March, 2008 -
Growthink was featured in the March 31st, 2008 edition of the Los Angeles Business Journal. The article, in full, appears below.
---
Los Angeles business advisory firm Growthink this month announced new relationships with five emerging companies.
Growthink specializes in providing capital and advisory services to startups and middle market enterprises.
Highlighting the list of new clients is Brand Velocity, a technology consulting firm that works closely with enterprise software giant SAP AG. Growthink will work with the company to develop a business plan.
"The relationships with many of our clients initially focus on strategic planning to craft their business models and determine the use of proceeds when they go out and get capital," said Jay Turo, chief executive of Growthink.
Another new client, Rogue Entertainment, is seeking to raise capital to expand its operations. The company owns hotels in Lake Tahoe and Big Bear that cater to snowboarders, and it also produces a reality show that tracks life among the staff. New hotels are on the drawing board.
"Many of our clients have an ambition to grow toward a strategic or financial sale of the business, and we want to turbo-charge that growth," Turo said. "If the clients have businesses that are within the appetite of our investment network, we can act for them in an investment capacity as a broker dealer."
Growthink has growth plans of its own. The company has added 10 employees this year, boosting its staff to 50 team members, and plans to continue its hiring program. The company in January relocated from Venice to a larger 8,000 square-foot office in Los Angeles.
In September, Growthink teamed up with DCIP, a developer of theater-scale digital cinema technology, to provide investment advice for growth capital and to assist the company with market research.
Growthink was also recently named adviser of record for Jiangxi Copper Co., an emerging Chinese firm located in Yingtan City. Growthink will develop and launch Jiangxi's strategic planning, resource management and capital acquisition initiatives.
