Elliott Davis Capital Partners, LLC To Host Business Seminar

Seminar Titled “Making an Acquisition in a Troubled Market – Creating Value in a Downturn”

COLUMBIA, S.C. Mar. 02, 2009 – Elliott Davis Capital Partners, the regional investment banking affiliate of Elliott Davis, LLC, 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. 26, 2009 from 8:00 a.m. until 10:30 a.m. at the Capital City Club, 1201 Main St, 25th Floor, Columbia, S.C.

Pre-registration for the seminar is required and available at www.elliottdavis.com/EDCP_seminar.aspx or by contacting Tracy Waldroup at twaldroup@elliottdavis.com or 864-552-4874. The registration deadline is March 20, 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 NASD.