Washington, DC and Pittsburgh,
PA (September 9, 2007) -- FOCUS, a national middle
market investment banking firm providing merger, acquisition
and corporate finance services, which is a member of the
Business Growth Alliance, LLC (www.bgallc.net), announces
Fred Rock has joined FOCUS as a Managing Director in Pittsburgh,
PA. Mr. Rock has more than three decades of M&A and
business advisory experience with a concentration in the
manufacturing, energy, franchising and distribution industries.
“We are delighted with Fred’s decision to join
our firm as he brings years of experience in many different
industries to FOCUS. In addition, as Managing Director
in Pittsburgh, PA, Fred expands our geographic reach, a continuing
goal of FOCUS,” said Douglas Rodgers, Chief Executive
Officer of FOCUS.
Prior to joining FOCUS, Mr. Rock was a Managing Director
of Source Growth Capital, LLC, an affiliate of Source Companies,
LLC (Source), a growth advisory and investment banking firm,
which is also a member of the Business Growth Alliance, LLC
(BGA). While with Source, Mr. Rock served clients as their
strategic business advisor and investment banker, advising
clients on matters relating to strategic and operations planning,
including evaluating, financing and structuring new or growing
business ventures, as well as executing acquisitions and
sales of businesses.
Mr. Rock’s transition from Source to FOCUS is a part
of the planned expansion of each company as part of BGA’s
ongoing national expansion and professional team realignments,
which are designed to better service various segments of
the middle market. “The transition of Fred Rock from
Source to Focus underscores both the growth and success of
BGA and, also, the collaboration among BGA firms to deliver
effectively aligned teams to provide support for middle market
companies”, said James Bly, the Co-Chairman of BGA
and CEO of Source.
Prior to affiliating with Source, Mr. Rock was a Shareholder
with Alpern Rosenthal in Pittsburgh, Pennsylvania, the largest
independent accounting firm in Western Pennsylvania. Mr.
Rock also served as a member of the executive committee of
the firm and was the director of the firm's manufacturing
services, and merger and acquisitions services groups.
During his 15 year tenure there, he helped build the firm
from 40 to 170 people. Prior to 1989, Mr. Rock was a partner
of Touche Ross (now Deloitte & Touche), a national CPA
firm, where he directed its Pittsburgh Office's Privately
Held Business Group and was a national service director for
mergers and acquisitions, and a member of its National Enterprise
Board.
Mr. Rock has a BS in Accounting from Syracuse University
and he has completed the Wharton School of Business, University
of Pennsylvania, Advanced Management Training curriculum.
Mr. Rock is a Certified Public Accountant (CPA) and is a
member of the Pennsylvania Institute of Certified Public
Accountants and the American Institute of Certified Public
Accountants, where has served on the National Small Business
Advisory Committee. Mr. Rock also serves on the board of
directors of several charitable and civic organizations and
was an advisor to the U.S. Senate Coal Caucus. He resides
in Pittsburgh, Pennsylvania.
About Business Growth Alliance, LLC
Business Growth Alliance, LLC (BGA) (www.bgallc.net)
believes that family-owned and middle market businesses are
materially important contributors to the betterment of regional
economies and the social fabric within communities. BGA has
carefully selected and organized a National Affiliate Network
of seasoned, professional services firms, which are dedicated
to providing growth advisory and investment banking services
to middle market and family-owned companies and their principals.
In addition to their core growth advisory and investment
banking services, BGA Member Firms collaborate to address
the Three Cornerstones that are needed by most successful
middle market companies: Growing Business Value, Managing
Capital and Liquidity, and Perfecting Governance and Control.
The ten current Affiliate Members of BGA include: de Visscher & Co.,
Source Companies, LLC, FOCUS, yet2.com, The Pursuit
Group, Tenzing Consulting, Alliance Cost Containment, Value
Defined Middle Market, LLC, Asher Training, and US China
Business Solutions Inc.
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. FOCUS bankers are
seasoned operating and financial executives with extensive
transaction experience. Securities transactions are conducted
by affiliated FINRA broker dealer, Wm H. Murphy Co. For more
information on FOCUS, visit www.focusbankers.com.
About Source Companies, LLC
Source Companies LLC (Source) is a leading multi-disciplinary
professional practice that provides services related to the
strategic growth, capital formation, owner liquidity, and
business transition needs of larger privately owned businesses
and their controlling owners. Source specializes in providing
such services to family-owned and other closely held, medium
sized businesses. Source, which is headquartered in Sewickley,
PA, has regional offices in Allentown, PA; Cincinnati, OH;
New York, NY; Toledo, OH; and Washington, DC. For more
information on Source, visit www.sourcecos.com.
Source is a founding member of Business Growth Alliance,
LLC. |