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Sectorwatch:Supply Chain Tech & SoftwareJanuary 2019
2
Supply Chain Tech & SoftwareJanuary 2019
Sector Dashboard [4]
Public Basket Performance [5]
Operational Metrics [7]
Valuation Comparison [10]
Recent Deals [13]
Appendix [15]
7 Mile Advisors appreciates the opportunity to present this confidential information to the Company. This document is meant to bedelivered only in conjunction with a verbal presentation, and is not authorized for distribution. Please see the Confidentiality Notice &Disclaimer at the end of the document. All data cited in this document was believed to be accurate at the time of authorship and camefrom publicly available sources. Neither 7 Mile Advisors nor 7M Securities make warranties or representations as to the accuracy orcompleteness of third-party data contained herein. This document should be treated as confidential and for the use of the intendedrecipient only. Please notify 7 Mile Advisors if it was distributed in error.
3
Overview
7MA provides Investment Banking & Advisory Services to the Business Services and TechnologyIndustries globally. We advise on M&A and private capital transactions, and provide market assessmentsand benchmarking. As a close knit team with a long history together and a laser focus on our targetmarkets, we help our clients sell their companies, raise capital, grow through acquisitions, and evaluatenew markets. We publish our sectorwatch, a review of M&A and operational trends in the industries wefocus.
Dashboard• Summary metrics on the sector• Commentary on market momentum by
comparing the most recent 12-month performance against the last 3-year averages.
Public Basket Performance• Summary valuation and operating metrics
for a basket of comparable public companies
Valuation Comparison• Graphical, detailed comparison of valuation
multiples for the public basket
Recent Deals• The most recently announced deals in the
sector
4
Dashboard
Operating Metrics
Valuation
Revenue Growth
-0.03 1 - year revenue growth compared to revenue growth
average for last 3 years
Pricing / Gross Margin Momentum
1.6% 1 - year gross profit % compared to gross profit %
average for last 3 years
Profitability
-1.7% 1 - year EBITDA % compared to EBITDA % average for
last 3 years
Current revenue growth rate is less than the average of the last 3 years,
indicating that the market may be flattening or declining
Current gross profit margin exceeds the average of the last 3 years gross profit
margin by this amount, indicating supplier pricing power
Current EBITDA margin is less than the average of the last 3 years EBITDA
margins, which may signal further consolidation
5.8%
23.4%
69.2%
0% 20% 40% 60% 80%
Median LTM Rev. Growth %
Median LTM EBITDA Margin %
Median LTM GP Margin %
5.1x
20.9x
21.4x
33.4x
0x 10x 20x 30x 40x
Median TEV / LTM Revenue
Median TEV / LTM EBITDA
Median TEV / LTM EBIT
Median Price / LTM Earnings
5
Public Basket
Company TEV $mLTM Rev
$m
Rev Growth
YoY GP %EBITDA
%TEV / Rev X
TEV / EBITDA
X # FTEsRev / FTE $k
American Software, Inc. 257 115 8% 54% 10% 2.2 21.7 462 249
Basware Oyj 629 168 -4% 24% 4% 3.8 99.9 1,829 92
Kinaxis Inc. 1,259 147 14% 70% 21% 8.8 42.3 453 324
The Descartes Systems Group Inc 2,332 268 18% 73% 32% 8.8 27.4 1,235 217
Manhattan Associates, Inc. 3,033 559 -7% 58% 27% 5.4 20.0 2,790 200
Coupa Software Incorporated 4,276 239 40% 69% -14% 17.9 0.0 833 287
SAP SE 127,522 27,983 3% 70% 26% 4.6 17.9 88,543 316
Oracle Corporation 185,027 39,893 3% 80% 40% 4.6 11.6 137,000 291
Average 40,542 8,671 9% 62% 18% 7.0 30.1 29,143 247
Median 2,682 253 6% 69% 23% 5.0 20.8 1,532 268
share price as of 24Jan19
6
Public Basket Valuation Trends
Public EBITDA Multiples over Time
Public Revenue Multiples over Time
0x
2x
4x
6x
8x
Apr-
14
Jul-
14
Oct-
14
Jan-1
5
Apr-
15
Jul-
15
Oct-
15
Jan-1
6
Apr-
16
Jul-
16
Oct-
16
Jan-1
7
Apr-
17
Jul-
17
Oct-
17
Jan-1
8
Apr-
18
Jul-
18
Oct-
18
Jan-1
9
TEV/Revenue - Median TEV/Revenue - Average
0x
10x
20x
30x
Apr-
14
Jul-
14
Oct-
14
Jan-1
5
Apr-
15
Jul-
15
Oct-
15
Jan-1
6
Apr-
16
Jul-
16
Oct-
16
Jan-1
7
Apr-
17
Jul-
17
Oct-
17
Jan-1
8
Apr-
18
Jul-
18
Oct-
18
Jan-1
9
TEV/EBITDA - Median TEV/EBITDA - Average20.7x
4.8x
0x
5x
10x
15x
20x
25x
30x
Apr-
14
Jul-
14
Oct-
14
Jan-1
5
Apr-
15
Jul-
15
Oct-
15
Jan-1
6
Apr-
16
Jul-
16
Oct-
16
Jan-1
7
Apr-
17
Jul-
17
Oct-
17
Jan-1
8
Apr-
18
Jul-
18
Oct-
18
Jan-1
9
TEV/EBITDA - Median TEV/Revenue - Median
TEV/EBITDA - Average TEV/Revenue - Average
7
Operational Metrics
LTM Gross Profit Margin % LTM EBITDA %
(20%) (10%) - 10% 20% 30% 40%
Median
Coupa SoftwareIncorporated
Basware Oyj
American Software, Inc.
