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.