Tag Archives: association for corporate growth

Christine Nowaczyk New Photo

Christine Nowaczyk earns national honor

One of the leaders of both the Association for Corporate Growth’s Arizona Chapter and the Valley banking community is being recognized with a prestigious honor.

ACG has named Christine Nowaczyk, Senior Vice President for Bank of Arizona and former President of ACG-Arizona, as a recipient of the 2015 Meritorious Service Award. The award is the highest honor ACG bestows on its members, with Nowaczyk being one of just seven recipients this year out of the more than 14,000 ACG members globally.

Nowaczyk will receive the honor at the 2015 Intergrowth Conference, ACG’s signature global event, which will be held in April in Orlando, Florida.

In a letter to Nowaczyk, ACG’s Chairman of the Board, Doug Tatum, wrote, “This award is a symbol of the admiration and esteem in which you are held by your peers and is the highest honor we award.  I want to join them in saluting you for your leadership and contribution to ACG.  Because of you, ACG is stronger, healthier and more valuable to members than ever before.”

Nowaczyk said she was surprised and gratified by the recognition, and pleased to join the company of such a select group of leaders in ACG worldwide.

“I am very humbled to be recognized with the Meritorious Service Award by ACG,” she said. “While this is an individual award, it was made possible by the many people in ACG-Arizona who have worked tirelessly to advance the organization and its goals for economic growth and development over the years. I would like to thank my colleagues in the organization locally as well as at Bank of Arizona for their support over the years, and would also like to thank ACG for this recognition.”

Nowaczyk leads Bank of Arizona’s corporate banking line of business.  In this role, Christine’s team of professionals advise companies on capital and operating strategies and deliver a full array of banking solutions including debt, syndications, treasury, institutional brokerage and corporate trust services.  Christine serves on the Bank of Arizona Advisory Board, is a member of the Bank’s senior leadership team and represents the organization in the community.

Sanat Patel, current President of ACG-Arizona, said Nowaczyk’s award is extremely well-deserved.

“Christine has been a great friend and professional who has greatly advanced ACG-Arizona in our business community,” Patel said. “I can think of no one more deserving of such recognition, and on behalf of the Board of Directors of ACG-Arizona, I wholeheartedly congratulate Christine for this honor.”

Founded in 1954, the Association for Corporate Growth (ACG) is a global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions. Today ACG stands at more than 14,000 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 56 chapters in North America, Europe, and Asia. The Arizona chapter of ACG includes representatives from corporate investment and private equity groups, financiers, venture capitalists and supporting consultant services. For more information, visit www.acg.org/arizona.

Bank of Arizona is part of BOK Financial Corporation, a $29 billion regional financial services company based in Tulsa, Okla. The company’s stock is publicly traded on NASDAQ under the Global Select market listings (symbol: BOKF). BOK Financial’s holdings include BOKF, NA, BOSC, Inc. and The Milestone Group, Inc. BOKF, NA operates the TransFund, Cavanal Hill Investment Management, MBM Advisors and seven banking divisions: Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City, Bank of Oklahoma, Bank of Texas and Colorado State Bank and Trust. Through its subsidiaries, the company provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bokf.com.

Matt Likens - AZ Business Magazine January/February 2012

$600M sale of Ulthera named Deal of the Year for 2014

The $600 million purchase of Mesa-based Ulthera, Inc. by German company Merz Pharma was selected as the 2014 Deal of the Year Award by the Association for Corporate Growth-Arizona Chapter.

The “Deal of the Year” is an award given by the Arizona Chapter of the Association for Corporate Growth (ACG) to recognize a company or private equity firm for their accomplishments regarding a merger, acquisition or capital market transaction.  The award recognizes a deal/transaction in the Arizona marketplace involving established businesses with between $10 million and $750 million of revenue that closed in calendar year 2014.

The Deal of the Year Award was given Tuesday night at a dinner at the Arizona Biltmore. Vonage’s purchase of Scottsdale-based Telesphere Networks in a $114 million transaction was the runner-up for the award.

“This is an example of a merger and acquisition that was truly a win for the companies involved and for Arizona’s economy,” said Sanat Patel, Board President for ACG-Arizona. “We congratulate the team behind the Ulthera purchase for their hard work in creating a transaction that has helped an Arizona company expand its global presence.”

Ulthera, Inc. is a venture capital-funded start-up company that was established in Mesa in January, 2004. Ulthera has developed a focused ultrasound approach to creating reliable and significant firming, tightening and lifting of facial skin tissue in one-hour non-invasive procedures.

Matt Likens, President & CEO with Ulthera, said that the transaction has strengthened Ulthera’s position in the marketplace significantly.

“Ulthera represents the only medical device within the Merz Pharma product portfolio,” Likens said. “Since the deal closed six months ago, our presence in Mesa has continued to expand. We are now positioned as the medical device center of innovation and excellence for Merz Pharma globally.”