Kinaxis Inc.
SAP SE
Manhattan Associates,Inc.
The Descartes SystemsGroup Inc
Oracle Corporation
- 20% 40% 60% 80%
Median
Basware Oyj
American Software, Inc.
Manhattan Associates, Inc.
Coupa SoftwareIncorporated
SAP SE
Kinaxis Inc.
The Descartes SystemsGroup Inc
Oracle Corporation
8
Operational Metrics
LTM Revenue Growth %LTM Revenue per
Full Time Employee x 000’s
(10%) - 10% 20% 30% 40%
Median
Manhattan Associates,Inc.
Basware Oyj
Oracle Corporation
SAP SE
American Software, Inc.
Kinaxis Inc.
The Descartes SystemsGroup Inc
Coupa SoftwareIncorporated
$- $100 $200 $300 $400
Median
Basware Oyj
Manhattan Associates, Inc.
The Descartes SystemsGroup Inc
American Software, Inc.
Coupa SoftwareIncorporated
Oracle Corporation
SAP SE
Kinaxis Inc.
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Operational Metrics
Accounts Receivable TurnoverAverage Days
Sales Outstanding
0x 2x 4x 6x 8x 10x 12x
Median
SAP SE
Kinaxis Inc.
Basware Oyj
Coupa SoftwareIncorporated
Manhattan Associates, Inc.
American Software, Inc.
The Descartes SystemsGroup Inc
Oracle Corporation
0 20 40 60 80
Median
Oracle Corporation
The DescartesSystems Group Inc
American Software,Inc.
ManhattanAssociates, Inc.
Coupa SoftwareIncorporated
Basware Oyj
Kinaxis Inc.
SAP SE
10
Valuation
TEV / LTM Revenue TEV / LTM EBITDA
0x 4x 8x 12x 16x 20x
Median
American Software, Inc.
Basware Oyj
Oracle Corporation
SAP SE
Manhattan Associates, Inc.
Kinaxis Inc.
The Descartes SystemsGroup Inc
Coupa SoftwareIncorporated
0x 30x 60x 90x 120x
Median
Oracle Corporation
SAP SE
Manhattan Associates, Inc.
American Software, Inc.
The Descartes SystemsGroup Inc
Kinaxis Inc.
Basware Oyj
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Valuation
TEV / LTM EBIT Price / LTM Earnings
0x 20x 40x 60x
Median
Oracle Corporation
SAP SE
Manhattan Associates, Inc.
American Software, Inc.
Kinaxis Inc.
The Descartes SystemsGroup Inc
0x 20x 40x 60x 80x 100x
Median
SAP SE
Manhattan Associates, Inc.
American Software, Inc.
Oracle Corporation
The Descartes SystemsGroup Inc
Kinaxis Inc.
