FOCUS' Southeast Office Expands to Charlotte by Joining with Madison Cabe Group, LLC. Addition of Two Veteran Health Care Executives Strengthens FOCUS' Health Care Division.
Atlanta, GA (September 10, 2007) - FOCUS, LLC, a national investment banking firm providing merger, acquisition and corporate finance services to middle-market companies, announces an expansion into Charlotte, N.C. from its combination with Madison Cabe Group, LLC, an M&A firm offering transaction advisory, operational, strategic and exit planning services. Other FOCUS Southeast offices include Atlanta, Jacksonville and Memphis.
"The addition of Madison Cabe Group strengthens FOCUS across the nation, but more importantly, it provides us with an even stronger presence in the southeast," said George Shea, regional managing partner of the FOCUS Southeast office. "The firm's experience in the Charlotte M&A market will be an asset to the growing Southeast region."
As a 25-year veteran of the M&A industry, Matthew J. Horgan of Madison Cabe Group will join FOCUS as managing director in Charlotte. Before Madison Cabe Group, he served as president of three venture backed technology companies and as a certified public accountant with Ernst & Young. As an operating executive, Horgan led a venture capital backed acquisition of a $3 million revenues wireless company with six employees and grew the company to $125 million in revenues with 750 employees throughout the southeast.
"FOCUS' resources and full advisory team combined with Madison Cabe Group's strong M&A experience makes this a natural next step for both of us," said Horgan. "The value add to our clients is significant."
In addition to the Charlotte expansion, FOCUS' Southeast office has hired Robert Moore and Mark Braunstein as senior advisors to grow the firm's health care division.
Prior to joining FOCUS, Moore served as partner and senior vice president for HealthAmerica Realty Group, LLC, a national medical real estate company. He co-founded Surgicoe, an out-patient ambulatory surgery center management company, and Gates, Moore & Company, a national physician practice management company.
Braunstein joins FOCUS after previously serving as co-founder, chairman and CEO of Patient Care Technologies, Inc., a leading provider of electronic patient record and care management systems to the home care industry. Before Patient Care Technologies, he co-founded PROHECA, an early developer of clinical pharmacy systems, which was acquired by the National Data Corporation (NDC). At NDC, Braunstein served as the company's President and COO.
The announcement of joining with Madison Cabe Group comes on the heels of a multi-city acquisition deal with Alexandria-based Education Capital, LLC and Chicago-based Floberg and Associates.
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.