Springboard 2022 – Accelerating Growth Through 3rd Party Capital Investment

In this episode of Modrn Business Podcast, Ryan Hicks hosts Jim Waskovich, Managing Partner of Princeton Equity Group and Lane Fisher, Partner at Fisher Zucker Franchise Law Firm.

We discussed feedback and top highlights from the 10th annual Springboard event for emerging franchisors, and put a specific focus on talking through the key highlights from the day 1 lunch panel session on the topic of “Accelerating Growth Through 3rd Party Capital Investment”.

Topics Discussed:
– Springboard Event
– What is Private Equity
– The different kinds of P.E.
– When should I engage with a P.E. group
– Should I hire an investment banker?
– Who is Princeton Equity Group and who do you serve?
– What are the common mistakes and how to best prepare to partner with 3rd party capital?
– And much more.

About Jim Waskovich:
Jim co-founded Princeton Equity Group, co-leads its investment activities, and sits on the Firm’s investment committee. Prior to co-founding Princeton, Jim spent nearly 20 years as a private equity investor at Summit Partners, ABS Capital, and our predecessor firm, Princeton Ventures (which he founded in 2006). Jim’s current investments include Card My Yard, D1 Training, Five Star Franchising (the parent company to 1-800-Packouts, 1-800-Textiles, Bath Solutions, Bio-One, Gotcha Covered, Mosquito Shield, and ProNexis), HOPCo (the parent company to The CORE Institute), Princeton Medspa Partners (the parent company to AlluraDerm, Greenspring Medical Aesthetics, and medspa810), Radiance Holdings (the parent company to Sola Salon Studios and Woodhouse Day Spa), and Stellar Brands (the parent company to Bluefrog Plumbing + Drain, Restoration 1, Softroc, and The Driveway Company). His previous investment experience includes European Wax Center (acquired by General Atlantic) and Massage Envy (acquired by Roark Capital). Jim holds a B.S. in Economics and Politics from Washington & Lee University where he was a George Washington Scholar.

About Lane Fisher:
In private practice since 1989, Lane Fisher currently represents more than 200 franchised brands in business transactions and complex franchise litigation. Lane is the Past Chairman of the International Franchise Association’s Supplier Forum, a past member of the IFA’s board/executive board and serves on the IFA’s Membership Committee.

Fisher is a frequent speaker at franchise conferences and has written extensively on many aspects of franchising. Fisher has been identified both as a Pennsylvania Super Lawyer by Philadelphia Magazine and a Legal Eagle by Franchise Times for every consecutive year since 2004. Since 2010, Fisher has earned the distinction of “Awesome Attorney” in Suburban Life Magazine. FisherZucker was also designated awarded as a top franchise law firm servicing the Entrepreneur Franchise 500 from 2018-2022.

To give back to the franchising community, Fisher is also the co-founder of franchise conferences like Franchise Springboard, Franchise UnConference and Franchise SunConference.

To connect with Jim or Lane, visit http://www.franchisesuppliernetwork.com to ask for an introduction.

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