Mark Hoiland Named Member of Platinum Group

Eden Prairie, Minn. (March 8, 2011) — Platinum Group announces the addition of Mark Hoiland as a member. Previously, he had been an associate of the firm. His role includes advising business owners about real estate financing and lender negotiations. He also offers expertise in receiver and trustee situations.

Prior to joining Platinum, Mark was president of Capital Concept Partners, a real estate investment and development firm in Eden Prairie. His experience includes Richfield Bank & Trust Company as senior vice president and manager of small business lending, as well as similar positions at other banks. His 15-year banking background is helpful to businesses dealing with the need to restructure a significant amount of debt or find new financing. With 10 years of experience in commercial real estate, he has had success working with clients who have multiple banks and numerous troubled real estate investments.

Hoiland holds a bachelor’s degree from Augsburg College. He is on the board of directors for Loaves and Fishes, a local non-profit that serves meals to the hungry. He resides in St. Paul.

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A monthly transition story and roundtable discussion for successful business owners pursuing next steps in their businesses and lives.

Featured topic for March: Two Options for Finding Successors

Over 18,000 family or closely held business owners in Minnesota will come to a realization in 2012 that it’s time to turn the reins of leadership and ownership, over to someone else. Where will today’s owners find the right person or team to make this transition possible? Our experience shows that succession can easily take five years or longer to envision, plan, select, develop and implement. And a lot can change over five years.

Join us March 13th to learn more about family and privately held succession plans. Using real case studies presented by Transition Resource Group members we will look at options for finding successors for your business.

With real situations as the catalyst, we expect lively questions and dialog around why and how these succession plans developed and were successful.

Our Transition Forum is confidential with voluntary participation. There is no obligation or cost beyond your breakfast each month. Trusted advisors are welcome when accompanied by a client or business owner approaching transition . . . someone who has moved from dreaming to worrying about how to step into real transition. Owners – bring your transition advisor!

The Transition Breakfast Series will be held at 8000 Norman Drive, Bloomington in the 2nd floor conference room (watch for Platinum signs). The event begins at 7:30 a.m.

Cost is $25 in advance or $30 payable at the door. Please e-mail Donna Gray with questions, or if you are unable to attend after registering. We hope you will join other business owners in learning from shared transition experiences.

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