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COMMERCE IN BRIEF


Influence Expands E-Business with Kansas City and Detroit Offices

Influence, LLC, the leading Midwest business solutions provider and incubator that creates and accelerates e-business and New Economy brands, opened new offices in both Detroit and Kansas City.

The Detroit location responds to regional demand for Influence’s full range of services, providing companies with the development strategies and operational tools needed for rapid introduction of products and services.

Rob Cerra, vice president and general manager, leads the Detroit office, bringing more than 10 years of experience in technology consulting management and client strategy development. Cerra says the new office enables Influence to serve the growing need for e-business professional services from businesses looking to capitalize on the New Economy.

“This region has become a huge technology and e-commerce center and Influence is responding to the need for e-business professional services at just the right time,” Cerra says.

The Detroit office plans to expand its staff to 23 employees by the end of 2000.

“The opening of the Detroit office continues our commitment to build an infrastructure for e-businesses in the Midwest and to lead the trend toward establishing Web-based businesses in the region,” says Craig Kaminer, president and CEO of Influence. “This location allows us to target some of the forward-thinking ideas emerging from the academic institutions, as well as automotive circles that are quickly moving into the e-commerce space.”

The Kansas City office serves two recently launched companies, Transportation.com and SellMEAT.com. Influence helped launch Transportation.com, a recent venture between Yellow Corporation (Nasdaq: YELL), the leading Fortune 500 freight transportation services company, and the venture capital firms, TL Ventures and EnerTech Capital Partners. The company offers a marketplace for shippers, carriers and private fleet operators that includes information-rich products and services essential to growing profitable businesses. SellMEAT.com offers an online business-to-business exchange for the meat and poultry industry.

“Influence is the first e-business solutions provider and incubator to focus on the Central U.S. We believe that this concentration, as well as our proven track record, make us the best choice for these and other Kansas City-based companies, positioning us at the forefront as more Midwestern companies move into the New Economy,” Kaminer adds.

Influence plans to expand to 10 other major Midwestern cities by mid-2001, expanding its staff to 250 over the next 18 months.

Grace & Company Joins Six Market Leaders To Form Centerprise Advisors

Grace & Company, the second-largest professional services firm based in St. Louis, has merged with six firms in other cities to form Centerprise Advisors, Inc., the 13th largest professional services firm in the country and one of the largest full-service companies focusing on the middle market. The deal is valued in excess of $250 million.

The consolidation will benefit Grace & Company’s clients by providing greater service capabilities and expertise as well as wider geographic reach. Because Grace & Company enjoys strong name recognition and a top-notch reputation in the accounting, business advisory and IT consulting fields, the company will continue to operate referencing its existing name, and clients will continue to work with the same service providers that they have in the past.

“The formation of Centerprise Advisors is a client-driven strategy, in that it allows us to offer comprehensive, high-quality professional services to our middle market clients,” says Larry Porschen, managing partner of Grace Advisors (formerly Grace & Company). “All of the firms that make up Centerprise are market leaders with stellar reputations.” He notes that the founding companies have been in business for an average of 25 years and achieved a combined compound annual growth rate of 21.2 percent from 1996 to 1999.

Each founding company is the first or second largest local player in its market. Moreover, three of the five companies that are professional services firms were ranked among the Top 100 Accounting Firms by Accounting Today.

Centerprise Advisors offers a wide range of consulting, accounting, tax and related professional services. Various founding companies have special expertise in ISO 9000 consulting, mergers and acquisitions, strategic planning, litigation services, construction industry services, international consulting, government and educational strategies, and health care claims management. With approximately 1,000 employees serving clients across the country, Centerprise serves more than 15,000 clients, including privately held companies, governmental and not-for-profit entities and affluent individuals and families.

Downtown Saint Louis Partnership Welcomes Regus Business Centre



Regus Officially Opens Downtown. Left to right: Angela Lieb, sales manager of Regus Business Center; Alderwoman Phyllis Young, 7th Ward; Chuck Gillum, property manager of TrizecHahn; Franklin Kimbrough, president of Downtown St. Louis Partnership


Downtown Saint Louis Partnership regularly welcomes businesses to downtown St. Louis as a part of its economic development effort to support downtown and make it a viable business center.

