Sewickley, PA, and Louisville, KY (July 17, 2007).
Business Growth Alliance, LLC (BGA) is pleased to announce that Alliance Cost
Containment (ACC), a leading procurement services firm, has joined BGA’s
growing network of Affiliates. ACC, founded in 1992 in Louisville, KY, specializes
in cost reduction, group purchasing and vendor management for middle market
companies. ACC’s purchasing aggregation and vendor management processes
have generated cost reduction and process efficiencies for more than 500 businesses
in the $10 million-to-$500 million revenue range. Like other BGA Member Firms,
ACC’s team of highly qualified professionals works closely with owners,
CEOs, CFOs and other senior level Executives of family-owned and middle market
companies. ACC’s professionals are located in the following markets: Louisville,
KY; Rockville, MD; Chicago, IL; Dekalb, IL, Atlanta, GA; Indianapolis, IN; Virginia
Beach, VA; Lexington, KY, Arlington, VA, Jamesville NY; Maplewood NJ; Plainsboro,
NJ; Dayton, OH; Cincinnati, OH; Los Angeles, CA; Raynham, MA, Newtown, PA, and
Monterrey, Mexico. Miles Lee, President of ACC said, “ACC is delighted
to be part of BGA, which is a unique and powerful group in the middle market.
We look forward to having the opportunity to provide cost containment services
to clients served by BGA’s Affiliates.” BGA has appointed Mr. Lee
to the BGA Advisory Board.
BGA, founded in 2005, is an expanding national alliance of
growth advisory and investment banking firms dedicated to providing services
to controlling owners of family-owned and middle market businesses. BGA has
assembled a strategic mix of market leading firms, which share back office data
platforms and research and business performance analytical tools. BGA is comprised
of ten Affiliate Member Firms aggregating a professional team, which by year
end 2007 should number roughly 200 professionals.
Manning J. O’Connor II, Executive Director of Business
Growth Alliance, LLC said, “BGA is very fortunate to have another industry-leading
Affiliate Member, with a stellar reputation like Alliance Cost Containment,
join the network of BGA Affiliates.” Mr. O’Connor added, “ACC’s
professionals bring valuable sourcing and procurement experience to the clients
of BGA member firms.”
“The addition of Alliance Cost Containment continues
to expand BGA’s national footprint. ACC has coverage in many of the key
cities throughout the U.S., which are included in BGA’s plans to be a
national service provider to middle market companies. BGA’s presence throughout
the U.S. will help better meet the needs of our national and international clients
and strategic marketing partners,” said Francois M. de Visscher, Co-Founder
and Co-Chairman of BGA.
“The addition of Alliance Cost Containment as a member
of BGA, in conjunction with Tenzing Consulting and US China Business Solutions,
which were two of the founding members of BGA, creates a powerful combination
and range of global sourcing and supply chain capabilities that can benefit
BGA clients,” said James C. Bly, Jr., Co-Founder and Co-Chairman of BGA.
Mr. Bly added, “With the addition of ACC, BGA can now offer a full range
of global sourcing and procurement services, unlike any other growth advisory
and investment banking firm which is today serving the middle market. The impact
of globalization and the related extensions in supply chains requires many middle
market companies to re-think their procurement and supply chain positioning
and strategy.”
ABOUT BGA
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 ACC
Alliance Cost Containment (www.alliancecost.com)
is a unique service firm based in Louisville, KY that was formed in 1994 to
help small and mid-sized businesses reduce their procurement costs on non-essential
supplies and services. Since then, ACC has saved over $50 million for more than
500 manufacturers, service firms, and non-profits across the U.S. ACC started
franchising its methodology and purchasing power in 2004, and today, it has
29 elite professionals across the U.S and Mexico reviewing and implementing
cost savings for its valued client base.
For further information, please contact:
Manning J. O’Connor II
Executive Director, Business Growth Alliance, LLC
Telephone (724)-933-6650 or Email: moconnor@bgallc.net
|
