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Viscern Secures New Capital Partner for Accelerated Growth; New Partnership Means Accelerated Growth for Expansion of Services
Dallas -

DALLAS  --  Viscern, Inc. announced it has brought on board a new financial partner to accelerate the firm's growth and the expansion of services. Viscern is a Dallas-based firm serving the national and international not-for-profit sector as the parent company of Ketchum and RSI, two of the most distinguished consulting organizations in philanthropic and religious fundraising.

"Our founders, Ben Gill and Bill Wilson, reached the point where they wanted to retire. We arranged the buyout of their interests which will result in the management team's ownership interest increasing and a natural succession of ownership," said Carl Hefton, Viscern president and CEO.

"At the same time, Flinn Asset Management (FAM) of Greenwich, Conn., has committed additional capital to fund our strategic growth plans, to expand our services and pursue acquisitions. FAM is an ideal financial partner, because they share a commitment to our vision, mission and values; they share our commitment to our culture and to our clients; and they are committed to our management team, our leadership and our people."

According to Hefton, current management and all employees will remain in place, and the firm's operations will continue as before, with the benefit of deeper financial resources to accelerate growth.

"With a 97% client satisfaction history and the ongoing value we place on our partner clients, Viscern and our companies, RSI and Ketchum, are committed to excellence and exceeding our client's expectations and will continue to do so as we enhance our current services, add new services and pursue acquisitions," he said.

"Our vision is to create a better world by embracing noble causes and partnering with people who care. That vision is accomplished by helping organizations realize their visions by providing innovative solutions, developing deep relationships and connecting our clients' communities while remaining committed to our firm's culture."

Viscern's predecessors date to 1919, when Ketchum was founded and 1973 when RSI was founded. The firm has expanded its services and its reach over the years, and is now the leader in its field. Through its two companies, Ketchum and RSI, Viscern is working with more than 1,500 clients currently seeking to raise more than $6 billion.

For more information, visit http://dx.doi.org/10.2121/VISCERN-financial

 

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Thursday, January 12, 2006 04:01 AM
 
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