History of CFA
In 1956 Michael M. Rothberg sold his interest in a furniture company and started Corporate Finance Associates (CFA). Based in Greenville, South Carolina, Mr. Rothberg established a consulting firm to serve the M & A needs of middle market business owners. In the late 1960s, looking for new ways to increase the number of "associates" in the firm, Mr. Rothberg articulated his philosophy of being in business for yourself rather than by yourself by adopting a networked business model. The network of associates grew and in 1969 the first international office was added. In 1972 the firm moved to Atlanta. The model proved successful and in 1985 the firm continued its westward migration with a move to Denver, Colorado.
Recognizing an opportunity for bringing principals into direct contact with clients worldwide, the former associates executed a management buyout of the company in 1996, creating the organization that exists today. CFA is a privately held corporation based in Los Angeles, California with offices on three continents. In 1956 few could have predicted that a single individual, with an entrepreneurial vision, was launching a company with the "right stuff" to be celebrating its 50th anniversary in 2006.
Read more about this topic: Corporate Finance Associates
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