{"id":1428,"date":"2012-10-03T00:01:19","date_gmt":"2012-10-03T06:01:19","guid":{"rendered":"https:\/\/www.amyreesanderson.com\/blog\/?p=1428"},"modified":"2012-10-25T14:38:12","modified_gmt":"2012-10-25T20:38:12","slug":"formally-announcing-rees-capital","status":"publish","type":"post","link":"https:\/\/www.amyreesanderson.com\/blog\/formally-announcing-rees-capital\/","title":{"rendered":"Formally Announcing REES Capital!"},"content":{"rendered":"<p>Today marks the formal announcement of my new venture &#8211; REES Capital &#8211; and our new company website is now\u00a0live\u00a0&#8211; <a href=\"http:\/\/www.reescapital.com\">www.reescapital.com<\/a>\u00a0. When I said in my blog yesterday that I have been working round the clock, this was why!\u00a0 I have been furiously getting everything together for the press release to go out October\u00a03rd and I needed to have the\u00a0new website ready at the same time, so it was a crazy effort, but thanks to a sleepless night last night we pulled it off!\u00a0 There is still so much to get done for this new\u00a0venture\u00a0&#8211; our building interior is undergoing construction changes with the build out\u00a0before we can\u00a0move in, and in the meantime we are using executive suites and about every restaurant in town to handle all of the meetings on the schedule.\u00a0 I\u00a0am so used to having\u00a0\u00a0my organized office space (which I realize, to the rest of the world, seemed disorganized but to me I knew exactly where to find things in every one of the thousands of piles of\u00a0 papers strewn all over\u00a0my office, so I call that organized!), now\u00a0I am working out of boxes of piles of paper which is far more difficult to locate anything!\u00a0 I\u00a0will be so excited when our space is finished up and we can get all moved in.\u00a0 And\u00a0I am\u00a0so excited to\u00a0decorate &#8211; after all, I am\u00a0a girl, and decorating is girl code for &#8220;I get to go shopping and buy\u00a0really cute stuff&#8221; \u00a0:).\u00a0 Yes, my new venture has officially begun and I am so excited I can hardly put it into words.\u00a0 I have spent years dreaming about the time when\u00a0I would be able\u00a0to spend my life mentoring and teaching others and now that time is here!\u00a0 I suppose I imagined I would be an old lady before that came to pass&#8230;okay, so I know my daughter is reading this thinking, &#8220;you are old mom&#8221;, but I imagined I would be REALLY\u00a0old&#8230;like grandma old&#8230;wait, I just realized that I am only\u00a0another three years or so from potentially being a grandma myself&#8230;so maybe it is happening exactly like I\u00a0imagined&#8230;well,\u00a0I still feel really young and that is all that matters here, right!?!\u00a0\u00a0 Well 41 years, old or not,\u00a0I have a whole lot of spunk left in me yet, and\u00a0I intend to take full advantage of it\u00a0as I search for the most amazing Entrepreneurs out there with the best business ideas around so\u00a0I can mentor them, advise them, and\u00a0for the\u00a0ones that can really change the world, angel invest in them.\u00a0 Buckle up\u00a0cause this is going to be an\u00a0AMAZING RIDE!\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0~Amy\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (see the press release\u00a0below)<\/p>\n<p><strong>FOR RELEASE ON OCTOBER 3, 2012<\/strong><strong>\u00a0<\/strong><\/p>\n<p align=\"center\"><strong>Former MediConnect Global CEO Amy Rees Anderson Launches REES Capital<\/strong><\/p>\n<ul>\n<li>\u00a0<em>Amy Rees Anderson Parlays Experience as CEO of Highly Successful Medical Information Technology Company to Form \u2018Mentor Capital\u2019 Firm to Help Guide Other Promising Start-ups and High Growth Companies<\/em><\/li>\n<li><em>\u00a0<\/em><em>Former MediConnect Executives Adam Casto and Shani Allsop Join REES Capital as Partners<\/em><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>SALT LAKE CITY (October 3, 2012) \u2013 Amy Rees Anderson, former CEO of MediConnect Global, today announced the launch of REES Capital, a \u201cmentor capital\u201d firm that provides consulting services and angel capital investments to start-up and high-growth companies.<\/p>\n<p>REES (Recognizing &amp; Empowering Entrepreneurial Success) Capital was created to provide entrepreneurs and business executives critical guidance and support to help their companies grow. In addition to seeking out opportunities for potential equity investments, REES Capital provides expert mentoring and consulting services across a broad range of business functions, including leadership training; product and market assessment; marketing, sales and public relations strategy; financial modeling; organizational structuring; strategic planning; acquisition and exit strategy; and other key areas.<\/p>\n<p>\u201cAs an entrepreneur myself, I am familiar with the challenges business owners face every day, especially as they embark on the exciting adventure of creating and growing a thriving company,\u201d said Anderson, managing partner at REES Capital. \u201cI know firsthand how important it is to be able to rely on sound business advice from experienced professionals \u2013 people who have been there and know what it takes to succeed. I have been fortunate to have a number of very influential mentors throughout my career \u2013 visionaries like James Lee Sorenson, Alan Hall, Dinesh Patel, and several others \u2013 and I hope to be able to provide similar guidance to other entrepreneurs.