The Hatteras Group Names Rod Randolph As Vice President Of Business Development

RALEIGH, NC, May 26, 2013 (Press-News.org) Alan Clark, founder and principle of The Hatteras Group (www.hatterasgroup.com/), has announced that the firm has named Rod Randolph as vice president of business development. In this role, Randolph will focus on connecting with business owners in the Carolinas who are ready to exit their business and retire or partner with select Private Equity Groups who assist owners in growing their business for a later sale and exit. Targeting business owners specifically in the industries of transportation and logistics, precision machining and niche manufacturing, Randolph will apply more than 30 years of experience in management and consulting to help educate business owners on the process of evaluating and marketing their business for sale as well as on their range of exit options in today's market.

Prior to joining the Hatteras Group, Randolph consulted and worked with major Fortune 500 companies, government agencies and small business owners throughout the Southeast. In addition, he served as the vice president of Prudential Bache Securities and established the Special Investments Department of Bear Stearns in Atlanta where he listed a business that was sold to a major NYSE company for $80 million. His clients included TVA, Board of Pensions of the Presbyterian Church USA and several New York Stock Exchange Corporations.

A native of North Carolina, Randolph earned both his Bachelor of Arts and Master of Arts from the University of North Carolina at Chapel Hill, and a Masters of Divinity from Duke University Divinity School. He currently resides in the Winston Salem area.

QUOTES:
"Rod's years of experience as a professional advisor to business owners will make him a valuable addition to our team at The Hatteras Group," said Clark. "His ability to listen to business owners, understand their needs and offer them tailored guidance on 'sell or hold' decisions will add value in the owners' businesses. Rod will be creating opportunities for Private Equity investment in area businesses that can also lead to job creation and economic development."

ABOUT THE HATTERAS GROUP:
Established in 1998, the Hatteras Group is a collaborative network of professional intermediaries and acquisition advisors leading business owners and entrepreneurs through the buying and selling of businesses. In addition to providing professional business evaluations and opinions of value, the Hatteras Group follows a proven, comprehensive process to expose businesses to a broad range of possible buyers while maintaining the privacy and confidentiality of the transaction. For more information, visit http://www.hatterasgroup.com.

Caitlin Russell
MMI Public Relations
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