|

Jim Childs
Jim Childs, former CEO of Impact Innovations, a $100 million IT services provider, and former Robinson Humphrey investment banker, has joined forces with Argonne Capital. Based in Atlanta, Argonne (www.argonnecapital.com), was founded by real estate entrepreneur Mike Klump and is a private investment firm which seeks to acquire controlling interests in companies that will benefit from its principals’ operating, finance and real estate backgrounds.
Jim started Impact Innovations in 1998 in an effort to build a regional information technology services provider focused primarily on serving middle market companies and the Federal government. In 1999, Jim partnered with Atlanta based private equity firm Cravey, Green and Wahlen and subsequently built Impact into a $100 million company with 750 employees and offices in Atlanta, Dallas and Washington, DC. Impact Innovations was named one of Atlanta’s fasted growing companies and was also named by the Atlanta Business Chronicle as one of the best employers in the city among mid-sized firms. In September of 2004 , the firm was sold to Dynamics Research Corporation, a publicly traded company based in Boston for total proceeds in excess of $60 million.
Argonne Capital focuses on acquiring companies with real estate assets such as restaurant chains, franchises and retail but is also interested in more traditional venture and buyout opportunities in service industries. Argonne currently owns IHOP Texas, one of the largest IHOP franchisees in the nation. Unlike typical buyout funds, Argonne works with high net worth and institutional investors on specific opportunities and thus can hold its investments without the typical constraints that face private equity funds.
Visit the
Argonne Capital Group's
web site
|