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Kel Landis on private equity and economic activity

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UNC Kenan-Flagler presents alumni awards

11/4/2013

UNC Kenan-Flagler honored eight award winners at its15th annual Alumni Association Awards ceremony Nov. 1, 2013. The awards recognize members of the School community who personify the core values (http://www.kenan-flagler.unc.edu/about/core-values) of excellence, leadership, integrity, community and teamwork — qualities for which the School is known.

“The success of our alumni is an honor to the School and the faculty and staff who played a part in their education,” said John P. (Jack) Evans, interim dean. “These awards celebrate alumni who have distinguished themselves through their careers, their contributions to the broader community and their service to UNC Kenan-Flagler. We recognize them as role models for the graduates who will follow.”

Three Alumni Association Awards were presented:

  • Steven D. Bell (AB ’67) of Greensboro, N.C., founder of Bell Partners, received the Business School Leadership Award for exceptional achievement in a career field, personal endeavor or service to UNC Kenan-Flagler.
  • Rolf K. Hoffmann (MBA ’87) of Westlake Village, Calif., senior vice president and head of U.S. commercial operations for Amgen, received the Global Leadership Award for global participation and initiative to advance the School’s education, research and public service mission.
  • Phaedra Boinodiris (AB ’94, MBA ’08) of Cary, N.C., global serious games/gamification program manager at IBM, received the Outstanding Young Alumni Award for leadership in career accomplishments and exceptional commitment to the School.

Five honorees received Alumni Merit Awards, given by the degree programs to alumni who personify the School’s tradition of excellence. They are:

  • H. Kel Landis III (BSBA ’79, MBA ’82) of Raleigh, N.C., co-founder and partner at Plexus Capital, bachelor of science in business administration award
  • Jeffrey A. Allred (AB ’76, MBA ’80, JD ’80) of Atlanta, Ga., partner at Nelson Mullins Riley & Scarborough LLP, master of business administration award
  • Cam Patterson (EMBA ’08) of Chapel Hill, chief of the division of cardiology at UNC Hospitals and associate dean of medical entrepreneurship at UNC, executive master of business administration award
  • Coleman D. Ross (BSBA ’65) of Chapel Hill, independent insurance companies director and former national leader of insurance practice at PriceWaterhouseCoopers, master of accounting award
  • William D. Perreault (BSBA ’70, PhD ’73) of Chapel Hill, William R. Kenan Distinguished Professor of Marketing at UNC Kenan-Flagler, PhD award

Plexus Capital Named Nation’s Small Business Investment Company of the Year;
Completes $300 Million Fund III

May 3rd, 2013

US SBA 2013 Small BUsiness Investment Company of the YearClick above
to see the award letter.

CHARLOTTE and RALEIGH – Plexus Capital, which specializes in providing growth capital to lower middle market businesses across the nation, has been named the U.S. Small Business Investment Company (SBIC) of the Year for 2013. In announcing that Plexus is the top SBIC of more than 300 in the nation, Small Business Administration (SBA) Administrator Karen Mills cited “Plexus Capital’s hard work, innovative ideas and dedication.” Plexus Capital will receive the SBIC of the Year Award June 21 during the 50th Anniversary of National Small Business Week. The North Carolina-based firm has just completed raising $150 million in private capital from its long standing limited partners. Pending final SBA approval, this private capital will be combined with leverage from the SBA in the same amount to create Plexus Fund III, with total available investment capital of $300 million. Plexus invests across a broad range of industries and typically in privately-held, lower middle market businesses across the United States. Plexus Capital meets strict SBA licensing criteria in order to provide subordinated debt and equity capital as an SBIC serving small businesses across the nation.

“Being named the nation’s Small Business Investment Company of 2013 speaks to the value we are providing to our investors and small businesses across the country,” said Plexus Capital Managing Partner Bob Anders. “Plexus is distinguished by our focus on relationships, our determination to create access to growth capital for U.S. middle market businesses, and our proven ability to continue to earn the confidence of our investors. With investments in more than 50 businesses, and experience managing through all economic cycles, we have proven ourselves to be patient investors with the experience it takes to succeed.” The SBA selected Plexus Capital for the honor based on its award criteria which included portfolio company revenue and employment growth, strong commitment to overall business growth, management of portfolio companies, and participation in the small business community.

About SBICs

The Small Business Investment Company (SBIC) program, administered by the U.S. Small Business Administration (SBA), is a private-public partnership created in 1958 to fill the gap between the availability of growth capital and the needs of small businesses. The SBA’s Investment Division licenses qualified private equity fund managers and provides them with access to low-cost, government-guaranteed capital to make investments in U.S. small businesses. (see http://www.sba.gov/content/faqs)

Click here to see our announcement as a PDF.


Plexus Capital Fund II Surpasses $100 Million Milestone

Over the past two years, Plexus Capital has made investments totaling more than $100 million in high growth, lower middle market businesses from its $175 million Plexus Fund II.

Specializing in providing growth capital in the form of mezzanine, subordinated debt, or preferred equity, Plexus launched Fund I in 2005 and followed with Fund II in 2009. The Plexus team currently manages approximately $255 million of investable capital and has closed 45 investments between its first two Funds.

“Plexus conducts exhaustive due diligence, employing the most current technology and maintaining close contact with our portfolio management teams. We strive to build a mutually beneficial relationship with each of our constituents —— always with the long term in mind. What distinguishes Plexus is our desire and willingness to serve as a valued strategic financial partner to each and every one of our portfolio companies,”” said Bob Anders, Plexus managing partner.

Plexus focuses on providing growth capital to healthy businesses located in the Eastern United States with revenues between $20 million and $100 million. The private firm is a Small Business Investment Company (SBIC) and provides funding from its private investors in collaboration with the Small Business Association.





Mezzanine Fund