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Valuation
Historical Valuation Multiples versus Gross Profit
Historical Valuation Multiples versus Revenue Growth Rate
12x 18x 20x 22x 27x 42x 100x
79.6%
69.6%
57.6%
53.9%
72.8%
69.8%
23.9%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
0x
20x
40x
60x
80x
100x
120x
LTM
GP%
EBIT
DA(x
)
EBITDA(x) LTM GP%
12x 18x 20x 22x 27x 42x 100x
2.8%
3.0%
(6.6%)
8.5%
18.2%
13.7%
(3.9%)
-10%
-5%
0%
5%
10%
15%
20%
0x
20x
40x
60x
80x
100x
120x
LTM
RG
R%
EBIT
DA(x
)
EBITDA(x) LTM RGR%
13
Recent TransactionsDate Target Buyer / Investor
Total Transaction
Value Target
Revenue TEV /
Revenue TEV /
EBITDA
11Dec18 IQMS Inc. Dassault Systèmes SE 425.00 56.00 7.6x -
4Dec18 Hiperos, LLC Coupa Software Incorporated 95.00 - - -
11Nov18 athenahealth, Inc. Veritas Capital Fund Management, LLC; Evergreen Coast Capital Corp.
5,941.90 1,311.40 4.3x 21.3x
28Oct18 Red Hat, Inc. International Business Machines Corporation 35,690.94 3,156.59 10.7x 54.4x
20Jun18 Web.com Group, Inc. Siris Capital Group, LLC 2,064.66 750.84 2.7x 14.3x
4Jun18 GitHub, Inc. Microsoft Corporation 7,500.00 - - -
21May18 Magento, Inc. Adobe Systems Incorporated (nka:Adobe Inc.) 1,680.00 150.00 11.2x -
12Apr18 CSF Solutions GmbH BluJay Solutions Ltd - - - -
20Mar18 MuleSoft, Inc. salesforce.com, inc. 6,811.58 296.46 22.3x NM
15Mar18 FSE Inc. Gladson Interactive, Inc. - - - -
12Feb18 Amber Road, Inc. E2open, LLC 323.51 79.08 4.0x -
29Jan18 Callidus Software Inc. SAP America, Inc. 2,576.42 253.09 9.6x NM
11Jan18 Forecast Solutions SL Retail Logistics Excellence - RELEX Oy - - - -
8Dec17 Honeywell International Inc. - 8,000.00 39,676.00 - -
7Dec17 Honeywell International Inc. - 444.86 39,676.00 - -
15Sep17 InfoZen, Inc. ManTech International Corporation 180.00 - - -
14Aug17 MacroPoint, LLC The Descartes Systems Group Inc 106.60 12.50 8.5x -
7Jul17 Perfect Commerce, LLC Proactis Holdings PLC 132.50 39.67 3.3x 20.6x
1Jun17 PCSTrac, Inc. The Descartes Systems Group Inc 11.50 - - -
18May17 Z-Firm LLC The Descartes Systems Group Inc 17.00 - - -
23Dec16 Datamyne, Inc. The Descartes Systems Group Inc 55.18 - - -
6Sep16 LogFire, Inc. Oracle Corporation - - - -
13Jul16 Imprivata, Inc. Thoma Bravo, LLC; Thoma Bravo Fund XII, L.P. 521.03 131.14 3.8x NM
1Jul16 Intelligrated Inc. (nka:Honeywell Intelligrated, Inc.) Honeywell Sensing and Productivity Solutions 1,500.00 - - -
23Jun16 Predictix LLC Infor (US), Inc. 125.00 21.68 - -
7Apr16 Suzhou Supply Chain Technology Co., Ltd. Jiangsu Hongtu High Technology Co., Ltd. 120.62 20.68 5.8x -
12Jan16 Enroute Systems Corporation Pitney Bowes Inc. 14.00 - - -
11Dec18 IQMS Inc. Dassault Systèmes SE 425.00 56.00 7.6x -
14
APPENDIX:
Public Basket
Constituents
7 Mile Advisors appreciates the opportunity to present this confidential information to the Company. This document is meant to bedelivered only in conjunction with a verbal presentation, and is not authorized for distribution. Please see the Confidentiality Notice &Disclaimer at the end of the document. All data cited in this document was believed to be accurate at the time of authorship and camefrom publicly available sources. Neither 7 Mile Advisors nor 7M Securities make warranties or representations as to the accuracy orcompleteness of third-party data contained herein. This document should be treated as confidential and for the use of the intendedrecipient only. Please notify 7 Mile Advisors if it was distributed in error.
Supply Chain Tech & SoftwareJanuary 2019
15
Public Basket
American Software, Inc.
