Intrinsic LLC Co-founder Alex Hodgkin to Transition From Day-to-day Management to Board Role
DENVER--(BUSINESS WIRE)--Jan 5, 2023--
Intrinsic LLC, a fast growing transaction and valuation advisory firm that provides time-critical transaction support and sophisticated valuation advice to private equity firms, family offices and high net worth individuals, announced today that co-founder Alex Hodgkin has stepped down from his day-to-day management responsibilities, effective January 1, 2023, in order to devote more time to his role as Entrepreneur in Residence at the University of Chicago Booth School of Business in the Polsky Center for Entrepreneurship and to pursue other entrepreneurial endeavors. He will continue to serve on Intrinsic’s Board of Directors while Intrinsic’s Executive Committee will continue to manage the firm’s business.
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Alex Hodgkin (Photo: Business Wire)
“I’m excited to participate in the next phase of growth for Intrinsic while pursuing my passion for mentoring and entrepreneurship,” said Hodgkin. “I’m proud of what we’ve accomplished together and confident that Intrinsic’s growth will continue to skyrocket given the talent we’ve acquired and our laser focus on product quality and client service”.
Hodgkin started his career in investment banking and has been an entrepreneur ever since. In addition to co-founding Intrinsic in 2010, he also co-founded Arcstone Partners, a securities valuation firm, in 2006, which was acquired by Frank, Rimerman & Co LLP, a Palo Alto based public accounting firm, in 2017. He orchestrated a recapitalization of Intrinsic in 2019 with Red Mountain Capital Partners LLC as lead investor. Since then, Intrinsic has seen its revenue quintuple, with a corresponding increase in headcount. Hodgkin led the launch of Intrinsic’s transaction advisory, transaction opinions and tax reporting practices and meaningfully expanded the firm’s client reach, establishing a national presence and client relationships with some of the most prominent private equity firms across the United States.
“Alex’s legacy at Intrinsic is cemented in the firm values he authored, the exceptional people he recruited, and the best-in-class services the firm offers to its clients,” said Willem Mesdag, Chairman of Intrinsic’s Board of Directors and Managing Partner of Red Mountain Capital Partners. “The foundation that Alex built positions Intrinsic well to continue its momentum and to build on its reputation as a premier professional services provider.”
“On behalf of Intrinsic’s Board of Directors, we want to thank Alex for his continuing commitment to Intrinsic and look forward to working with him to drive value for all our investors, including our employees who hold a significant ownership stake in the company,” said Robert Swanson, director and strategic advisor to the firm.
About Intrinsic LLC
Intrinsic is a professional services firm providing time-critical transaction support and sophisticated valuation advice to clients. The firm is headquartered in Denver and has an office in Chicago. Intrinsic’s Executive Committee consists of the firm’s practice leaders and operations executives: Chris Teets (Interim Chair) Chris Anderson (Tax Reporting), Dan Kahn (Transaction Advisory Services), David Turney (Financial Reporting), Garrett Wilson (Transaction Opinions), Brittany Albrinck (Chief Financial Officer) and Eileen Douglass (Chief People Officer). www.intrinsicfirm.com.
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KEYWORD: UNITED STATES NORTH AMERICA COLORADO
INDUSTRY KEYWORD: FINANCE CONSULTING BANKING ACCOUNTING PROFESSIONAL SERVICES
SOURCE: Intrinsic LLC
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PUB: 01/05/2023 09:00 AM/DISC: 01/05/2023 09:00 AM