July 07, 2007 // Franchising.com // Sewickley, PA, and Louisville, KY . 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 600 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 600 manufacturers, service firms, and non-profits across the U.S. ACC started franchising its methodology and purchasing power in 2004, and today, it has 32 elite professionals across the U.S and Mexico reviewing and implementing cost savings for its valued client base.
Alliance Cost Containment is a national procurement services firm that specializes in cost reduction, group purchasing and vendor management for small and middle market companies.