American Software, Inc. develops, markets, and supports aportfolio of software and services worldwide. It operates inthree segments: Supply Chain Management (SCM), InformationTechnology (IT) Consulting, and Other. The SCM segmentprovides supply chain management and retail planningsolutions, including sales and operations planning, demand andinventory optimization, manufacturing planning and scheduling,supply optimization, retail allocation and merchandise planning,and transportation optimization solutions to streamline andoptimize the forecasting, inventory, production scheduling,production, supply, allocation, distribution, and management ofproducts between trading partners. This segment also offerscloud solutions for supply chain management, product lifecyclemanagement, vendor quality, and vendor compliance andcorporate social responsibility for brand retailers andmanufacturers; and analytics and business intelligence solutionsfor the supply chain market. The IT Consulting segment offersIT staffing and consulting services, such as professionalservices/product management/project management, staffaugmentation, and social media and analytic marketing, as wellas cloud, collaboration, network, and security services forsoftware enhancement, documentation, update, customereducation, consulting, systems integration, maintenance, andother support services. American Software, Inc. was founded in1970 and is headquartered in Atlanta, Georgia.
0x
1x
2x
3x
4x
5x
Revenue Multiples - American Software, Inc.
TEV/Revenue Average
0x
10x
20x
30x
EBITDA Multiples - American Software, Inc.
TEV/EBITDA Average
0x
10x
20x
30x
40x
50x
P/E Multiples - American Software, Inc.
P/E Average
16
Public Basket
Basware Oyj
Basware Oyj provides networked purchase-to-pay solutions,and e-invoicing and financing services for organizations inFinland and internationally. The company offers accountspayable automation software; e-procurement solutions;InvoiceReady, a purchase-to-pay solution for invoice handling;strategic sourcing solutions; purchase to pay analytics solutions;business consulting solutions; and travel and expensemanagement solutions. The company also provides sendingand receiving e-invoicing, paper invoice, PDF e-invoice, and e-archiving solutions; supplier management solutions; BaswareDiscount, a win-win solution for buyers and suppliers; andBasware Pay, a payment solution. Basware Oyj was founded in1985 and is headquartered in Espoo, Finland.
Date Key Development Headline11/15/18 Tradeshift Inc. made an offer to acquire Basware Oyj
(HLSE:BAS1V) from Arrowgrass Capital Partners LLP and others.
2/27/18 Verdane Capital completed the acquisition of Financial Performance Solutions and Banking businesses from BasWare Oyj (HLSE:B.
2/1/18 Verdane Capital signed an agreement to acquire Financial Performance Solutions and Banking businesses from BasWareOyj (HLSE:BAS1V) for €35 million.
0x
1x
2x
3x
4x
5x
6x
Revenue Multiples - Basware Oyj
TEV/Revenue Average
0x
50x
100x
150x
200xEBITDA Multiples - Basware Oyj
TEV/EBITDA Average
0x
50x
100x
150x
200x
250x
P/E Multiples - Basware Oyj
P/E Average
17
Public Basket
Kinaxis Inc.
Kinaxis Inc. provides cloud-based software for supply chainoperations. The company offers RapidResponse, which providessupply chain planning and analytics capabilities for managingvarious supply chain management processes, including supplyplanning, inventory management, order fulfillment, capacityplanning, and master scheduling, as well as sales andoperations planning process. It also offers professional services,such as implementation, technical, and training services, as wellas maintenance and support services to its software products.The company serves enterprises operating in various industries,including aerospace and defense, automotive, consumerproducts, high tech and electronics, industrial, and life sciences.Kinaxis Inc. sells its products in Canada, the United States,Europe, and Asia. The company was formerly known aswebPLAN Inc. and changed its name to Kinaxis Inc. in May2005. Kinaxis Inc. was founded in 1984 and is headquartered inOttawa, Canada.
0x
3x
6x
9x
12x
15xRevenue Multiples - Kinaxis Inc.
TEV/Revenue Average
0x
20x
40x
60x
80x
EBITDA Multiples - Kinaxis Inc.
TEV/EBITDA Average
0x
50x
100x
150x
200x
P/E Multiples - Kinaxis Inc.
