Knoxville, TN, July 12, 2008 --(PR.com
)-- Greg W. Needham, vice president of marketing and business development for NorthShore Capital Advisors (www.northshore-capital.com), has announced the formal release of the firm’s audio podcast on the topic of industry consolidation. In the podcast, Mike West, managing partner of NorthShore, discusses the characteristics of a consolidating industry and why organic growth does not necessarily lead to sustained growth for a company. He explains how companies may see significant revenue increases at the beginning of a consolidation, and then describes how the pace of growth ultimately declines as the consolidation continues. West also outlines and describes the four stages of consolidation and offers advice for companies facing an industry consolidation. The audio podcast is now available for download at www.mmimarketing.com/podcast/the-characteristics-of-a-consolidating-industry.
“We are pleased to announce the beginning of a series of podcasts on business related issues and opportunities. The formal release of NorthShore’s podcast on consolidation is our first and we believe business owners will especially have interest,” said Needham. “In the podcast, Mike discusses the four stages of consolidation as well as the characteristics that are typically in place when an industry consolidates. We want companies to realize that they must pick out their niche and define what is going to make them unique and sustainable in a consolidating industry.”
About NorthShore Capital Advisors:
Founded in 2001, NorthShore Capital Advisors is a Knoxville, Tenn.-based full-service business advisory firm. NorthShore provides a variety of financial advisory services to middle-market companies seeking guidance on opportunities and challenges relative to buy/sell opportunities, mergers and acquisitions, valuations, joint partnerships, debt placement and financial restructuring. With its practical understanding of the issues facing a business, NorthShore keenly applies strategy, creativity and dynamic courses of action to achieve the most advantageous outcome for clients. NorthShore’s team includes an uncommon blend of investment banking, operational and management experience rooted in business services, healthcare, consumer products, retail, manufacturing, distribution and recreation. For more information about NorthShore Capital Advisors, call (865) 862-4942 or visit www.northshore-capital.com.
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