CHICAGO, (April 16, 2019) – The Association for Corporate Growth (ACG) announced today that Siemens will help further its mission to drive middle-market growth as the association’s Official Sponsor of Growth (OSG).
Siemens, recognized by Fortune as the World’s Most Admired Company amongst its peers, is a leading supplier of systems and technology for a wide range of industries, including power generation and transmission, transportation, industrial manufacturing, medical imaging equipment solutions and more. The sponsorship supports ACG’s mission to expand the middle market through its large-scale dealmaking events, including the InterGrowth and EuroGrowth conferences, thought leadership content in Middle Market Growth® magazine, and other initiatives.
“Many companies look to Siemens for its profound global expertise in technology and infrastructure and aren’t aware of its expertise in delivering financing solutions to the middle market,” said Angela MacPhee, chair, ACG Global Board of Directors, and partner, Baker Tilly. “We’re grateful to Siemens for choosing ACG as its strategic partner to advance its brand awareness and position in the middle market.”
The OSG sponsorship is the highest level of commitment at ACG Global. Through branding and thought leadership opportunities with ACG, sponsoring organizations to advance their business goals while contributing to a healthy middle-market dealmaking ecosystem.
“Every private-equity-backed company looks for ways to drive profitability,” said Anthony Casciano, President and CEO of Siemens Financial Services, Inc. (SFS, Inc.). “SFS has been a trusted, strategic ally to the private equity community for over 10 years. By leveraging both Siemens’ balance sheet and technology know-how, we are able to yield powerful solutions for companies – across manufacturing plants, energy and building infrastructure, supply chain operations, and hospital systems.
“Siemens has solutions that help access and analyze critical data for driving down costs and improving business operation,” Casciano continued. “With financing capabilities ranging from acquisition to asset finance, we can support your needs, wherever they may lead.”
SFS, Inc. – the US financial arm of Siemens – offers flexible capital and tailored financing to help private equity (PE) firms meet corporate goals while delivering advisory services for financial risks within Siemens.
“We first sponsored InterGrowth on a small scale and were impressed with the participation of PE firms there,” Casciano said. “ACG’s InterGrowth conference provides a direct connection to the companies we work – and aim to work –within the middle market.”
Siemens joins Insperity, a professional employer organization, and Dixon Hughes Goodman, a top 20 U.S. public accounting firm, as ACG Global’s third OSG sponsor.
“Siemens is a perfect example of why ACG’s InterGrowth matters,” MacPhee said. “Global companies to lower middle-market companies all seek the same thing - valuable and meaningful relationships that advance their strategic goals. We’re privileged to consistently deliver the relationships critical to dealmaking and that help drive middle-market growth.”
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 14,500 members who serve as investors, lenders, owners, executives, and advisers to growing middle-market companies. ACG’s mission is to drive middle-market growth. For more information, please visit www.acg.org.
For more than half a century, InterGrowth has been the nexus of the middle-market dealmaking community. Pitchbook estimates that 2018 InterGrowth attendees were involved in more than one-third of U.S. private equity deals and sat on more than $189 billion in dry powder. In 2019, InterGrowth will be held May 6-8, 2019 at the Waldorf Astoria Orlando and the Hilton Orlando Bonnet Creek. For more information, please visit www.InterGrowth.org.
About Siemens USA:
Siemens Corporation is a U.S. subsidiary of Siemens AG, a global powerhouse focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. For more than 160 years, the company has innovated and invented technologies to support American industry spanning manufacturing, energy, healthcare and infrastructure. In fiscal 2018, Siemens USA reported revenue of $23.7 billion, including $5.0 billion in exports, and employs approximately 50,000 people throughout all 50 states and Puerto Rico.
About Siemens Financial Services:
Siemens Financial Services (SFS) is the financing arm of Siemens. For further information, please visit www.usa.siemens.com/finance.