P/E Average
Date Key Development Headline1/8/19 Ernst & Young LLP (EY UK) and Kinaxis Inc. Announces Forming
of Alliance
18
Public Basket
The Descartes Systems Group Inc
The Descartes Systems Group Inc. provides federated networkand logistics technology solutions worldwide. Its LogisticsApplication Suite offers a range of modular, cloud-based, andinteroperable Web and wireless logistics managementapplications. The company’s Logistics Application Suite offerssolutions, such as route planning and execution, mobileapplications, and telematics and compliance; transportationmanagement solutions comprising carrier compliance and ratemanagement, freight audit and settlement, dock schedulingand yard management, pool distribution, transportationplanning and execution, and logistics flow control, as well asvisibility, tracking, and performance management; and globallogistics network services, such as document management,community, and connectivity services. The company wasfounded in 1981 and is headquartered in Waterloo, Canada.
Date Key Development Headline8/21/18 The Descartes Systems Group Inc (TSX:DSG) acquired PinPoint
GPS Solutions Inc. for CAD 18 million.
6/24/18 The Descartes Systems Group Inc (TSX:DSG) acquired certain assets from Velocity Mail for $25.5 million.
3/5/18 The Descartes Systems Group Seeks Acquisitions
0x
3x
6x
9x
12x
15xRevenue Multiples - The Descartes Systems
Group Inc
TEV/Revenue Average
0x
15x
30x
45x
60xEBITDA Multiples - The Descartes Systems
Group Inc
TEV/EBITDA Average
0x
30x
60x
90x
120x
150xP/E Multiples - The Descartes Systems Group
Inc
P/E Average
19
Public Basket
Manhattan Associates, Inc.
Manhattan Associates, Inc. develops, sells, deploys, services,and maintains software solutions to manage supply chains,inventory, and omni-channel operations for retailers,wholesalers, manufacturers, logistics providers, and otherorganizations. The company provides supply chain solutions,including distribution management, transportationmanagement, and visibility solutions; omni-channel solutions;and inventory optimization and planning solutions. It also offersManhattan SCALE, a portfolio of logistics execution solutionsthat provide trading partner management, yard management,optimization, warehouse management, and transportationexecution services; Manhattan Active solutions; andmaintenance services. In addition, the company providesprofessional services, such as solutions planning andimplementation, and related consulting services; and trainingand change management services. Further, it resells computerhardware, radio frequency terminal networks, radio frequencyidentification chip readers, bar code printers and scanners, andother peripherals. It offers products through direct salespersonnel, as well as through partnership agreements withvarious organizations in the Americas, Europe, the Middle East,Africa, and the Asia Pacific. Manhattan Associates, Inc. wasfounded in 1990 and is headquartered in Atlanta, Georgia.
0x
3x
6x
9x
12x
15xRevenue Multiples - Manhattan Associates,
Inc.
TEV/Revenue Average
0x
10x
20x
30x
40xEBITDA Multiples - Manhattan Associates, Inc.
TEV/EBITDA Average
0x
20x
40x
60x
80xP/E Multiples - Manhattan Associates, Inc.
P/E Average
20
Public Basket
Coupa Software Incorporated
Coupa Software Incorporated provides cloud-based spendmanagement platform. The company’s platform connectsorganization with suppliers globally; and provides visibility intoand control over how companies spend money, as well asenables businesses to achieve savings that drive profitability. Itsplatform consists of procurement, invoicing, and expensemanagement modules that form its transactional engine andcapture a company’s spend; and offers supporting modules,including sourcing, spend analysis, contract management,supplier management, and inventory management. Thecompany markets its platform to a range of enterprises invarious industries, such as healthcare and pharmaceuticals,retail, financial services, manufacturing, technology, and othersprimarily through a direct sales force worldwide. The companywas founded in 2006 and is headquartered in San Mateo,California.
Date Key Development Headline12/9/18 Coupa Software Incorporated (NasdaqGS:COUP) acquired
Hiperos, LLC from Opus Global Holdings and GTCR Fund X/C, L.P., managed by GTCR, LLC for approximately $95 million.
10/14/18 Coupa Software Incorporated (NasdaqGS:COUP) acquired Aquiire, Inc. from Vora Ventures LLC and others.
9/3/18 Coupa Software Incorporated (NasdaqGS:COUP) acquired DCR Workforce, Inc.
0x
10x
20x
30xRevenue Multiples - Coupa Software
Incorporated
TEV/Revenue Average
21
Public Basket
SAP SE
SAP SE operates as an enterprise application software, andanalytics and business intelligence company worldwide. It offersSAP HANA, which enables businesses to process and analyzelive data; SAP Data Hub, a solution that enables businesses tomanage data from various sources; SAP Cloud Platform, whichenables businesses to connect and integrate applications; SAPBW/4HANA, a data warehouse solution; SAP Leonardo, asystem that enables customers to make business sense andopportunity of disruptive technologies; and SAP AnalyticsCloud, which leverages the intersection of business intelligence,planning, and predictive analytics. SAP SE was founded in 1972and is headquartered in Walldorf, Germany.