The award criteria for the Deal of the Year included:

·       Deal-making that either created or demonstrates a real potential for substantial return on investment

·       Deal-making that evidences the unlocking of value and/or contribution to the strategic development of the business

·       Deal-making that produces a wider business impact, such as the development of new markets, products, services and/or technologies and the creation or retention of quality employment opportunities in Arizona

·       Deal-making that reflects a high level of professional expertise in the design of the transaction and tested creativity and deal-making skills in completing the transaction

·       At least one company involved in the transaction must be headquartered or have a majority of its operations in Arizona

Founded in 1954, the Association for Corporate Growth (ACG) is a global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions. Today ACG stands at more than 14,000 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 56 chapters in North America, Europe, and Asia. The Arizona chapter of ACG includes representatives from corporate investment and private equity groups, financiers, venture capitalists and supporting consultant services. For more information, visit www.acg.org/arizona.

167585360

ACG names finalists for ‘Deal of the Year’

Three finalists have been named for an award recognizing the most significant mergers and acquisitions transactions in Arizona.

The “Deal of the Year” is an award given by the Arizona Chapter of the Association for Corporate Growth (ACG) to recognize a company or private equity firm for their accomplishments regarding a merger, acquisition or capital market transaction.  The award will recognize a deal/transaction in the Arizona marketplace involving established businesses with between $10 million and $750 million of revenue that closed in calendar year 2014.

The three finalists for the award are:

• Vonage’s purchase of Scottsdale-based Telesphere Networks in a $114 million transaction. 

• Merz Pharma’s purchase of Mesa-based Ulthera, Inc. in a $600 million transaction. 

• Evergreen Pacific Partners’ purchase of Phoenix-based Vantage Mobility in a transaction valued between $50 million and $100 million (exact amount not disclosed for confidentiality reasons).

The Deal of the Year Award will be given out on March 10 at a dinner at the Arizona Biltmore. The ACG signature event begins with a networking session at 5 p.m. and culminates with the award presentation starting at 6:45 p.m.

“The three transactions nominated for Deal of the Year are ones that helped drive Arizona’s economy in 2014,” said Sanat Patel, Board President for ACG-Arizona. “These transactions have a profound effect on our economy, and this award is a recognition of the individuals and companies that were involved in helping move our state and our region forward.”

 

The award criteria are:

·       Deal-making that either created or demonstrates a real potential for substantial return on investment

·       Deal-making that evidences the unlocking of value and/or contribution to the strategic development of the business

·       Deal-making that produces a wider business impact, such as the development of new markets, products, services and/or technologies and the creation or retention of quality employment opportunities in Arizona

·       Deal-making that reflects a high level of professional expertise in the design of the transaction and tested creativity and deal-making skills in completing the transaction

·       At least one company involved in the transaction must be headquartered or have a majority of its operations in Arizona

Tickets for the March 10 event are available for $135 for ACG members and $155 for ACG non-members if purchased by midnight on March 3, and $155 for members and $175 for non-members after the 3rd. They may be purchased by visiting www.acg.org/arizona or calling 602-448-3981 or e-mailing acgarizona@acg.org

Founded in 1954, the Association for Corporate Growth (ACG) is a global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions. Today ACG stands at more than 14,000 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 56 chapters in North America, Europe, and Asia. The Arizona chapter of ACG includes representatives from corporate investment and private equity groups, financiers, venture capitalists and supporting consultant services. For more information, visit www.acg.org/arizona

167585360

Finalists announced for Arizona Deal of the Year

The Association for Corporate Growth-Arizona Chapter has announced the finalists for its prestigious “Deal of the Year” Award, which will be presented at the organization’s Southwest Mergers & Acquisitions Conference on May 14-15.

The three finalists are:

— The merger of E.B. Lane and Terralever into LaneTerralever, which was nominated by JDB Capital Partners, LLC.

— Recapitalization of QK, Inc. by Cave Creek Capital, Stewart Capital and Seacoast Capital, nominated by Greene Holcomb Fisher.

— Sale of Pinto Valley Copper mining and milling operations and related railroad company, nominated by Polsinelli.

The Southwest Mergers & Acquisitions Conference will conclude with the presentation of the ACG-Arizona 2014 Deal of the Year Award, a coveted honor given annually to a company or private equity firm in recognition of their accomplishments in Arizona’s mergers and acquisitions or capital markets marketplace. The award will recognize a deal/transaction in the Arizona marketplace involving established businesses with between $10 and $750 million of revenue that closed in the 2013 calendar year.

Additionally, the conference program will include exceptional speakers and content for the business community, including:

— Breakfast Keynote with Jim Huntinger of BOK Financial

— Breakfast Keynote with Anthony LeBlanc of the Phoenix Coyotes

— CEO Panel Discussion in Morning Breakout Session

— Lunch Keynote with Douglas Holtz-Eakin, economic policy expert

— Afternoon breakout sessions featuring Private Equity and Credit Market updates

“We are pleased to be able to recognize these three exceptional transactions which have had a positive effect on Arizona’s economy,” said Sanat Patel, President of the ACG-Arizona Chapter Board of Directors. “These are perfect examples of how middle-market transactions are helping create economic growth and job development in our state and the country as a whole.”

