Monday, August 25, 2008

Private-equity honey attracts more

We reported last week on former Memphian VC Don Mundie's joining The Buffkin Group here in Nashville, to recruit executives for private-equity funds and portfolio companies. Today, there's further evidence of the lure of private-equity: LBMC recently announced appointing Joey Harwell to run its new private-equity services division. A first for the company, on the cusp of its 25th anniversary. That's LBMC Managing Partner David Morgan, at left. Interesting that Buffkin, LBMC and others seem to be relying on VCs coming to believe they need more outside he'p. We'll see. Here's the LBMC story.

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