Birmingham firm Amherst Partners thrives in downturn

In economic downturn, Birmingham's Amherst Partners thrives.

Excerpt:

The firm focuses on medium-size companies -- those with revenues of $4 million to $300 million a year -- and offers advice on mergers, management and consolidation, with between 20 and 30 customers at a time. Since its founding, Amherst has worked on more than 100 transactions with an aggregate value of more than $2 billion.

Eisenberg said about half of Amherst's clients are in auto parts or manufacturing, with the others in several industries, including a growing practice of food companies.

The company sets itself apart with experienced advisers; Aspatore had a long career in the machine tool industry before founding Amherst, while Eisenberg had worked for business consultants Deloitte & Touche.

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