Date Key Development Headline12/17/18 SAP and Software AG Launch Joint Platform for Smart Cities
12/17/18 Lition Signs a Co-Innovation Agreement with SAP SE
11/20/18 Tata Consultancy Services Partners with SAP to Build Intelligent Rail Digital Maintenance
11/18/18 SAP SE (DB:SAP) acquired Contextor SAS.
11/16/18 SAP To Seek Acquisitions
0x
2x
4x
6x
8xRevenue Multiples - SAP SE
TEV/Revenue Average
0x
10x
20x
30xEBITDA Multiples - SAP SE
TEV/EBITDA Average
0x
10x
20x
30x
40xP/E Multiples - SAP SE
P/E Average
22
Public Basket
Oracle Corporation
Oracle Corporation develops, manufactures, markets, sells,hosts, and supports application, platform, and infrastructuresolutions for information technology (IT) environmentsworldwide. The company provides services in three primarylayers of the cloud: Software as a Service, Platform as a Service,and Infrastructure as a Service. It offers human capital andtalent management, enterprise resource planning, customerexperience and relationship management, procurement, supplychain management, project portfolio management, businessanalytics and enterprise performance management, andindustry-specific application software, as well as financialmanagement and governance, and risk and complianceapplications. -Oracle Corporation was founded in 1977 and isheadquartered in Redwood City, California.
Date Key Development Headline11/14/18 Oracle Corporation (NYSE:ORCL) entered into an agreement to
acquire Talari Networks, Inc.
11/14/18 Tele2 Russia, Oracle Expand Cooperation on Cloud Services
10/21/18 Oracle Corporation (NYSE:ORCL) signed an agreement to acquire DataFox Intelligence, Inc.
10/16/18 Oracle Corporation (NYSE:ORCL) entered into an agreement to acquire goBalto, Inc.
9/25/18 Oracle Corporation (NYSE:ORCL) acquired an unknown minority stake in Screening Room Inc. for $2.5 million.
0x
2x
4x
6x
8x
Revenue Multiples - Oracle Corporation
TEV/Revenue Average
0x
5x
10x
15x
20x
EBITDA Multiples - Oracle Corporation
TEV/EBITDA Average
0x
20x
40x
60x
80x
P/E Multiples - Oracle Corporation
P/E Average
23
7MA provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. We advise on M&Aand private capital transactions and provide market assessments and benchmarking. As a close-knit team with a long history togetherand a laser focus on our target markets, we help our clients sell their companies, raise capital, grow through acquisitions, and evaluatenew markets. Securities offered through 7M Securities LLC.
CONTACT INFO
Leroy Davis, Partner 704.899.5962 leroy@7mileadvisors.com
Tripp Davis, Partner 704.899.5762 tripp@7mileadvisors.com
Andy Johnston, Partner 704.899.5961 andy@7mileadvisors.com
Ben Lunka, Managing Director 704.496.2995 ben@7mileadvisors.com
Jeff Stoecklein, Managing Director 312.796.9330 jeff@7mileadvisors.com
Mark Landry, Managing Director 561.972.0609 mark@7mileadvisors.com
Kristina Sergueeva, Director 704.899.5149 kristina@7mileadvisors.com
Neil Churman, Director 281.742.9340 neil@7mileadvisors.com
John Cooper, Director 704.973.3996 john@7mileadvisors.com
Tim Frye, Director 704.973.3994 tim@7mileadvisors.com
Nicholas Prendergast, Financial Analyst 704.973.3995 nicholas@7mileadvisors.com
Ariail Siggins, Marketing Director 704.981.2908 ariail@7mileadvisors.com
Sydney Larese, Associate 704.973.3998 sydney@7mileadvisors.com
Marty Johnson, Associate 704.973.3999 marty@7mileadvisors.com
Rory Julyan, Associate 704.981.2520 rory@7mileadvisors.com
Garth Martin, Associate 704.973.3997 garth.martin@7mileadvisors.com
Dennis Fox, Associate 704.706.9168 x 119 dennis@7mileadvisors.com
Steve Buffington, Associate 704.960.1828 steve@7mileadvisors.com