Wednesday, February 18, 2009

Elliott Davis Capital Partners To Host Seminar on Creating Value in a Downturn

CHARLOTTE, N.C. Feb. 18, 2009 – Elliott Davis Capital Partners, the
regional investment banking affiliate of Elliott Davis, PLLC, one of
the largest accounting, tax and consulting services firms in the
Southeast, will host a seminar titled "Making An Acquisition in a
Troubled Market – Creating Value in a Downturn." The seminar will be
held on Mar. 12, 2009 from 8:00 a.m. until 10:30 a.m. at the Charlotte
City Club, 121 W. Trade St., Ste. 3100.

Pre-registration for the seminar is required and available at
or by contacting Tracy Waldroup at or
864-552-4874. The registration deadline is Mar. 9, 2009.
The seminar will discuss key issues for buyers and sellers to consider
when contemplating an acquisition including: reasons for making an
acquisition, how to determine value in the target company, transaction
and financing terms in this environment, and the top five mistakes to
avoid when making an acquisition.

Speakers will include: Michael Hronchek, managing director of Elliott
Davis Capital Partners; Rick Hewitt, principal with the transaction
services group at Elliott Davis; Bob Anders, founder and managing
partner with Plexus Capital; Charlie Arndt, senior vice president with
RBC Bank's commercial markets group; and Tom Barr, entrepreneur and
founder of TestAmerica.
Seminar sponsor Elliott Davis Capital Partners provides investment
banking services to emerging and middle market businesses and their
investors including assistance with mergers and acquisitions,
dispositions, private placements, recapitalizations and restructurings.

The firm's investment banking services are led by Managing Director
Michael Hronchek. Hronchek has 18 years experience advising closely-
held and middle market companies and their management teams, and has
served clients in numerous industries including technology,
manufacturing and distribution, healthcare, hospitality and
construction. Hronchek and the other professionals at Elliott Davis
Capital Partners have advised clients ranging in size from pre-revenue
to, in excess of, $500 million in annual revenue.

Hronchek began his career with Price Waterhouse, serving as an audit
manager in the Atlanta, Ga. office. He has served as chief financial
officer of an electronic payments company and strategy consultant for
an international consulting firm. Prior to joining Elliott Davis
Capital Partners, Hronchek was managing director of an Atlanta-based
investment banking firm.
Hronchek earned a bachelor's degree in finance from the University of
Notre Dame and an MBA from the Wharton School of the University of
Pennsylvania. Michaels holds Series 7, 24 and 63 licenses with the

Elliott Davis Capital Partners is a regional investment banking firm
established to assist companies with their corporate finance needs.
The firm provides merger and acquisition, private placement, and
restructuring services to privately-held, emerging and middle market
businesses and their investors. For more information, go to

Since 1925, Elliott Davis, PLLC has been the accounting, tax and
consulting services firm that provides clients the solutions needed to
achieve their objectives while offering their people rewarding
opportunities. Today, Elliott Davis has 50 shareholders and 400
employees in 10 offices throughout the Southeast. Elliott Davis'
affiliates include Elliott Davis Capital Partners, LLC, a regional
investment banking firm; and Elliott Davis Investment Advisors, which
creates objective and competent investment solutions customized to
meet the needs of individuals, companies, endowments and foundations.
The firm is a member of The Leading Edge Alliance, an international
professional association of independently-owned accounting and
consulting firms based in the U.S., and is strategically aligned with
LEA Europe and LEA Asia Pacific, a worldwide network of 430 offices in
90 countries around the globe.

For more information about Elliott Davis and its services, visit