CHATTANOOGA, Tenn. (March 30, 2010) – FourBridges Capital Advisors announced today that Doug Johns has joined the firm as a Senior Adviser.  Mr. Johns brings to FourBridges an exceptional background in the technology sector, as well as in founding, financing and operating high-growth companies.  He is currently the Chairman and CEO of Atlanta based Nivis Corporation http://www.nivis.com and will remain in that role while also serving as an advisor to FourBridges.

CHATTANOOGA, Tenn. (March 15, 2010) – FourBridges Capital Advisors is pleased to announce the acquisition of Inman Construction Corp. of Memphis, Tennessee by EMJ Corporation.  Based in Chattanooga, Tennessee, EMJ is a diversified construction company that has completed over 500 million square feet of construction projects in 48 states and owns a number of operating divisions, including Signal Energy, a renewable energy company, and Core Safety.

FourBridges Capital Advisors acted as the exclusive advisor to EMJ Corporation.  The transaction closed on March 1, 2010 and was led by Managing Director Dewey Hammond.

“It has been a privilege to work with EMJ and its management team on this transaction”, said Dewey Hammond.  “Jim Sattler (CEO) and Jay Jolley (President) continue to expand and diversify the company founded by Ed Jolley 42 years ago.  This transaction will help further establish EMJ in the healthcare construction sector.”

CHATTANOOGA, Tenn. (January 5, 2010) – FourBridges Capital Advisors is pleased to announce that the firm has secured funding for Innova Fund II, LP under the new Tennessee Small Business Investment Company Credit Act, also known as the “TNInvestco Program.”

Under terms of the agreement, FourBridges Capital Advisors acted as exclusive advisor to Innova Fund II, LP in the placement of $20,000,000 of TNInvestco Premium Tax Credits with a large Tennessee-based insurance company.

The TNInvestco Program was signed into law on July 9, 2009. Under guidelines of the program, the State of Tennessee selected six TNInvestcos to receive $20,000,000 each of TN Premium Tax Credits. TNInvestcos were then responsible for selling their tax credits to qualifying insurance companies paying premium taxes in the State of Tennessee. TNInvestcos will use the proceeds from the sale of these credits to invest in early-stage Tennessee companies to cultivate innovation, entrepreneurship, job growth, and general economic development in the State of Tennessee.

CHATTANOOGA, Tenn. (July 15, 2009) – FourBridges Capital Advisors is pleased to announce the sale of Delta Services, Inc. to Thompson Industrial Services, LLC.

Based in Memphis, Tennessee, Delta Services offers a comprehensive range of industrial services to oil refineries, chemical manufacturers, food processors, and steel producers. Specific business activities include hydroblasting, wet/dry vacuuming, chemical cleaning, and waste containment and removal.

Thompson Industrial Services is a portfolio company of BB&T Capital Partners. Headquartered in Sumter, South Carolina, Thompson has operations in six states and is a leading provider of integrated industrial cleaning and related facilities support services to a broad array of industries in the southeastern U.S.