Elected officials and neighboring businesses were invited to celebrate a recent arrival to the city, Regus Business Centre—one of the world’s leading providers of fully furnished, staffed and equipped offices. The company moved into 27,000 square feet of office space on the 22nd floor of the Metropolitan Square Building. Regus provides the area’s fast-moving companies with the flexibility and tools needed to compete in today’s hyper-competitive marketplace.

Regus’ clients range from multinational Exxon Mobil to local powerhouse start-up Birch Telecom. Regus expects most of its St. Louis clients to be members of the area’s developing e-commerce and Internet technology industries. The new St. Louis center, consistent with all Regus locations, is outfitted with state-of-the-art telecommunications technology for instant LAN and T-1 Internet lines for WAN access. The center features high-quality furniture and office equipment, fully furnished reception areas, training facilities with audiovisual equipment and videoconferencing capabilities, lounge areas and a cyber café.

Regus Business Centre was established in 1989 with its first business center in Brussels, Belgium. Regus now operates a global network of 270 centers in 48 countries.

The Downtown Saint Louis Partnership, Inc. is a private sector downtown economic, management and development organization representing the interests of downtown businesses and property owners.

Fru-Con Awarded AGC National Safety Recognition


The Associated General Contractors of America (AGC) selected Fru-Con Construction Corp. as a national safety award recipient among construction managers with the largest yearly revenues in the country.

Criteria for the award includes a review of written safe practices and levels of safety training in the organization. The AGC also takes an in depth analysis of each contractor's safety statistics including the Recordable Incident Rate (RIR) and Lost Time Incident Rate (LTIR). Finally, judges review the contractor's contribution to innovation in creating safe workplaces for the construction industry as a whole.

Fru-Con's innovations in behavior-based safety through behavior feedback programs and safety task assignments at every level of a job help cultivate the top safety program in the country.

"I am glad to see the AGC moving beyond use of safety statistics and recognizing behavioral-based safety innovations," says Corporate Safety Director Elbe Watkins, who has been published in various safety publications including a recent "Winning Safety" column in Compliance Magazine. "While statistics may help focus a program in the direction of preventing the hazardous situations of the past, behavioral-based systems get to what we're really after-preventing at-risk behaviors before they occur, for an accident-free workplace."

In addition to the obvious benefits of a safer workplace for employees, Fru-Con's excellent safety record allows for insurance savings to be passed on to its clients. Fru-Con's RIR was lower than one-tenth of the national average and the LTIR was one-twentieth of the construction average.

Fru-Con is a multiple recipient of the Business Roundtable's Construction Industry Safety Excellence award, two-time winner of the Anheuser-Busch "Proud to be Safe" award and has been recognized on several occasions by Procter & Gamble for safety performance internationally and domestically.

Bradford & Galt Expands IT Consulting Service to Encompass Outsourcing

St. Louis-based Bradford & Galt Consulting Services, a division of Bradford & Galt Inc., has added outsourcing to its menu of information technology consulting services.

A $27 million-plus firm established in 1984 as a permanent placement firm for information technology professionals, Bradford & Galt has offered information technology consulting/temporary staffing services since 1990. These services now make up 75 percent of the firm’s business, with about 200 of its consultants working at Fortune 500 and other large-to-mid-sized companies on projects ranging in length from six months to five years.

“Although the terms consulting and outsourcing are sometimes used interchangeably, we believe there is a distinction and that outsourcing is a different product,” says Steve Ecker, branch manager of Bradford & Galt’s St. Louis office. “The main difference is that with an outsourcing project, we manage the work, gather information about end user needs and report accomplishments and recommendations directly to the client’s management. The project manager is a Bradford & Galt employee.”

Bradford & Galt’s outsourcing service will primarily encompass networking functions. Although many of the firm’s clients for standard consulting services are in the Fortune 500, Bradford & Galt anticipates greater success at marketing outsourcing to smaller companies with revenues ranging from $100 to $800 million.

“Firms in that range are less likely to have the extensive internal IT management resources that you expect to see at a very large company,” Ecker says. “In some cases they lack the internal resources to quickly learn about new technologies that they purchase and to ensure that technologies are used as effectively as possible to impact their bottom lines.”

 

 

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COVER STORY
Toy Titan

PROFILE
James F. O’Donnell III Chairman and CEO Capital For Business

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