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James C. Bly, Jr.
 James
C. Bly, Jr. is a founder, Chairman and President of Source Companies,
LLC, a multi-disciplinary professional practice that provides business
growth advisory and investment banking services to high net worth
clients, who own controlling interests in operating companies.
Since
1974, Mr. Bly has been involved in providing business strategy,
corporate finance, and wealth preservation and transfer advice
to
owners of successful closely-held businesses. He is experienced
with developing and implementing business growth strategies; financial
structuring; debt, mezzanine and equity capital
placements; the acquisition and sale of businesses; corporate valuations;
and domestic and international business wealth transfer planning.
During his career, Mr. Bly has personally advised the principal
owners of hundreds of medium-sized businesses, in a wide range
of
industries, on numerous business wealth building or transition
transactions
valued in excess of $7 billion dollars. Since 1982, Mr. Bly has
been a principal and senior officer of Source and its predecessor.
Mr. Bly is also: (i) a Co-Chairman of the Business
Growth Alliance, LLC (BGA), a carefully selected national group
of professional services firms dedicated to providing growth advisory
and investment banking services to enhance value creation for family-owned
and other closely held, medium-sized businesses; and (ii) a principal in
Source Capital, LP, which has created a new private
equity business model to provide greater capital support for maintaining
locally controlled and operated upper middle market businesses.
During his career, Mr. Bly has served as a Trustee,
Director, or Advisory Board Member to many client owned businesses.
For example, from 1980 to 2005, he served on the Business Advisory
Board of John J. Kirlin, Inc., which remained privately owned and
grew from $30 million to roughly $500 million in revenue size to
become one of the nation's leading mechanical contracting firms.
Mr. Bly chaired the Finance and Risk Management committees of John
J. Kirlin, Inc. From 2001-2006, Mr. Bly served on the Board of
Directors
of Draper Holdings Business Trust (DHBT), a family-owned business
with subsidiaries active in television broadcasting, Internet and
telecommunication services, real estate and land development, and
farming. Mr. Bly assisted DHBT on matters related to business governance,
monitoring the performance of operating subsidiaries, and family-member
governance training. In 2006, Mr. Bly joined the
Advisory Board of C.H. Briggs Hardware Co., a $90 million third
generation family-owned business, which is also one of the largest
female owned and operated building product material distributors
serving the
cabinet, countertop and casegood industries. Mr. Bly was a Founding Member and serves
on the Leadership Council of PathNorth, LLC, which is a resource
for business leaders seeking to broaden the definition of success
by bringing meaning and fresh perspective to both work and
life. He is also a member of the Advisory Council of the Buxton Initiative, which is seeking to build understanding among people of different faiths and world views.
Mr. Bly graduated cum laude from St. Bonaventure
University
in 1973. He has been certified
in mergers and acquisitions (CMAA) by the Alliance of Mergers &
Acquisition Advisors and holds a Certificate in Financial Planning
from the American
College. Mr. Bly has, also, completed a variety of post graduate
and continuing education courses on subjects related to business
strategy, marketing, corporate finance, business valuation, mergers
and acquisitions, and wealth transfer planning. He is a member
of the Association for Corporate
Growth, the Alliance
of Mergers and Acquisition Advisors, and International Advisors
Network, Ltd. He has attained listing in Who's Who in Finance and
Industry, Who's Who in America, and Who's Who in the World, and
is a member of the Allegheny Country Club, Duquesne Club, Edgeworth
Club and Stonedale Guns. Mr. Bly resides in Sewickley, Pennsylvania.
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