JRG Advisors, LLC (“JRG Advisors”) is a new entity formed by Rick and Jessica Galardini. They were previously employed by Hilb Rogal & Hobbs (“HRH”), one of the largest insurance brokerage and consulting firms in the country. During their 15 year tenure with HRH, Rick and Jessica started the Affinity Marketing Group Division of HRH (“Affinity”) and grew it to become one of the largest specialty groups of its type in the United States. JRG Advisors will specialize in providing employee benefits, business insurance and financial products and services to owners of small to mid sized companies, and to employermembers of professional and trade associations such as the Chambers of Commerce, Home Builders, Restaurants, and Nonprofit Health and Human Services Agencies.

Source Capital, Ltd. was retained by Mr. and Mrs. Galardini to serve as their exclusive financial advisor to develop an acquisition offer, manage related negotiations, and provide assistance related to arranging funding for the acquisition. Financing the acquisition presented a unique challenge because the Company’s assets are primarily commission and fee income, rather than tangible property.

In December 2006, the transaction was successfully completed. JRG Advisors began 2007 as a new entity with adequate cash flow to meet operating needs, and is now identifying growth opportunities and persistency strategies. JRG Advisors will continue to rely upon Source to identify, finance and acquire related companies as soon as they have settled operations into a new Pittsburgh-based location.

Since 1982, Source Capital, Ltd. has assisted clients on matters related to management-led buyouts of divisions and subsidiaries of larger companies, negotiating and financing acquisitions, and developing and implementing business growth strategies. Source has considerable experience within the insurance and financial services industry. If you are considering a management buyout or strategic acquisition, our services can add value to your negotiating process.