Federal Officials Should Allow Lower Middle Market Businesses to Access CARES Relief


ACG Leadership Sends Letter Urging Broad Interpretation of "Affiliate" Rule

CHICAGO, March 30, 2020 – The Association for Corporate Growth® sent a letter today to the U.S. Secretary of the Treasury Stephen Mnuchin and Small Business Administration Administrator Jovita Carranza urging them to allow small businesses with, equity investors, to access relief provided under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

ACG Global President and CEO Thomas Bohn and ACG Global Board of Directors Chairman Martin Okner outlined the importance of lower middle-market companies to the nation's economy, and asked that federal officials honor the intent of Congress and the President when they passed and signed the stimulus - it's economic relief should impact as many small businesses as possible.

The letter can be accessed here


Media Contact:

Karen Craven
Association for Corporate Growth
(773) 230-8785

About the Association for Corporate Growth®
Founded in 1954, ACG has 59 chapters across the globe. ACG’s worldwide network comprises 90,000 professionals within the middle market, including 15,000 members who serve as the investors, lenders, owners, executives and advisers to growing middle-market companies. ACG’s mission is to drive middle-market growth. The organization’s official publication, Middle Market Growth®, highlights stories important to the ACG membership.