Endeavour Capital’s purchase of Arizona Nutritional Supplements was recognized as the 2013 Deal of the Year last year.

The conference will be held at the Fairmont Scottsdale Princess Resort, where a room block for attendees is available. Registration is $310
for ACG members who sign up in advance and $410 for non-members. At-the-door registration is $365 for members and $465 for non-members.

The conference will kick off on May 14 at 1 p.m. with a Golf Event at the Tournament Players Club of Scottsdale. The golf event is open to all registrants for the conference and is $195.

Conference sessions will take place on May 15, and will begin with an 8 a.m. breakfast featuring Huntzinger and LeBlanc as breakfast keynote speakers. After the morning CEO panel, lunch will be served and the Keynote Luncheon Speaker will be Holtz-Eakin.

A distinguished policy advisor, academic, and strategist, Dr. Doug Holtz-Eakin is skilled at forecasting policy changes on the horizon and recommending sound strategies for mitigating risk to your industry. He has served at the highest levels of government concerned with economics and is well-known on Capitol Hill and in Washington’s top think tanks. Having been involved in policy, politics, campaigns, and elections, he addresses economics from all points of view with his well-rounded expertise.

For more information or to register for the conference, visit www.acg.org/arizona, e-mail the chapter at acgarizona@acg.org, or call 602.448.3981.

Jim Teter, Goodwill - AZ Business Magazine November/December 2011

Jim Teter, Goodwill Industries of Central Arizona

Jim Teter, president and CEO of Goodwill Industries of Central Arizona, discusses how the economic bust has affected Goodwill, why they’ve seen an increase in donations, employment at Goodwill, its future and more.

Jim Teter

Title: President and CEO
Company: Goodwill Industries of Central Arizona


Why did you decide to move to a nonprofit after all your years of success in for-profit industries?

I’ve always had a lot of respect for Goodwill’s mission and Goodwill’s board of directors was looking for a little bit different direction as we continued to grow. They were looking for someone that had business experience because we operate Goodwill like a business, but they also wanted someone who had some nonprofit experience as well. I’ve been involved in nonprofits as a volunteer for over 25 years, but I’ve run larger business operations. I think the board of directors found that appealing. It’s given me a chance to use all my experience to help make a difference for Goodwill. At the end of the day, that’s what it’s about: helping Goodwill be all it can be as we grow and get bigger.

Has the economic bust been a boon for Goodwill?

Because of the nature of what Goodwill does, which is a thrift retail business, we tend to fare a lot better in difficult economic times than most businesses. Up until 2007, we were growing 20 to 22 percent a year. In the years during the recession we’re still growing at 11 or 12 percent a year and reaching thousands and thousands of people and helping serve them. So this has been an opportunity for us to introduce some new people to Goodwill because a lot of people are looking for the values that they find when they shop at Goodwill, so our customer counts are up and our revenues are up. Those are all good things.

Are you seeing a shift in donations?

What we’ve found is that people tend to hang on things a little bit longer. People are not donating quite as much as they did before the recession. But the good news is we have more people donating. Our donation counts are up about nine percent year over year. I think that’s because people know that we are going to get the most value out of their donations, and we help a lot of people prepare for and find work. That’s what we are all about: helping people find work.

How has the increased unemployment rate impacted Goodwill’s goal of putting people to work?

People that are coming in the career centers today are quite diverse in their backgrounds and their experiences. Generally speaking, we still have a lot of entry-level employees that are seeking jobs, but we get a little bit of everything these days. We have people that have college degrees, masters degrees, PhDs. What we offer them is, at no cost to them, a very convenient way to go build resumes, learn skills they didn’t have so they can move into a different industry. A lot of people are finding that attractive and taking advantage of that.

Where do you see Goodwill ten years from now?

We believe we can continue to grow and help more and more people. The only reason we want to be bigger is because we can reach out and serve more people, help more people prepare for and find jobs. I kind of wish we could put ourselves out of business, but I don’t think that’s going to happen. We will be the first thing that comes to mind when people ask, ‘Who can help someone with employment and job training? That’s Goodwill.’ That’s where we would like to be in the next five to ten years.

Vital Stats: Jim Teter

    • Joined Goodwill in 2008
    • Before Goodwill, was Chief Operating Officer of Calence, LLC in Tempe
    • Graduate of Texas Tech University with a bachelor of science degree in industrial engineering
    • Has more than 26 years of experience with high-profile corporations such as IBM and Avnet
    • Co-chaired South Texas United Way’s business campaigns, served on the Board of the American Heart Association, was an active member of the Corpus Christi Economic Development Corporation and served on the external executive committee for Texas A&I University (now part of the Texas A&M University System)
    • Actively supported Respite Care of San Antonio, Hacienda de los Angeles in Phoenix and Paiute Neighbor Association in Scottsdale
    • Member of the Association for Corporate Growth, Arizona Business Leadership, Phoenix Community Alliance, Organization for Non-Profit Executives and Greater Phoenix Leadership

Arizona Business Magazine November/December 2011