Washington, DC (September
26, 2003)--FOCUS Enterprises, Inc., the DC region’s
premier investment banking and consulting firm providing merger,
acquisition and corporate finance services for middle-market
clients, today announced the addition of a seventh Partner,
Jack Bergstrom, based in Charleston, SC.
“Adding a seasoned professional like Jack to our team
reinforces the unique value proposition this firm offers to
our clients,” explained Marshall Graham, Chairman of
FOCUS Enterprises. “Jack Bergstrom brings significant
C-Level operating experience to client engagements, which
is invaluable in this current mergers, acquisition and corporate
finance environment. Our team will especially value Jack’s
unique expertise in healthcare and biomedical services as
well as his presence in the Southeastern United States.”
About Jack Bergstrom
Jack Bergstrom has over thirty years of management experience
in both large corporations and smaller independent companies
focusing on electronics, consumer products, distribution,
manufacturing and, most notably, healthcare and biomedical
services.
Early in his career, he spent 17 years at Corning Inc. in
a variety of roles, eventually serving as General Manager
for the Midwest and Southern regions of Metpath (now Quest
Diagnostics), the largest clinical laboratory company in the
world.
In 1990, Mr. Bergstrom became COO of Odyssey Biomedical,
a venture-backed startup genetics testing company, acquired
by Genzyme a year later. Next, Mr. Bergstrom joined National
Health Laboratory/Laboratory Corporation of America, ultimately
becoming Senior Vice President of Sales.
When the firm merged with Roche to form LabCorp, Mr. Bergstrom
and a few partners raised private equity funding to purchase
American Medical Laboratory (AML). Under his leadership, AML
became the nation’s third largest lab company, growing
to $300M in sales. AML was purchased by Quest Diagnostics
in 2002.
Prior to joining FOCUS, Mr. Bergstrom was a Senior Advisor
to the Office of the Chairman of Quest Diagnostics, leading
the establishment of Quest’s hospital sales strategy.
Mr. Bergstrom also has served on the Board of Directors for
Corporate Healthcare Services, Medical Lab of Virginia and
Shared Laboratory Services Inc.
Mr. Bergstrom has an M.S. in Economics from the State University
of New York at New Paltz and an M.B.A. from the University
of Massachusetts. He also was a US Navy Officer.
About FOCUS Enterprises, Inc.
Based in Washington, DC, FOCUS Enterprises is a boutique
investment bank serving the needs of emerging and middle market
company clients located primarily in the eastern United States.
The firm utilizes a unique business approach integrating corporate
development consulting experience and transactional expertise
with extensive research capability and proven client engagement
execution methodology. The firm, founded in 1982, has long
standing experience in completing mergers, acquisitions, divestitures,
capital formation, corporate development consulting projects
and financial advisory assignments. Visit www.focusbankers.com
for more information.
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