Daily News: August 29, 2012

M&A Advisors, CFO Alliance Team to Serve Middle Market

With a shared focus on middle-market business and mutual goals to lead and facilitate knowledge sharing, development of a broader range of tailored solutions and relationship building within this vastly over-looked and under-served sector, the Alliance of M&A Advisors (Alliance) and The CFO Alliance (CFOA) announced a new business affiliation.

According to the chief executives of both organizations, this new strategic alliance will allow the two like-minded and leading middle-market professional communities to better serve and harness the resources, opportunities and players within this highly fragmented sector. Together The Alliance and The CFOA will undertake new market research, and combine and exponentially increase their capacities for live and virtual knowledge sharing, connecting all players – both business owners and professionals – in the segment. They will also work together toward building a new middle-market center of excellence.

In a statement Michael R. Nall, founder, the Alliance, said: “We are committed to serve the large and fragmented middle market, organizing and connecting people, ideas, and capital solutions in one place. Our members learn and earn more together, and so we are pleased to collaborate with The CFOA and others who share a focus on the middle market – those companies with revenues of $5 million to $500 million. Our new strategic alliance will allow us to better support our respective communities of middle-market business owners, C-suite executives, investors and the advisors who serve them.”

According to the CFOA’s Nick Araco, Jr., founder and CEO, “By joining together to leverage all of our many complementary relationships and resources, the independent members of both organizations will now be much better positioned to drive the individual and corporate performance of middle-market companies.”

The Alliance, based in Chicago, is an international organization, with 870-plus members, serving the educational and resource needs of the middle-market M&A profession.

To read the new release, click here.