\u201d<\/p>\n<p>As founder and CEO, Anderson headed medical record retrieval and health information exchange company MediConnect Global for nearly nine years. Under her leadership, the company became one of the world\u2019s largest health information exchanges, achieving more than 1,500 percent growth since 2004. MediConnect was acquired in 2012 by Verisk Analytics for $348.6 million plus the company\u2019s $29.2 million of working capital for a total purchase price of $377.8 million.<\/p>\n<p>\u201cAmy is a proven leader with undeniable vision, perspective and business savvy,\u201d said Alan Hall, founder and chairman of MarketStar, a global outsourced sales and marketing company that generates billions of dollars annually for clients such as Cisco, HP, Sony and Verizon. \u201cDrawing on her own deep reservoir of business success, I can think of no one more capable of helping others to create businesses with great and lasting value.\u201d<\/p>\n<p>Former MediConnect Executive Vice President of Business Development Adam Casto and former MediConnect Chief Operating Officer Shani Allsop will join Anderson as partners at REES Capital, helping to provide strategic direction to the leadership of companies they advise. Casto and Allsop each bring significant expertise to help guide companies through the growth process. During his time at MediConnect, Casto was instrumental in cultivating relationships with the company\u2019s notable clientele, and in 2012, he was recognized with the distinguished Sales and Marketer of the Year (SAMY) Award from <em>Utah Business<\/em> magazine. As COO, Allsop oversaw all aspects of MediConnect\u2019s record retrieval operations, including the design of internal proprietary systems that streamlined operations, cut costs and improved overall quality for the company. Allsop was named one of <em>Utah Business<\/em> magazine\u2019s 30 Women to Watch.<\/p>\n<p>\u201cOne of the things we will stress to the companies we mentor is the need to build a strong leadership team, and REES Capital is definitely practicing what it preaches in that regard,\u201d added Anderson. \u201cHaving worked with both Adam and Shani for a number of years, I already know we have a successful track record together, and I have always been impressed with their individual capabilities, strengths and drive. They have each excelled in guiding the teams they have worked with, and I\u2019m confident their business savvy will benefit the companies we will be working with tremendously.\u201d<\/p>\n<p>Prior to joining MediConnect, Anderson founded and managed several successful technology ventures. She began her first business in 1996 with only $23,000 in seed funding. Across her many entrepreneurial ventures, she has raised significant capital and has acquired and helped guide successful exits for several companies. In 2007, she garnered the prestigious Ernst &amp; Young Entrepreneur of the Year Award, and in 2012 she was named CEO of the Year by <em>Utah Business<\/em> magazine.<\/p>\n<p>Anderson has a strong community service ethos. She currently serves on the boards of numerous organizations, including the Board of the Utah Governor\u2019s Office of Economic Development; Sundance Institute\u2019s Advisory Board; Utah Technology Council Board of Trustees (UTC); the Salt Lake Chamber Board of Governors; two University of Utah boards\u2014the Commercialization Advisory Board and the National Advisory Board for the David Eccles School of Business; and Brigham Young University Founder\u2019s Board.<\/p>\n<p><strong>About REES Capital<\/strong><\/p>\n<p>REES (Recognizing &amp; Empowering Entrepreneurial Success) Capital is an angel investment and mentor capital firm that works in close collaboration with entrepreneurs and their investors and board members to drive company growth and maximize equity value through strategic direction and influence. For more information, visit <a href=\"http:\/\/www.reescapital.com\/\">www.reescapital.com<\/a>, or follow Amy Rees Anderson on Twitter @amyreesanderson.<\/p>\n<p align=\"center\">###<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today marks the formal announcement of my new venture &#8211; REES Capital &#8211; and our new company website is now\u00a0live\u00a0&#8211; www.reescapital.com\u00a0. When I said in my blog yesterday that I have been working round the clock, this was why!\u00a0 I have been furiously getting everything together for the press release to go out October\u00a03rd and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":98,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[67,73,72,75],"class_list":["post-1428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-entrepreneurship","tag-launch","tag-rees-capital","tag-venture"],"_links":{"self":[{"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/posts\/1428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/comments?post=1428"}],"version-history":[{"count":10,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/posts\/1428\/revisions"}],"predecessor-version":[{"id":1619,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/posts\/1428\/revisions\/1619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/media\/98"}],"wp:attachment":[{"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/media?parent=1428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/categories?post=1428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/tags?post=1428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}