Creative Deal Structures and Strategic Alliances Key to Middle-Market Growth Throughout Balance of 2001

Association for Corporate Growth Unveils 1st Quarter Growth Survey Findings



Apr 25, 2001, 01:00 ET from Association for Corporate Growth

    CHICAGO, April 25 /PRNewswire/ -- The Association for Corporate Growth
 (ACG), the largest and oldest international organization of corporate growth
 and development professionals, announced today that its members expect that
 innovative deal structures and alliances will become the most popular means to
 grow middle-market companies throughout 2001.
     According to a recent on-line survey, which had almost 600 responses,
 86 percent of the participants view creative deal structures as increasingly
 important in a tight financial market where today's investors are more
 critical and borrowers are observing difficulty in seeking funds to grow their
 companies.  In addition, seventy-eight percent of the respondents say that
 alliances will serve as an alternative means to accelerate growth through
 technology and product distribution exchange throughout the remainder of the
 year.
     Russ Robb, ACG International's president and managing director of Atlantic
 Management Company, said, "Unlike the deals of the late 1990's, luring
 investors with stock as equity and a good business plan is not enough.  During
 the current capital market crunch, these survey findings show that 'cash is
 king' and bankers have to be more novel and less traditional in terms of
 packaging deals.  In addition, these results clearly state that companies must
 be proactive and choose partnerships or joint ventures to stay competitive."
     Another survey finding of note was that mezzanine financing was ranked the
 most sought after funding source for middle market companies that wish to
 avoid tapping the current capital markets.
 
     About the Association for Corporate Growth
     Founded in 1954, the Association for Corporate Growth is the premier
 association for and about professionals involved in middle-market corporate
 growth, corporate development, and mergers and acquisitions.  It promotes the
 professional interests of its members, who have assumed leadership roles in
 strategic corporate growth, by offering a forum for quality programs,
 education and networking.  ACG has nearly 5,500 members representing
 approximately 2,500 companies in 36 chapters throughout the United States,
 Canada and the UK.
 
     CONTACT:  General Information, Judy Iacuzzi of Association for Corporate
 Growth, 847-920-9030, or Media Inquiries, Glenn Eden, 312-274-2231, or Bill
 Schilling, 312-274-2274, both of BSMG Worldwide.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X84081452
 
 

SOURCE Association for Corporate Growth
    CHICAGO, April 25 /PRNewswire/ -- The Association for Corporate Growth
 (ACG), the largest and oldest international organization of corporate growth
 and development professionals, announced today that its members expect that
 innovative deal structures and alliances will become the most popular means to
 grow middle-market companies throughout 2001.
     According to a recent on-line survey, which had almost 600 responses,
 86 percent of the participants view creative deal structures as increasingly
 important in a tight financial market where today's investors are more
 critical and borrowers are observing difficulty in seeking funds to grow their
 companies.  In addition, seventy-eight percent of the respondents say that
 alliances will serve as an alternative means to accelerate growth through
 technology and product distribution exchange throughout the remainder of the
 year.
     Russ Robb, ACG International's president and managing director of Atlantic
 Management Company, said, "Unlike the deals of the late 1990's, luring
 investors with stock as equity and a good business plan is not enough.  During
 the current capital market crunch, these survey findings show that 'cash is
 king' and bankers have to be more novel and less traditional in terms of
 packaging deals.  In addition, these results clearly state that companies must
 be proactive and choose partnerships or joint ventures to stay competitive."
     Another survey finding of note was that mezzanine financing was ranked the
 most sought after funding source for middle market companies that wish to
 avoid tapping the current capital markets.
 
     About the Association for Corporate Growth
     Founded in 1954, the Association for Corporate Growth is the premier
 association for and about professionals involved in middle-market corporate
 growth, corporate development, and mergers and acquisitions.  It promotes the
 professional interests of its members, who have assumed leadership roles in
 strategic corporate growth, by offering a forum for quality programs,
 education and networking.  ACG has nearly 5,500 members representing
 approximately 2,500 companies in 36 chapters throughout the United States,
 Canada and the UK.
 
     CONTACT:  General Information, Judy Iacuzzi of Association for Corporate
 Growth, 847-920-9030, or Media Inquiries, Glenn Eden, 312-274-2231, or Bill
 Schilling, 312-274-2274, both of BSMG Worldwide.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X84081452
 
 SOURCE  Association for Corporate Growth