A strategic CFO will be your course navigator, someone you can trust to be your co-pilot, an expert you can depend on to help make important decisions for your company. Whether your business is an early stage or an established enterprise, a strategic CFO is imperative to a successful company at any stage in its life cycle in order to strengthen a company’s financial foundation, improve performance, and accelerate growth. Companies who forgo a CFO until they “believe the company is large enough” will face roadblocks and red tape that can hinder growth and create obstacles that all companies want to avoid.

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George Davis, to Evergreen, is a Strategic Advisor who is well-known for his success in investing, building, and managing biotech, IT, and software companies, often from the start-up stage. He is an active leader in the tech and innovation community, serving on a number of boards, including Betamore, UMBC’s Research Park Corporation, Association for Enterprise Growth, and the Fearless-backed Hutch Studio. What is little known about George is his work as a Johns Hopkins Cancer Survivor Patient Advocate.

In 2020 & 2021, George served as a Patient Mentor to the Orioles’ first baseman and designated hitter Trey Mancini, who was diagnosed with Stage 3 Colon Cancer in March of 2020. Trey had gotten a routine physical for the blood draw showed that his hemoglobin and hematocrit were low. It was then that a colonoscopy was scheduled, and the tumor was found. After a year of treatment, he is now cancer-free. Trey is fortunate as colorectal cancer is the third deadliest cancer in the United States — after lung and prostate in men and lung and breast in women. What is not often realized is that half of all new colorectal cancer diagnoses are in people 66 or younger. The most challenging part is that those diagnosed with colorectal cancer often have experienced no signs or symptoms associated with the disease.

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Evergreen Advisors, a middle-market Investment Bank, and Corporate Advisory Firm, with offices in both Columbia, MD and McLean, VA, is pleased to announce the addition of John Goode to our CFO Advisory Practice.

John Goode has fostered his executive financial management experience through strategic roles as a COE/CFO for a large regional construction company and several professional IT-based companies in the Mid-Atlantic region. John has prominent experience in the following industries: construction, oil and gas production, information technology, CFO consulting, public accounting, radio broadcasting, and government contracting. John earned dual Bachelor of Arts degrees in Accounting and Business Administration from Loyola College (now Loyola University) in Baltimore, Maryland, and is a Certified Public Account in the State of Maryland.

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Health Catalyst Capital Management LLC (“HCC”), a New York-based private equity firm investing in growth stage healthcare information technology and technology-enabled services businesses, is pleased to announce the sale of its portfolio company MedVirginia, Inc., doing business as Clareto (“Clareto”), to Munich Life Holding Corporation (“Munich Re”).

Clareto partners with health information exchanges (HIEs) and other electronic health record (EHR) data sources to facilitate the collection of electronic health information pursuant to HIPAA-compliant authorizations in support of underwriting, claims, and other business processes for the life insurance industry. Clareto has partnerships with more than 25 health information exchanges (HIEs) and electronic health record (EHR) software vendors.

Clareto joined HCC’s portfolio in February 2019. HCC’s investment in Clareto is a result of deep thematic research into interoperability and insuretech. Dave Dorans, CEO of Clareto, commented that “HCC has been a stalwart supporter of Clareto these last three years, including leading our latest financing round leading to this sale.”

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Evergreen Advisors, a middle market Investment Bank and Corporate Advisory Firm with offices in Columbia, MD, and McLean, VA, announced the promotion of two professionals today. Morgan Trask and Jacob DiMattia were promoted to Senior Consultant in the Location Strategies Practice.

Morgan Trask joined Evergreen in November of 2019 and Jacob DiMattia in March of 2021. They focus on assisting corporate clients with optimizing their location decisions as well as their ability to realize valuable economic incentives such as cash grants, tax abatements, PILOT agreements, sales tax sharing agreements, employee training grants, payroll rebates, sales and use tax refunds, utility benefits, and other economic incentives.

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Columbia, MD – Evergreen Advisors, a middle market Investment Bank and Corporate Advisory Firm with offices in Columbia, MD and McLean, VA, is pleased to announce they have signed a lease to relocate their headquarters to Downtown Columbia, Maryland, in the Summer of 2022.

“We have seen significant growth in our business in recent years.  This has created an opportunity to relocate and expand our headquarters in the heart of the Baltimore and Washington corridor.  We explored a number of options in the region – this particular location provided us a great environment for our team with gorgeous views of Symphony Woods, walkability to restaurants, and other amenities of Columbia,” said Rick Kohr, Founder and Chief Executive Officer of Evergreen Advisors. 

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Godspeed Capital Management LP (“Godspeed Capital”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, today announced the successful acquisition of Exceptional Software Strategies, Inc. (“ESS” or the “Company”), a leading provider of information technology solutions to mission-oriented Federal agencies, including members of the Intelligence Community and Department of Defense agencies. The financial terms of the transaction were not disclosed.

Nearly each of the Company’s seasoned engineers across its dynamic team holds the highest-level of security clearance. By developing, testing, and deploying solutions to mitigate and combat threats across emerging areas of critical importance such as blockchain, cloud computing and storage, data analytics, and artificial intelligence, ESS is critically focused on leading the next frontier of cyber-protection and innovation.

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Evergreen Advisors, a boutique middle market Investment Bank and Corporate Advisory Firm with offices in Columbia, MD, and McLean, VA, announced the promotion of two professionals today. Justin Horsman was promoted to Director in the Investment Banking practice, and Eric Clarke was promoted to Managing Director of the CFO Advisory Practice.

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