Floberg
and Associates, LLC, gives us a stronger position in the
Midwest, a region showing great potential for FOCUS’ services.”
Fred Floberg, Manager of Floberg and
Associates, LLC, will join FOCUS as regional managing director
of the Chicago-based Midwest office. Floberg has more than
25 years experience in investment banking with a concentration
in M&A advisory
work for a broad range of industries including industrial
products and services and capital goods. “We are pleased
with Fred’s decision to fold his practice into the
FOCUS family,” said Michael Zook, a managing director
in the FOCUS Midwest office. “Fred has an impressive,
long-standing history in Chicago, and he will play a pivotal
role in the growth of the Midwest division.”
Prior to founding Floberg and Associates, LLC, Floberg had
served as managing director at Ocean Tomo, LLC, where he
specialized in the sale of valuable intellectual property
portfolios for Fortune 100 companies. Floberg gained other
financial, management and business experience at Heller Financial,
Inc., a GE Capital Company; ABN AMRO, Inc.; The Chicago Dearborn
Company; First Chicago Corporation; and Smith Barney. Prior
to his investment banking career, Floberg practiced corporate
law.
The Floberg and Associates, LLC announcement
follows FOCUS’ affiliation
with Alexandria, VA based Education Capital, LLC, which will
increase FOCUS’ presence in the education and training
sector.
About FOCUS, LLC
FOCUS, LLC provides a range of middle market investment banking services across the U.S. with an emphasis on mergers, acquisitions, divestitures and corporate finance. FOCUS is headquartered in Washington, D.C. with regional offices in Atlanta, Chicago and San Francisco. FOCUS specializes in business units with transactions or revenues in the $5-300 million range, serving entrepreneurs, corporate owners and various types of investors across a broad range of industries, throughout the US and worldwide. All 28 FOCUS bankers are seasoned operating and financial executives with extensive transaction experience. For more information on FOCUS, visit www.focusbankers.com. |