BITN – May 2022

BITN is a compilation of business stories from around Minnesota and neighboring states usually not reported on by Twin Cities media. These stories are curated by Platinum Group to provide business leads, trends and insights we hope you will find useful. Pace International Buys Seven Acres in Rochester for Expansion Purposes The two brothers who own 50-year-old Pace International in Rochester recently paid $1.7 million […]

The Best Time to Plan is When Things are Calm

By Bob Stewart I’ve been thinking a lot about my own mortality lately. That’s probably because a number of people close to me have died. We so easily forget that the circle of life on this planet far too soon will no longer include us. Tempus fugit. In the context of advising business owners, this realization reinforces for me the importance of planning ahead. Prepare […]

Jon McTaggart Joins Platinum Group as Executive Consultant

Former American Public Media Group President and CEO Jon McTaggart has joined Platinum Group, where he will advise and coach business owners and principals in a variety of areas including growth strategy, founder- and CEO-transitions, board development, cash flow growth and profitability, operations improvement and capital raising. “I’ve been blessed for more than 35 years with mentors and by working with really talented leaders and colleagues,” Jon […]

Turn a Good Idea into a Great Investment Opportunity

By Robert Lehmann, Executive Consultant Two years’ worth of COVID-related pressures on the workplace have prompted thousands of business leaders with entrepreneurial spirits to decide now is the time to start up their own ventures. Even amid new uncertainties including inflation, the risk of a recession and intensifying geopolitical conflicts, they can turn their dreams into businesses backed by investors. If you’re such an individual—or […]

Platinum Group Announces Sale of Rancher’s Legacy Meat Co.

Producer of high-quality beef and pork products sold to investor group MINNETONKA, Minn. (March 23, 2022) – Platinum Group, a business advisory firm based in Minnetonka, Minn., today announced it completed the sale of Rancher’s Legacy Meat Company, a Vadnais Heights, Minn., based producer of high-quality beef and pork products, to a  third-party investment group. Terms of the sale were not disclosed. Rancher’s Legacy retained […]

BITN – March 2022

BITN is a compilation of business stories from around Minnesota and neighboring states usually not reported on by Twin Cities media. These stories are curated by Platinum Group to provide business leads, trends and insights we hope you will find useful. Nerve-racking Times for Company with 16 Ukraine Locations West Fargo, N.D.-based Titan Machinery has 16 locations in Ukraine mostly located in the central and […]

Becky Amble Joins Platinum Group as Executive Consultant

Strategic sales and marketing expert Becky Amble has joined Platinum Group, where she works with B2B organizations to accelerate growth through improved revenue generation and timely customer information. This can be in a turnaround, due diligence or pre-investment situation. A best-selling author of more than 10 books, Becky often starts out by asking questions such as these (see how you fare by answering using a scale […]

BITN – February 2022

BITN is a compilation of business stories from around Minnesota and neighboring states usually not reported on by Twin Cities media. These stories are curated by Platinum Group to provide business leads, trends and insights we hope you will find useful. Funding Bolsters Already Bright Future for Software Company Minneapolis-based Traction Capital has invested $500,000 into ControlBright, a Hermantown, Minn.-based industrial control software company enabling […]